Archive for month: February, 2024

Prices of imported goods to rise as CBN raises Customs duty rate by 2.6% — from N1444.56/$1 to N1,481.482/$1—, 5th time in 2024

Misery of Nigerian importers have continued to worsen as the Central Bank of Nigeria (CBN), on Wednesday, readjusted the Customs exchange rate from N1444.56/$1 to N1,481.482/$1. According to information gathered, the exchange rate was reviewed upward by N36.922 that is, 2.56 per cent against the last increment, in the...

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Economic Hardship: Northerners will soon revolt; we can no longer pacify our people— Sultan of Sokoto tells President Tinubu

Sultan of Sokoto, Muhammad Sa’ad Abubakar-led Northern Traditional Council, has warned that rising poverty, hunger and insecurity in the country will force people to revolt against President Bola Tinubu’s government very soon, Peoples Gazette is reporting. “It is getting to a level that traditional leaders could no longer pacify...

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