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Muda Yusuf

Business and Economy

Nigeria risks cargo diversion, smuggling over inconsistent customs duty rate

THE Centre for the Promotion of Private Enterprise (CPPE) has said not addressing inconsistencies and volatility in  Customs Duty...
Ehime ALEX -
Business and Economy

Protest: Nigeria may lose N400 billion daily – CPPE

THE chief executive officer of the Centre for the Promotion Of Private Enterprise (CPPE), Muda Yusuf, said Nigeria could...
Ehime ALEX -
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Business and Economy

CBN regrets declining economic activities despite hiking lending rate

DESPITE increasing the lending rate to 24.75 per cent, the Central Bank of Nigeria (CBN) has admitted regrets over...
Harrison EDEH -
Business and Economy

Economists disagree on adopting fixed rate for Customs duty

ECONOMISTS have expressed divergent views on adopting a fixed Customs duty exchange rate following frequent changes in the rate,...
Ehime ALEX -
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Business and Economy

CBN raises Customs duty by 14% despite calls for fixed rate

The Central Bank of Nigeria (CBN) has again dashed importers' hopes by raising the exchange rate for Customs import...
Harrison EDEH -
Business and Economy

Manufacturers seek fixed rate for Customs duty to address inflation

MANUFACTURERS have called for a fixed Customs import duty-exchange rate to combat Nigeria's rising inflation, currently at 33.02 per cent. The...
Harrison EDEH -
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