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Naira volatility, inflation push up freight rates – SAN
ABI Analysis
·
Nigeria
trade
Sentiment: -0.65 (negative)
·
19/03/2026
By Godwin Oritse The Shipping Association of Nigeria (SAN) has attributed the rise in shipping charges and related freight costs to persistent inflationary pressures and the volatility of the Naira against the US dollar and other foreign currencies. Responding to opposition from the National Association of Government Approved Freight Forwarders (NAGAFF) over the recent increase […]
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Sources: Vanguard Nigeria