Customs FX Rate For Import Duties Drops To N1,238/$

For the purpose of assessing import tariffs and clearing products, the Nigeria Customs Service (NCS) has changed the exchange rate from N1,246.66/$ to N1,238.17 to the USD. This indicates an N6.14 decrease over the previous two days. The official market rate of the NGN to the USD is now higher than the customs exchange rate. … Continue reading Customs FX Rate For Import Duties Drops To N1,238/$