Customs FX Rate for Import Duty Rises to N1,513/$
By DAPO OLAWUNI The Nigeria Customs Service has adjusted the foreign exchange (FX) rate for import duties to N1, 513.235...
Customs Exchange Rate
Excitements as Customs Duty Exchange Rate Drops to N1,364/$
By DAPO OLAWUNI Even as the Naira has continued to gain against the dollars, the Central Bank of Nigeria (CBN)...
After ANLCA’s Intervention, CBN Adopts ‘Closing FX Rate on Form M’ for Import Duty Assessment
By DAPO OLAWUNI Following various appeals by port industry stakeholders, particularly the Association of Nigerian Licensed Customs Agents (ANLCA) on...
Customs Duty Exchange Rate Hits N1,605 per dollar
By DAPO OLAWUNI The exchange rate for the calculations of import duty payable to the Nigeria Customs Service has increased...