The Nigeria Customs Service (NCS) has clarified that it does not independently determine, generate, or alter the exchange rates used for import and export valuation. The clarification follows recent ...
The Central Bank of Nigeria (CBN), on Tuesday, increased the exchange rate for cargo clearance from N381 per dollar to N404.97 per dollar. Public Relations Officer (PRO), Tin Can Island Customs ...
The Centre for the Promotion of Private Enterprise has called for an amendment to the Customs Act and a stabilisation of the exchange rate used for customs duty calculations. CPPE’s Director, Dr Muda ...
Importers and clearing agents operating at the nation’s seaports are groaning following the new exchange rate policy given to the Nigeria Customs Service (NCS) by the Central of Nigeria (CBN). The new ...
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