The Central Bank of Nigeria (CBN) has adjusted the Customs Exchange rate for import duty amid the naira’s stability The new rate shows the amount importers will pay to clear goods from Nigerian ...

These are not the best of times for importers and clearing agents operating at the nation’s sea ports. They are to pay more on every good they import going by new exchange rate regime approved for the ...

The Centre for the Promotion of Private Enterprise (CPPE) is worried that the problem of the prohibitive and unpredictable exchange rate for cargo clearance is yet to be addressed by government. In a ...

The Central Bank of Nigeria (CBN) has adjusted the Customs exchange rate for cargo clearance to align with the naira’s gain The CBN set the Customs FX rate lower following the naira’s N12 gain in the ...