Tag: Custom Duty

Nigerian Customs Service Records Highest FX Rate for Duty Collection in Six Weeks

by Harry Choms

May 12, 2024

According to data from the NCS exchange rate portal, the exchange rate used by the Nigerian Customs Service (NCS) to collect import duties has surged to N1457/$, marking the highest ...

Customs Exchange Rate for Import Duties Hits N1,441/$, Surpassing Official Rate

by Harry Choms

May 4, 2024

The exchange rate for customs duty collection has surged to N1,441.53 against the US dollar over the past two days. This marks a significant jump from N1,373.64/$ recorded at the ...