The Federal Government through the Central Bank of Nigeria has raised the exchange rate for cargo clearance from nine hundred and fifty-two per dollar to one thousand, three hundred fifty-six per dollar.
This is coming weeks after the rate was increased from seven hundred and eighty-three per dollar to nine hundred and fifty-two per dollar.
In November, the exchange rate for cargo clearance was raised from N757 per dollar to N783 per dollar, representing a 3.4 percent increase, and was later raised from N783/$ to N952/$ in December.
However, it was observed on Friday that the new rate has been reflected on the portal of the Nigeria Customs Service.
The post Customs Increases Cargo Clearance Rate By 43 Percent first appeared on Royal Times of Nigeria..