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Headline : Again, Customs raises FX rate for import duties to N1, 373/$

Read more from the original article on here at www.ripplesnigeria.com.






Tags : #again #customs #raises #fx #rate #import #duties #n1 #373


No. of Paragraph 36

For the umpteenth time, the Nigeria Customs Service (NCS) has adjusted the foreign exchange rate for import duties to N1,373.64 per dollar.

This represents a 19.4 percent increase compared to N1, 150.1/$ announced by the service on April 24.

The new rate adopted by customs was observed on Wednesday.

Despite the increase, the NCS rate fell below the official foreign exchange rate which closed at N1,390/$ on April 30.

Read more from the original article on here at www.ripplesnigeria.com.


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