Cargo Clearance Exchange Rate Raises to N1,605/$ The Federal Government through the Central Bank of Nigeria (CBN) has again raised the exchange rate for cargo clearance to N1,605/$. This is coming days after the rate rose to N1515/ $ and later dropped to N1,472. Between January and...

Customs Reveals TRS Initiative To Ease Cargo Clearance Mr Adewale Adeniyi, the Comptroller-General of the Nigeria Customs Service (NCS), has unveiled its Time Release Study service (TRS), an initiative to streamline cargo clearance and boost trade enhancement in Nigeria. Adeniyi revealed this at Thursday’s launch of...

JUST IN: FG Increases Exchange Rate for Cargo Clearance to N1356 Per Dollar The Nigerian government through the Central Bank of Nigeria (CBN) has raised the exchange rate for cargo clearance from N952/$ to N1.356 per dollar. This adjustment follows recent increases in the exchange rate...