Customs Generate N1.3tr in Q1 2024 – Adeniyi The Comptroller General Nigeria Customs Service (NCS), Adewale Adeniyi, has said the agency made N1.3 trillion in revenue in Q1 of 2024. In addition to the smuggling being stopped and trade facilitation being expedited, he attributed the success...

CBN Increases Customs FX Clearance Rate N1,612 Per Dollar The Central Bank of Nigeria (CBN) has increased the FX rate for clearance of goods at different import points by N18.44 from N1593.84/$ to N1612.28/$. This is according to the latest information available on the exchange rate...

CBN Increases Customs FX Clearance Rate N1,612 Per Dollar The Central Bank of Nigeria (CBN) has increased the FX rate for clearance of goods at different import points by N18.44 from N1593.84/$ to N1612.28/$. This is according to the latest information available on the exchange rate...

CBN Slashes Import Duty Forex Rate   The Central Bank of Nigeria (CBN) has further reviewed downward the Customs Foreign Exchange duty rate from N1,630.159/$ to N1,544.081/$ on Monday, March 04, 2024. The slash which represents 5.3 percent follows the stability in the exchange rate of naira...

CBN Slashes Import Duty Forex Rate   The Central Bank of Nigeria (CBN) has further reviewed downward the Customs Foreign Exchange duty rate from N1,630.159/$ to N1,544.081/$ on Monday, March 04, 2024. The slash which represents 5.3 percent follows the stability in the exchange rate of naira...

Economic Hardship: Customs Set to Distribute Seized Food Items The Nigeria Customs Service (NCS) says it has concluded plans to commence the direct distribution of seized food items to Nigerians. The National Public Relations Officer of the service, Abdullahi Maiwada disclosed this in a statement on...