The Central Bank of Nigeria (CBN) has reduced the exchange rate for Customs duty clearance againThe new exchange rate reflects the performance of the Nigerian currency in the forex exchange marketThe customs exchange rate is set by CBN using the closing rate of the dollar in the Nigeria Foreign Exchange Market (NFEM)
The Central Bank of Nigeria (CBN) has slightly adjusted the exchange rate for customs duty for clearing goods at the ports as naira improved against the US dollar.
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