Again, customs adjust FX rate for collection of duties to N1,413/$ – up from N1,356/$

  • February 4, 2024
Again, customs adjust FX rate for collection of duties to N1,413/$ – up from N1,356/$

THE CABLE 

The Nigeria Customs Service (NCS) has adjusted its foreign exchange (FX) rate for tariffs and duties collection to N1,413.62 per dollar.

The adjustment comes a day after customs moved the rate to N1,356 on Friday, February 2, 2024 – N951.

The new rate, which represents an increase of 4.18 percent or N56.74, was updated n the government’s single window trade portal on Saturday.

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Again, customs adjust FX rate for collection of duties to N1,413/$ - up from N1,356/$

 
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