Again, CBN Increases Customs Duty On Cargo Clearance By ₦4

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Again, CBN Increases Customs Duty On Cargo Clearance By ₦4

« on: February 10, 2024, 07:03:05 PM »

Again, CBN Increases Customs Duty On Cargo Clearance By ₦4

The Central Bank of Nigeria (CBN) has, for the third time this year, increased the exchange rate for calculating customs duties at the nation’s seaports from ₦1,413.62/$ to ₦1,417.635/$. With the upward review, Nigerians will pay more to clear their goods at the port because import duties are benchmarked against the dollar. According to information […]

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