Tag: Imports
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Importers lament uncertainty as import duty FX rate increases to N1,560.5/$
The currency rate used by Customs to determine tariffs at seaports was lowered to N1,544.511/$, but it was reviewed upward to N1,560.511/$ after just...
Cost of clearing imports increased by 93% when the naira declined
Since the federal government's foreign exchange reform went into effect eight months ago, customs charges paid on imported products have increased by almost 93%...
