FG raises exchange rate for cargo clearance to N951/$

By Daudu John

December 07, 2023

 

FG raises exchange rate for cargo clearance to N951/$

 

The Federal Government through the Central Bank of Nigeria, has raised the exchange rate for cargo clearance from N783/$ to N952/$.

 

This is coming barely three weeks after the rate was increased from N757/$ to N783/$.

 

The PUNCH reported in November, that the exchange rate for cargo clearance was raised from N757 per dollar to N783 per dollar, representing a 3.4 per cent increase.

 

However, our correspondent observed on Thursday that the new rate has reflected on the portal of the Nigeria Customs Service.

 

Detail later…….