The Nigeria Customs Service (NCS) has clarified that it does not independently determine, generate, or alter the exchange rates used for import and export valuation. The clarification follows recent ...

The Centre for the Promotion of Private Enterprise has called for an amendment to the Customs Act and a stabilisation of the exchange rate used for customs duty calculations. CPPE’s Director, Dr Muda ...

The Centre for the Promotion of Private Enterprise (CPPE) is worried that the problem of the prohibitive and unpredictable exchange rate for cargo clearance is yet to be addressed by government. In a ...

The Nigeria Customs Service has clarified that B’Odogwu, a Unified Customs Management System, does not under any circumstance generate, substitute, or alter exchange rates for cargo clearance. The ...