Despite calls for a fixed rate, the  Nigeria Customs Service (NCS) has again adjusted the foreign exchange (FX) rate for import duties.

Dublin records near-doubling of tax revenue from duties on imports of clothing, food and other goods from Great Britain ...

The new FX rate for import duties is above the official market rate of the naira as of 02 May 2024 when the naira closed at N1,402.67/$ on the official market. In the parallel market, the naira closed ...

The Nigeria Customs Service (NCS) has adjusted the foreign exchange (FX) rate for import duties to N1,373.64 per dollar.

Dr Muda Yusuf, has stated that the instability in customs duty exchange rate has become a huge burden on the business community, leading to high volatility in cargo clearing costs.In a statement ...

The Nigeria Customs Service (NCS) has increased the foreign exchange (FX) rate for import duties to N1,441.58 per dollar. The increase represents a 4.94 percent as against the N1,373.64/$ adopted on ...

The Centre for the Promotion of Private Enterprise, CPPE, has asked the Nigerian federal government to fix customs duty ...

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Dr. Mahamudu Bawumia, the flagbearer of the New Patriotic Party (NPP), has provided clarification on his proposal to grant ...

Govt exempts import duty on 'desi chana' till March 2025, imposes 40% export duty on onions. Extends yellow peas duty ...

The Mongolian government announced a significant decision on Wednesday to eliminate the import duty on wheat flour, ...

Leader of the Opposition Jai Ram Thakur yesterday said that Prime Minister Narendra Modi’s third term would be historic for ...