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 ...

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

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

On April 22, Mexico increased import duties to 544 tariff lines ranging between 5% and 50%. The increase will be enforced for two years, ending in April 2026. Among the products covered by the new ...

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

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 ...

A 40% export duty on onions was introduced starting May 3. Although general exports remain restricted, exceptions are allowed ...

India and Chinese Taipei have asked the WTO to not adopt any ruling in the matter of New Delhi’s levy of import duties on ...

Raising import duty to 100 per cent, restoration of the proper budget for Market Intervention Scheme (MIS) and the abolition ...

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

Through an extraordinary gazette notification issued on Friday night, the Government announced the reduction of import duty ...

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 ...