- The Nigeria Customs Service has once again reviewed the foreign exchange rate for clearing imported goods at Nigerian ports
- The new rates are intended to reflect the performance of the Naira against the dollar across the foreign exchange markets
- Importers will now have to pay more to bring in their goods, which will lead to an increase in the cost of cars, mobile phones and other foreign item
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The Nigeria Customs Service (NCS) has published a new exchange rate for cargo clearing at the port.