Customs import duty rate falls to N1,238/$

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The foreign exchange rate for Customs import duties was on Wednesday, April 10, adjusted downwards to NI, 238/1$ by the Central Bank of Nigeria.


The adjustment represents a 6.8 percent drop compared to NI, 246.66/$ displayed on April 8. The recent development is below the official foreign exchange rate, which closed at N1, 248.5/$ on April 9 at the Nigerian Autonomous Foreign Exchange Market (NAFEM).


This is said to be part of the Central Bank of Nigeria's (CBN) effort to stabilise the Naira.


Central Bank of Nigeria 

Naira & USD


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