JUST IN: AGAIN, FG RAISES EXCHANGE RATE FOR CARGO CLEARANCE TO N1,605/$
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Again, the Federal Government through the Central Bank of Nigeria has increased the exchange rate for cargo clearance to N1,605/$.
This came following the rise of dollar to N1515/ $ which later dropped to N1,472.
Meanwhile, between January and now, the rate has risen a couple of times. It was moved from N952/$ in December to N1356/$. And was moved to N1,413/$ before it went to N1,444/$. The rate moved to N1,515 before finally getting to N1.605.
The new rate was confirmed by our correspondent who visited the portal of the Nigeria Customs Service on Wednesday, adding that the new rate was reflected on the portal.
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