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Nigeria Nigerians Credit Peter Obi for Customs Import Duty Policy Shift
In a significant move effective from February 26, 2024, the Central Bank of Nigeria (CBN) has instructed the Nigerian Customs Service (NCS) to base import duty calculations on the foreign exchange (FX) closing rate on the day importers submit 'Form M' for clearing goods. This decision aims to...- Nigeria News
- Article
- 1 min read
- central bank of nigeria customs duty exchange rate form m import duties nigerian customs service
- Category: Politics
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