
Nigeria Customs Service







The Nigeria Customs Service has announced zero % duty and Value Added Tax (VAT) exemption on basic food items, effective July 15 to December 31, 2024.

The Nigeria Customs Service (NCS) has disclosed that the federal government will forfeit N187 billion while implementing a 150-day duty-free window on food items.

The Central Bank of Nigeria (CBN) has slashed the foreign exchange rates for cargo clearance in Nigerian ports following gains the naira against the dollar.

The Central Bank of Nigeria has reduced the foreign exchange rates for Customs duty after selling Forex to dealer banks via the Dutch Auction System

The Central Bank of Nigeria (CBN) has adjusted Nigeria Customs exchange rates for cargo clearance in Nigeria ports as the naira appreciated against the dollar.

The Nigeria Customs Service has disclosed that it is working with the Ministry of Finance to set new guidelines for the implementation of duty-free food import.

Following the appreciation of the Nigerian currency, the naira, the Central Bank of Nigeria (CBN) has adjusted the Customs exchange rates for cargo clearance.

The Central Bank of Nigeria has increased the Nigeria Customs exchange rate to clear cargoes in Nigeria's ports from N1,601.84 to N1,610.41 in 24 hours.

The Central Bank of Nigeria has increased the customs exchange rates for cargo clearances at Nigeria's ports as the naira depreciates further in forex markets.
Nigeria Customs Service
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