A majority of leaders in the European Union released a joint statement Tuesday that expressed …
Read More »CBN Adjusts Exchange Rate to Clear Goods as Customs Introduces 4% FOB Charge
The Central Bank of Nigeria (CBN) has adjusted the Customs Exchange rate for import duty amid the naira’s stability The new rate shows the amount importers will pay to clear goods from Nigerian seaports and airports The development comes as the Customs reintroduced the controversial 4% Free on Board (FOB) …
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