FG raises exchange rate for cargo clearance to N1,356/$
The Federal Government through the Central Bank of Nigeria has raised the exchange rate for cargo clearance from N952/$ to N1.356 per dollar.
This is coming weeks after the rate was increased from N783/$ to N952/$.
In November, the exchange rate for cargo clearance was raised from N757 per dollar to N783 per dollar, representing a 3.4 per cent increase, and was later raised from N783/$ to N952/$ in December.
However, our correspondent observed on Friday that the new rate has been reflected on the portal of the Nigeria Customs service
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