
Central Bank of Nigeria
Foreign Exchange Rates for Import Duty Assessment
- Author
- Central Bank of Nigeria
- Reference No.
- TED/FEM/PUB/FPC/001/007
- Year
- 2024
- Pages
- 2 pages
The Central Bank of Nigeria advises that the Nigerian Customs Service and related parties use the closing foreign exchange rate on the date Form M is opened to assess import duty for goods and services. The rate remains valid until importation and customs clearance are…