The exchange rate for cargo clearance has dropped to N1593.41/$ from N1612.28/$ recorded last week representing a drop of about N18.87. Last week, the CBN through the customs service increased the exchange rate for cargo clearance by N18.44 to the prior figure. The drop in exchange rate for cargo clearance mirrors the recent strengthening of the naira on the forex market. The naira closed at N1602.75 on the last trading day of last week 15th March 2024 according to data from FMDQ Convergence of official and parallel market rate The…
Read MoreNigerian Customs Exchange Rate For Cargo Clearance Drops To N1593/$
