The Central Bank of Nigeria (CBN) has directed the Nigerian Customs Service (NCS) and other related parties to adopt the same foreign exchange rate from the importation of goods and services on its clearance. The apex bank gave the directive in a memo dated February 23, 2024 with a reference number: TED/FEM/PUB/FPC/001/007 and signed by its Director, Trade and Exchange Department, Dr. Hassan Mahmud.
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