Customs duty

Presidential tax reform committee proposes N800/$ as Customs duty rate

THE presidential committee on fiscal policy and tax reforms said it had asked the federal government to adopt an...

Again, Customs raises import duties

DESPITE calls for a fixed rate, the  Nigeria Customs Service (NCS) has again adjusted the foreign exchange (FX) rate...
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Economists disagree on adopting fixed rate for Customs duty

ECONOMISTS have expressed divergent views on adopting a fixed Customs duty exchange rate following frequent changes in the rate,...

Naira depreciation pushes Customs duty rate by 11% in 2 days

THE latest naira depreciation has resulted in import duty spike as Nigeria Customs Service (NCS) exchange rate for import...
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CPPE urges CBN to peg customs duty exchange rate at N1000/$ to ease hardship

THE Centre for the Promotion of Private Enterprise (CPPE) has called on the Central Bank of Nigeria (CBN) to...

CBN reviews FX rates on import duty amid increasing commodity prices

THE Central Bank of Nigeria (CBN) has reviewed the formula for fixing foreign exchange (FX) rates for Customs duty...
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