The exchange rate for cargo clearance has increased from N783/$ to N952/$, as announced by the Federal Government through the Central Bank of Nigeria.

Just three weeks have passed since the rate increase from N757/$ to N783/$.

A 3.4% rise was made to the exchange rate for cargo clearance, which went from N757 to N783 per dollar.

On Thursday, though, our correspondent saw that the Nigeria Customs Service portal now shows the updated rate.

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