Nigeria Customs Service Clarifies Forex Rate, Disowns ₦1,451/$1 Figure
The Nigeria Customs Service (NCS) has clarified the process through which foreign exchange rates are applied in import and export valuation, distancing itself from the reported ₦1,451.63 per dollar figure circulated for February 6, 2026. In a statement issued by its National Public Relations Officer, Abdullahi Maiwada, the Service explained that it neither determines nor…
