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NEWS EXPRESS is Nigeria’s leading online newspaper. Published by Africa’s international award-winning journalist, Mr. Isaac Umunna, NEWS EXPRESS is Nigeria’s first truly professional online daily newspaper. It is published from Lagos, Nigeria’s economic and media hub, and has a provision for occasional special print editions. Thanks to our vast network of sources and dedicated team of professional journalists and contributors spread across Nigeria and overseas, NEWS EXPRESS has become synonymous with newsbreaks and exclusive stories from around the world.
There was palpable confusion at the Lagos Ports on Monday as the Nigerian Customs Service (NCS) began the implementation of the new Central Bank of Nigeria (CBN) exchange rate of N326 per Dollar for Customs transactions, which hitherto stood at N306 per Dollar.
Findings by the Tribune Online on Monday showed that the NCS has already commenced implementation of the new exchange rate with immediate effect. Customs sources confirmed that the valuation department of Customs at all commands has equally adjusted the exchange rate on their electronic systems.
Speaking with newsmen, Public Relations Officer of the Association of Nigeria Licensed Customs Agents (ANLCA) at Tin Can Island Port, Mr. Emmanuel Onyeme also confirmed that all transactions and cargoes that were cleared at the port today (Monday) were already paying N326 per dollar. (Nigerian Tribune)
