Customs adjust FX rate for import duties to N1,147/$

On April 17, the naira appreciated to N1,050 at the parallel
section of the FX market, from the N1,100/$ traded on April 15.

Meanwhile, on April 16, President Bola Tinubu inaugurated
the national single window (NSW) project to boost trade in Nigeria.

NSW is an electronic portal linking all agencies and players
in import and export processes to an integrated platform.

Speaking on the development, Adewale Adeniyi, the
comptroller-general (CG) of Nigeria Customs Service (NCS), said the country is
making progress with consultations on the reopening of the borders with Niger
Republic and Benin Republic.