Nigeria Customs clarifies exchange rates via B’Odogwu platform
Nigeria Customs clarified it uses Central Bank of Nigeria (CBN) official exchange rates for imports/exports, not independently setting rates. The B’Odogwu platform automatically applies CBN-transmitted rates, ensuring transparency and compliance. On February 6, 2026, the official rate was N1,365.56/US$ (not N1,451.63 from trade.gov.ng). NICIS does not provide live data. Traders must use bodogwu.customs.gov.ng for accurate rates.
SOURCE: https://dailypost.ng/2026/02/16/nigeria-customs-clarifies-exchange-rate-application/