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Business

See CBN new Customs dollar rate to clear goods at ports

The Nigeria Customs Service has once again set a new duty rate for clearing imported goods at Nigerian portsThe new rates reflect the current...
Business

See Customs' new exchange rate to clear goods at ports as Naira falls

The CBN has announced new custom duty rates for importers to clear goods at the nation's portsThe latest rates will come as another significant...
Business

Exchange rate fluctuation disrupted activities, Customs laments, rakes in ₦1.3trn revenue in Q1’24

The Nigeria Customs Service (NCS) has bemoaned the fluctuation in the exchange rate regime which it said affected and disrupted its activities.The Comptroller General...
Business

Why FG removed 25% penalty for improperly imported vehicles

The Nigerian government has removed the 25% penalty imposed on improperly imported vehicles The Nigeria Customs Service stated that the government also approved a...
Business

See new CBN's customs exchange rate for cargo clearance at the ports

The CBN has decided to slash the naira-to-dollar exchange rate for calculating Nigeria customs dutyCustoms has already begun implementation of the new rates, which...
News

Nigeria Customs Service Champions Authorised Economic Operators Pilot Program To Enhance Trade

The Nigeria Customs Service (NCS) has championed an Authorised Economic Operators (AEO) program to enhance the efficiency and predictability of trade facilitation efforts in...
News

Breaking: Details emerge as Customs suspends sale of seized food Items

The sale of seized food items by the Nigeria Customs Service (NCS) has been suspended over stampedeThe NCS spokesman, Abdullahi Maiwada, disclosed this in...
News

Customs Suspend Sales Of 25kg Rice Over Deaths Of APC Women Leader, Others In Lagos

The Nigeria Customs Service (NCS) has temporarily suspended the distribution and sales of the 25 kilograms of rice, recently launched to improve the food...
Politics

BREAKING: APC chieftain dies while trying to buy cheap rice from Customs in Lagos

Amid worsening hardship, the Nigeria Customs Service (NCS) started selling rice to citizens at a cheaper rateFollowing the development, many Nigerians have besieged Customs...
Business

CBN directs Customs to adopt new Forex rate approach to clearing goods

The CBN has advised the Nigeria Customs Service to apply the closing foreign exchange rate in the official window for import duty calculations.This came...
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