In recent years, one of the challenges bedeviling Nigerian ports is the issue of overtime cargoes. From Apapa to Tin-Can, and Onne Ports, sights of abandoned and overtime container boxes and vehicles, are conspicuous. In terms of the implication of their presence at our sea ports, overtime cargoes threaten port efficiency through congestion. They also […]
Nigeria Customs and implication of e-auction platform Read More »
The Nigeria Customs Service (NCS), has approved 90-day window for regularizing import duties on specific categories of vehicles. This is contained in a statement signed by National Public Relations Officer, Chief Superintendent of Customs Abdullahi Maiwada on Sunday In Abuja. Maiwada stated,” In a proactive move to enhance compliance and streamline import processes, the Nigeria
The Nigeria Customs Service (NCS) has adjusted the foreign exchange rate for its tariffs and duties. The new rates were reflected on the single window trade portal of the federal government. According to information on the portal, the NCS exchange rate has gone up by 42.5 percent or N404.94 to N1,356.88/$, as of Friday —
Customs adjusts FX rate for collection of duties from N951/$ to N1,356/$ Read More »
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