Top 7 Things To Know About Customs Agreement With Benin Republic

In a bid to facilitate trade and promote cooperation, the Nigerian Customs Service (NCS) has joined forces with the Benin Republic customs authorities. The...

Nigerians Can Import, Clear Goods Through Cotonou Ports – Customs

Nigerian importers who intend to import goods through Cotonou Ports in Benin Republic can now do so legally. According to a communique issued at the...

Nigeria’s Export To UK Rises By 74% In 12 Months

According to the British Deputy High Commissioner, Jonny Baxter, Nigeria's exports to the United Kingdom (UK) increased by around 74% in one year, from...

Stanbic IBTC Bank Highlights Trade Export, Financing Benefits At Export Capacity Building Programme

Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC  recently participated in an Export Capacity Building Programme for registered exporters organised by...

MAN Trains Exporters On AfCFTA Potential

The Manufacturers Association of Nigeria (MAN) through its Export Promotion Group, has trained Nigerians exporters on how to harness potential in the African Continental...

Customs Make N118bn, Seize N1bn Worth Of Contraband In Port Harcourt

According to the Nigeria Customs Service (NCS), Port Harcourt Area 11, Onne Command, the first half of the fiscal year 2023 produced more over...

Nigeria Spends N7.8trn To Import Food

Despite being touted as the food basket of Africa, Nigeria has spent over N7.8 trillion in the past six years on food import, ThisDay...

FG Suspends Import Adjustment Tax On Selected Vehicles

The federal government has suspended the import adjustment tax (IAT) imposed on certain vehicles. The IAT which was approved by former President Muhammadu Buhari took...

Nigeria Eyes N553bn Unremitted Shipping Taxes

The Federal Government (FG) has said it intends to recover more than Naira 553 billion in unpaid taxes from international oil shipping companies operating...

Ibadan Dry Port Project Will Be Completed Ahead Of Schedule – Makinde

The governor of Oyo state, Seyi Makinde, has stated that the Ibadan dry port project may be completed sooner than projected. According to a statement...

Nigeria Targets N12bn Income From New Vehicle Tax

The N1,000 Proof of Ownership Certificate verification charge that drivers must pay is expected to bring in almost N12 billion for the federal government...

Building Africa’s Ability To Export To China: Standard Bank Showcases African Produce at China-Africa Economic And Trade Expo (CAETE)

Standard Bank Group, the parent company of Stanbic IBTC Holdings PLC and Africa’s largest bank by assets, in collaboration with its equity partner, the...

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