customs duty

  1. Tokunbo Cars in Nigeria: New Customs Duty Rates for 2026 Make Imports More Expensive

    Nigeria Tokunbo Cars in Nigeria: New Customs Duty Rates for 2026 Make Imports More Expensive

    The Digest: New Customs duty rates for 2026 have significantly increased the cost of importing Tokunbo (used) vehicles into Nigeria. Importers now face total statutory charges of 42% to 45% of a vehicle's CIF value, comprising 20% import duty, 15% NAC levy (for used cars), and 7.5% VAT. A new...
    • Nigeria News
    • Article
    • 1 min read
    • customs duty import tariff tokunbo cars
    • Category: Business
  2. NIPOST: Nigerians to Pay $80 Duty Per Package Sent to US

    Nigeria NIPOST: Nigerians to Pay $80 Duty Per Package Sent to US

    The Digest: The Nigerian Postal Service (NIPOST) has announced a new $80 prepaid customs duty for every package sent to the US. This new fee, which can be seen as the Cost of Connection, is a result of a recent US Executive Order that impacts all postal shipments worldwide. Key Points...
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