nigeria customs service

  1. Food Prices Relief: Nigeria Customs Service Eliminates Import Taxes on Essentials

    Nigeria Food Prices Relief: Nigeria Customs Service Eliminates Import Taxes on Essentials

    The Nigeria Customs Service has suspended import duties and taxes on essential food items to ease the burden of rising food prices. This measure, aimed at mitigating the impact of global inflation, is part of the Federal Government's efforts to make food more affordable for Nigerians. The...
  2. Customs Intercepts ₦13.9bn Worth of Arms and Drugs at Onne Port

    Nigeria Customs Intercepts ₦13.9bn Worth of Arms and Drugs at Onne Port

    The Nigeria Customs Service seized a ₦13.9 billion arms and ammunition shipment from Turkey at Onne Port, Rivers State. The confiscated container included 844 rifles and 112,500 rounds of ammunition. Three suspects were arrested, and further investigations are underway to uncover the smuggling...
  3. Shock as Nigeria Customs Deputy Comptroller Collapses and Dies During House of Representatives Hearing

    Nigeria Shock as Nigeria Customs Deputy Comptroller Collapses and Dies During House of Representatives Hearing

    Nigeria Customs Deputy Comptroller Essien Etop Andrew died suddenly during a House of Representatives committee hearing. He collapsed while answering questions and was pronounced dead at the National Assembly clinic. The House has suspended hearings for a week in his honor and pledged to...
  4. Nigeria Customs Service Raises Import Duty FX Rate to N1,474.69 per Dollar

    Nigeria Nigeria Customs Service Raises Import Duty FX Rate to N1,474.69 per Dollar

    The Nigeria Customs Service adjusts import duty FX rate to N1,474.69 per dollar, marking a 23.2% increase from the previous rate. This change, reflected on the government's trade portal, aligns with customs' practice. The Nigeria Customs Service (NCS) has increased the foreign exchange (FX)...
  5. Nigeria Customs Cuts Import Duty FX Rate to N1,480 Per Dollar

    Nigeria Nigeria Customs Cuts Import Duty FX Rate to N1,480 Per Dollar

    Nigeria Customs has reduced the forex rate for import duties to N1,480 per US dollar, down 3.28% from N1,530. The new rate, effective Monday, aims to manage import costs but raises inflation concerns. Experts debate pros and cons amid Nigeria's currency challenges. The Nigeria Customs Service...
  6. Nigeria Customs Service: Cargo Clearance FX Rate Plunges Below Market Prices

    Nigeria Nigeria Customs Service: Cargo Clearance FX Rate Plunges Below Market Prices

    Recent updates from the Nigeria Customs Service (NCS) reveal a surprising development in the foreign exchange market, as the exchange rate for cargo clearance has dropped to N1,164.84/$, falling below both official and parallel market rates. This significant shift, reported by Nairametrics...
  7. Nigeria Customs Service Adjusts FX Rate for Import Duties to N1,147/$, Reflecting 7.3% Decrease

    Nigeria Nigeria Customs Service Adjusts FX Rate for Import Duties to N1,147/$, Reflecting 7.3% Decrease

    Amidst efforts to stabilize the Nigerian economy, the Nigeria Customs Service (NCS) has made a significant adjustment in the foreign exchange (FX) rate for duties, setting it at N1,147.02 per dollar. This marks a notable decrease of 7.3 percent compared to the previous rate of N1,238.1/$...
  8. FIJ's Bukky Shonibare's Police Summon Sparks Press Freedom Concerns on Social Media

    Nigeria FIJ's Bukky Shonibare's Police Summon Sparks Press Freedom Concerns on Social Media

    The police summoning of Bukky Shonibare, chairman of FIJ's Board of Trustees, has sparked outrage and condemnation from various quarters, particularly on social media. Critics argue that the summon appears to be an attempt to suppress investigative journalism rather than address the substantive...
  9. Safety Concerns Rise as APC Member and Six Others Perish in Customs Rice Chaos

    Nigeria Safety Concerns Rise as APC Member and Six Others Perish in Customs Rice Chaos

    In a somber obituary message released on Saturday, the All Progressives Congress (APC) confirmed the heartbreaking loss of one of its members, Comfort Adebanjo, and six other Nigerians who met their untimely demise during a stampede while attempting to purchase seized rice sold by the Nigeria...
  10. Businesses Face Uncertainty as Senate Mulls Customs Revenue Boost to Tackle Debt

    Nigeria Businesses Face Uncertainty as Senate Mulls Customs Revenue Boost to Tackle Debt

    In a bid to address Nigeria's burgeoning debt crisis, the Senate Committee on Customs contemplates raising the revenue target for the Nigeria Customs Service (NCS) in the latter half of 2024. The current target stands at N5 trillion for the fiscal year. Isah Jibrin, Chairman of the Senate...
  11. Nigeria Customs Service Raises Cargo Clearance Exchange Rate by 22.8% to N952/$

    Nigeria Nigeria Customs Service Raises Cargo Clearance Exchange Rate by 22.8% to N952/$

    The Nigeria Customs Service (NCS) has implemented a substantial exchange rate adjustment for cargo clearance, increasing it from N783/$ to N952/$, marking a significant 22.8% rise. This adjustment, visible on the federal government's trade portal, impacts duties imposed on imported cargoes...
  12. Nigeria News

    Metro Nigerian Importers To Start Clearing Goods From Cotonou Ports – Customs

    https://www.channelstv.com/2023/09/13/nigerian-importers-to-start-clearing-goods-from-cotonou-ports-customs/
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    Politics Reps’ panel begins probe of abandoned Customs’ scanners in Apapa port – The Guardian Nigeria News

    https://guardian.ng/news/reps-panel-begins-probe-of-abandoned-customs-scanners-in-apapa-port/
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    Business Onne Customs rakes in N13b – The Nation News

    https://thenationonlineng.net/onne-customs-rakes-in-n13b/
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    Politics e-Customs will revolutionise trade, generate revenue, improve National Security — NCS – Guardian News

    https://guardian.ng/news/e-customs-will-revolutionise-trade-generate-revenue-improve-national-security-ncs/
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    Politics Customs Raise The Alarm Over Smuggling Of COVID-19 Infected Poultry Into Nigeria – Leadership News

    https://leadership.ng/2020/09/15/customs-raise-the-alarm-over-smuggling-of-covid-19-infected-poultry-into-nigeria/
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    Metro Customs make u-turn on Boko Haram alert – Olisa.tv

    https://www.olisa.tv/customs-make-u-turn-on-boko-haram-alert/
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    Politics National security threatened as N 8.4b scanner project stalls – The Guardian Nigeria News

    https://guardian.ng/news/national-security-threatened-as-n-8-4b-scanner-project-stalls/
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    Business Customs rakes N573bn in 5 months, Hameed Ali tells Senate – Vanguard News

    https://www.vanguardngr.com/2020/06/customs-rakes-n573bn-in-5-months-hameed-ali-tells-senate/
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    Business Importers ‘lose N15tr to pandemic’ in Lagos ports – The Guardian Nigeria News

    https://m.guardian.ng/news/importers-lose-n15tr-to-pandemic-in-lagos-ports/
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