Maritime

Nigeria Customs Denies Import Duty Increase, Attributes Adjustments to New FX Rate

The Nigeria Customs Service clarified that it hasn't increased import duties but adjusted rates in line with the new foreign exchange rate set by...

Tin-Can Customs Command Sets Ambitious N1.13 Trillion Revenue Target for 2024

Tin-Can Command of Nigeria Customs sets an ambitious revenue target of N1.13 trillion, constituting 27% of the national goal. The Customs Area Controller, Comptroller Dera...

Nigeria Customs Seizes Bullion Van Loaded with Smuggled Rice, Recovers N24.5 Million

The Ogun Area Command II of the Nigeria Customs Service (NCS) has intercepted a bullion van loaded with 12 bags of 50kg smuggled foreign...

High Exchange Rate Leads to 65% Decrease in Cargo Imports at Seaports

Over the past two weeks, the volume of imports at Nigeria’s seaports has significantly declined, falling to 65%. According to reliable sources, this downturn...

Governor Sanwo-Olu Urges Focus on Blue Economy Development

Lagos State Governor, Mr. Babajide Sanwo-Olu, has emphasized the importance of developing the blue economy in Nigeria. During a courtesy visit by the Senate...

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