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Customs duty

Business and Economy

Nigeria risks cargo diversion, smuggling over inconsistent customs duty rate

THE Centre for the Promotion of Private Enterprise (CPPE) has said not addressing inconsistencies and volatility in  Customs Duty...
Ehime ALEX -
Business and Economy

Presidential tax reform committee proposes N800/$ as Customs duty rate

THE presidential committee on fiscal policy and tax reforms said it had asked the federal government to adopt an...
Harrison EDEH -
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Business and Economy

Again, Customs raises import duties

DESPITE calls for a fixed rate, the  Nigeria Customs Service (NCS) has again adjusted the foreign exchange (FX) rate...
Harrison EDEH -
Business and Economy

Economists disagree on adopting fixed rate for Customs duty

ECONOMISTS have expressed divergent views on adopting a fixed Customs duty exchange rate following frequent changes in the rate,...
Ehime ALEX -
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Business and Economy

Naira depreciation pushes Customs duty rate by 11% in 2 days

THE latest naira depreciation has resulted in import duty spike as Nigeria Customs Service (NCS) exchange rate for import...
Harrison EDEH -
Business and Economy

CPPE urges CBN to peg customs duty exchange rate at N1000/$ to ease hardship

THE Centre for the Promotion of Private Enterprise (CPPE) has called on the Central Bank of Nigeria (CBN) to...
Ehime ALEX -
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