Customs

Business and Economy

Constant increase in Customs target compromising trade facilitation, experts warn

ECONOMISTS say that the Nigerian lawmakers' constant increase in revenue targets causes issues for the Nigerian Customs Service (NCS),...
Harrison EDEH -
Business and Economy

Nigeria loses $4m World Bank loan over audit failures in Customs, FIRS

The Federal Government is expected to lose $4 million from a World Bank loan after failing to meet auditing...
Harrison EDEH -
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Crime

EFCC warns against false cash declarations, probes passenger with $578,000

THE Economic and Financial Crimes Commission (EFCC) has cautioned Nigerians against making false cash declarations, warning that such actions...
Nurudeen AKEWUSHOLA -
Manufacturing

Manufacturers call for 4% Customs levy suspension

THE Manufacturers Association of Nigeria (MAN) has called for the suspension of the implementation of a 4 per cent...
Harrison EDEH -
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Business and Economy

FG releases duty waiver guidelines on maize, wheat, millet others

THE Federal Government, through the Nigeria Customs Service (NCS), is set to commence implementation of the zero import duty...
Harrison EDEH -
Business and Economy

Manufacturers kick as customs duty spikes above official FX market rate

NIGERIA manufacturers are kicking against the constant rise in customs duty above the official foreign exchange (FX) rate figure,...
Harrison EDEH -
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