Business Hilights

Tracking Nigeria's Headline Business News Online

Nigerian Customs Service

Customs ready to issue vehicle terminal license to operators with N50 million bank bond

Again, the authorities of the Nigerian Customs Service (NCS) has reaffirmed readiness to issue valid Vehicle Bonded Terminal to interested operators who have secured at least a spacious space capable of containing enough number of vehicles and was able to…

Seaports now shadows of themselves due to forex restriction on 41 items—Top Customs Officers

Top officials of Nigerian Customs Service (NCS) servicing in two major seaports, Apapa and Tin Can Island ports have opened up saying since the imposition of forex restrictions on 41 items, activities at the ports have ebbed to the lowest…

Customs expects over N7bn from 3,190 vehicles auctioning seized in 2 years

Considering that within the last two year, the Nigerian Customs Service (NCS) has made car seizure worth N7.75bn, it is likely to rake in about N7bn form vehicles auction as it is not expected to auction bellow market value of…

Customs driving high cost of doing business at ports— Akintola Williams Deloitte

Akintola Williams Deloitte, leading Nigeria accounting and auditing group has released a report on the causes of high cost of doing business at the ports and indicted Nigerian Customs Service (NCS) as the worst culprit. This is coming as the…

Time up for Customs CG, Hameed Ali at Customs House as Senate fumes

The emerging twist in the ordinary invitational meeting from the Nigerian Senate to the Comptroller General of Customs, Col. Hameed Ali (rtd) seems degenerating to bigger issue. This is as the Upper Chambers on Wednesday, declared the embattled Comptroller-General of…

Grimaldi boss, reveals how Customs is driving corruption in vehicles clearance at ports

The Managing Director of Grimaldi Agency Nigeria Limited, Mr. Ascanio Russo has opened up on how the Nigerian Customs Service (NCS) is encouraging diversion of vehicles imports to neighbouring ports, thereby causing the economy to lose money even though a…

Senate Vs. Ali; Time up for Hameed Ali at Nigerian Customs Service?

To avoid a repeat of what apparently happened to the unconfirmed chairman of Economic and financial Crimes Commission (EFCC) at plenary Wednesday, the leadership of the Nigerian Customs Service (NCS) seemed to have halted the resumption of the controversial arrest…

Confusion trails embattled commencement of vehicles duty verification by Customs

The Nigerian Customs Service (NCS), Monday failed to commence its controversial verification of all vehicles in the country aimed as tracking those with fake duty paid documents. The Service had in a circular released early this month, said the Comptroller-General…

Exclusive: Customs CG risks walkout if he appears before Senate on mufti, Wednesday

A Senator of the Federal Republic (name with held), Sunday confided on Business Hilights in a telephone interview that the Comptroller General of Customs, Col. Hameed Ali (rtd) may risk not only walkout but vote of no confidence on his…