Business Hilights

Tracking Nigeria's Headline Business News Online

Col. Hameed Ali (rtd)

NIMASA, Customs to Check Temporary Import Permit Abuse

The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigeria Customs Service (NCS) have agreed to join forces to close loopholes in the Temporary Importation Permit (TIP) system that importers often exploit to avoid levies due to the government. …

Customs N11bn daily means dying manufacturing not due to border closure—Amiwero

President, National Council of Managing Directors of Licensed Customs Agents (NCMDLCA), Lucky Amiwero has raised an issue of urgent national importance bordering the recent claims made by the leadership of the Nigerian Customs Service (NCS). Recall that last week, the…

Just in: Customs CG, officials’ risk 6 months jail over recruitment terms contrary to law

Barely 12 hours after the take off of online recruitment by the Nigerian Customs Service (NCS), confusion is set to engulf some terms and conditions attached by the agency for eligibility. The aspect of the terms and conditions which clearly…

Customs mute on figure of businesses so far facilitated, noisy on revenue, seizures

The Nigeria Customs Service (NCS) recently told Nigerians that it generated N1.1tn revenue and seized contraband goods worth more than N40bn between January and November, saying the total (year-on-year), is greater than the sum generated in 2017. However, an international…

Efficiency: Minus for Ali’s reforms as W’Bank ranks Nigeria Customs among 15 lowest

Contrary to preliminary speculations in the presidency and others that the break in rank applied in abandoning the traditional system of appointing Comptroller General of Customs from the system to an external person will end corruption and shore up efficiency,…