Business Hilights

Tracking Nigeria's Headline Business News Online

NCS

Wait until court rules on e-auction suit before you start, NAA warns Customs

Indications have emerged that the planned resumption of e-auction of seized and condemned goods from July 1, this year by the Nigerian Customs Service (NCS) may amount to contempt of court, contrary to Rule of Law and blatant abuse of…

Industry

NPA, Customs join forces to speed up Executive Order in Nigerian Ports

The combined authorities of the Nigerian Ports Authority (NPA) and Nigerian Customs Service (NCS) on Wednesday in Apapa sealed a new pact to drive the Executive Order issued by the Acting President on ease of doing business as it concerns…

Customs impounds arms
ICT

Customs plans online auction of seizures, makes tax clearance key condition

The leadership of Nigerian Customs Service (NCS) has changed its traditional model of auctioning seizures, saying the planned next round of auctioning will be driven online. Added to the new auctioning model, the Service said in a statement that “Only…

Customs hands over seized 661 pump action rifles to DSS

The Nigeria Customs Service has handed over the 661 pump action rifles seized on Sunday 22rd January 2017 by the Roving Team of the Federal Operations Unit Zone A Ikeja to the Department of State Security for further investigation. Business…

Customs shifts blames of clearing 20 containers of fake tyres at port to SON

Following the swooping on 20 containers carrying hundreds of fake tyres in Lagos recently, fresh controversy seemed to have erupted between the authorities of the Nigeria Customs Service (NCS) and Standard Organization of Nigeria (SON), thus reechoing the rivalry of…

Confusion as Customs gives 30-day for clearance confirmation of all vehicles in Nigeria

At a time Nigerians and mainly car dealers are calling for grace period for cars trapped at the border posts on the dot of the ban on imports via land borders valued at over N200bn, the Comptroller-General of Customs, Col….

Ali had not made any difference in fighting corruption since takeover as Customs CG—Sagay

Chairman of the Presidential Advisory Committee Against Corruption (PACAC), Professor Itse Sagay SAN, has ambushed the Comptroller general of Nigerian Customs Service (NCS), revealing that he has not made any single difference in fighting corruption in the Service since assuming…

Lifting ban on 41 items can realize Customs N1.1tn revenue targets in 2017–Expert

Shipping expert, Chief Dominic Ugwumba has called on the authorities of the Nigerian Customs Service (NCS) to rethink the current ban placed on 41 items against access to forex so as to speed up importation and massive manufacturing activities of…