Business Hilights

Tracking Nigeria's Headline Business News Online

Nigeria Customs Service (NCS)

Customs FOU Owerri intercepts contraband worth N99.8m in 4 months

The Nigeria Customs Service (NCS) , Federal Operations Unit (FOU), Zone ‘C’ Owerri having strengthened its anti-smuggling operations intercepted Tramadol and other contraband goods with a duty paid value (DPV) of N99,820,000,00 from April-June 2021. In the Months under review,…

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. …

Nigerian Customs steps up land border surveillance over total closure order

Though one of the initial cases confirmed cases of an American entered Nigeria via land border, the Nigeria Customs Service (NCS) has reassured strict enforcement of the new Executive Order from the Federal Government on total closure of all land…

Customs FOU Zone ‘C’ Owerri hits back at smugglers, impounds wine, bales

Based on round the clock surveillance and intelligence, operatives of the Nigeria Customs Service (NCS) Federal Operations Unit (FOU) Zone ‘C’ Owerri recently  intercepted five trucks transporting five 1×40 containers laden with 5040 cartons of wine and 143 jumbo bales…

Just in: Scientists link Pangolin to Coronavirus as Customs seizes scales valued N10.26b

Barely 24 hours the Nigeria Customs Service (NCS), Zone A, announced seizure of about 147 sacks of pangolin scales weighing 9,504.1kg worth N10.26 billion, the AFP today, Friday, February 7, 2020 Chinese scientists came up with facts suggesting that the…

NOVA Merchant Bank now Duty Collecting bank for Nigeria Customs Service

NOVA Merchant Bank has joined the league of Nigerian banks designated as collecting bank for Import, Excise and other duties by the Nigeria Customs Service (NCS). The new status will among other thing, enable the Bank handle duty payments for…

FOU Ikeja impounds contrabands worth over N67million in one week

The Ag. Controller of the Nigeria Customs Service (NCS), Federal Operations Unit Zone ‘A’, Ikeja, Mr Usman Yahaya has continued to live up to his statutory responsibilities especially in the area of anti-smuggling operations A statement made available by the…

mtn-Nigeria
ICT

Just in: AGF hands off, refers MTN’s alleged revenue indebtedness case to FIRS, NCS

The Federal Government Friday soft-pedalled its earlier hard stand on MTN Nigeria over allegations of revenue indebtedness valued at N242,244,452,215.97 and USD$1,283,610,357.86 as the Chief law officer of the land has recused himself from the matter and referred same to…

Manual cargo examination by Customs worst drawback in a 21st century economy

In as much as issues of port inefficiency are still linked to matters of  poor port access roads, overtime goods and lack of multi-modal transportation, the issue of manual cargo examination by the Nigeria Customs Service (NCS), remains the worst…

Just in: Customs FOU Zone C, Owerri hits smugglers on DPV of N492m in November

The star performance of Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Zone C, Owerri has recorded another feat as the strike force made several seizures with a duty paid value (DPV) of N492m for the month of November 2019….