Business Hilights

Tracking Nigeria's Headline Business News Online

Nigeria Customs Service (NCS)

Tin Can Customs rakes in N130bn in 6 months, says feat within target range

The Nigeria Customs Service (NCS), Tin-Can Island Command, Lagos, has generated N130 billion between January and June, 2017 and noted that the haul is within the range of half year target. In a telephone interview, the Public Relations Officer of…

Customs signing MoU with RIFAN, an indictment on their job, CG—Nigerians

The recent Memorandum of Understanding (MoU) to stop rice smuggling through land border into the country between Nigeria Customs Service (NCS) and the Rice Farmers Association of Nigeria (RIFAN) has attracted serious criticisms from Nigerians. Majority of citizens who spoke…

Customs FOU Ikeja arrests 10 suspects, seizes 384 parcels of hard drugs

The Federal Operations Unit (FOU), Zone ‘A’, of the Nigeria Customs Service (NCS), Ikeja has arrested 10 suspected smugglers and seized 384 parcels of hard drugs. The illegal traders who were apprehended along Iyana-Ipaja road, concealed the items in six…

Customs hits gold in Q1 revenue, rakes in N239.4bn to exceed target by N46.2bn

At a time the federal government is decrying drop in revenue to fund the 2017 budget, released financial inflows have continued to look up against 2016 hauls and even set quarterly targets. A document from the Federal Ministry of Finance…

Beware! Influx of contaminated, expired rice coming from Cotonou—Customs warns

The Customs Area Controller of the Oyo-Osun Command of the Nigeria Customs Service (NCS), Udo-Aka Emmanuel has raised alarm of the influx of contaminated repackaged bags of rice from Benin Republic into the Nigerian market. He alleged that rice smugglers…

Customs WMC intercepts N11.6million petroleum product from creeks

In line with renewed marine surveillance, the Western Marine Command (WMC), of the Nigeria Customs Service (NCS), has intercepted 66 jerry-cans of petroleum products smuggled through the creeks. Within the period under review, the Command also recorded massive seizures of…

Uzodinmma’s Committee bumps on more leakages, widens Customs’s N30t probe

The end of the ongoing probe over alleged N30 trillion revenue leakages in the Nigeria Customs Service (NCS) may not come so soon following fresh intelligence on infractions in Customs revenue and import regime. Rising from a smart “Point of…

Ease of doing business looking good as PEBEC cuts Customs clearing rules, CAC hassles

More bites are now given to the ongoing crusade by the federal government to reduce the challenges in doing business in Nigeria following the reforms announced by the Presidential Enabling Business Environment Council (PEBEC) in Abuja. Lead in the reforms…