Business Hilights

Tracking Nigeria's Headline Business News Online

Nigeria Customs Service

Nigeria Port agencies silent on Coronavirus outbreak precautions?

Maritime stakeholders have raised an issue of urgent national importance saying the level of silence so far maintained by all the federal maritime agencies on the current global health crisis, the Coronavirus pandemic has become worrisome. Some of the Lagos…

Mast colony
ICT

Insecurity imminent as MNOs may shutdown masts close to borders

Indication that the recent ban placed by Nigerian Customs disallowing petroleum product to be delivered to any filling station within 20 kilometers radius to any border area in Nigeria was, otherwise, poorly though out has emerged. Apart from the fact…

Industry

Customs set to issue licenses to new Bonded Vehicles Terminals

In keeping with its new drive to grow ease of doing business and seamless revenue build up, the Nigeria Customs Service (NCS) has given signals of increasing the number of Bonded Vehicles Terminals to ease congestions at ports. Service spokesman,…

Transport

Customs impounds N2.6M prohibited drugs from lndia, China

The Nigeria Customs Service (NCS) on Tuesday said it has intercepted trucks load of smuggled drugs worth N242,688,000. The drugs identified as Tramadol Hydrochoride tablets in the range of 225mg/200 mg were seized along Apapa Road in Lagos. The drugs…

Relief as NASS orders Customs to suspend planned seizure of vehicles without paid duty

The senate, Tuesday passed a resolution mandating the Nigeria Customs Service (NCS) to suspend its policy on seizing vehicles on which duty has not been paid, saying it is retrogressive and indicate dereliction of duties on the side of the…

Customs FOU Zone ‘A’ rakes in over N1.3bn in 2 months

The Nigeria Customs Service (NCS), Federal Operations Unit (FOU), Zone ‘A’ Ikeja, Lagos in the months of January and February 2017 has relied on its anti-smuggling operations intercepted various contrabands and other goods on detention with a duty paid value…