Business Hilights

Tracking Nigeria's Headline Business News Online

Nigerian Customs Services (NCS)

Masts Telecoms 55
ICT

Dormant BTSs near land borders raise security concerns in Seme, others

Full scale implementation of none delivery of petroleum products to filling stations located within a radius of 20kms to the nation’s land borders have finally crashed telecoms services and signals within Nigerian land borders. A recent visit to Seme, Benin…

Customs’ scannerless seaports structured to feed on corruption—IMF

The International Monetary Fund (IMF), weekend joined thousands of Nigerians and port business operators in condemning the endless assurances by the Nigerian Customs Services (NCS) in providing scanners that will end 100% physical examination of cargoes. Business Hilights recalls that…

Inflationary trend may force FG to open borders sooner than planned

Following its admittance that the border closure regime is responsible for the observed hyper inflationary trend currently rocking the fragile economy, indications are rife that the Federal Government may be left with no other option than to fast track diplomatic…

80% of rice consumed in Nigeria still smuggled form land, creek borders—Investigations

Contrary to claims by the Nigerian Customs Services (NCS) that it has fought rice smuggling to standstill at land borders, investigations have shown that up till now, over 80 per cent of rice consumed in Nigerian cities especially Lagos is…

Why Nigerian exporters are yet to harness AGOA window over the years—NEPC

Participants and mainly officers and men of the Nigerian Customs Services (NCS) who were recently trained on the ABC of documentation procedures on the utilization of the Africa Growth and Opportunity Act (AGOA) have expressed readiness to impact the needed…