nigeria customs service

Amidst efforts to stabilize the Nigerian economy, the Nigeria Customs Service (NCS) has made a significant adjustment in the foreign exchange (FX) rate for duties, setting it at N1,147.02 per dollar. This marks a notable decrease of 7.3 percent compared to the previous rate of N1,238.1/$...

The police summoning of Bukky Shonibare, chairman of FIJ's Board of Trustees, has sparked outrage and condemnation from various quarters, particularly on social media. Critics argue that the summon appears to be an attempt to suppress investigative journalism rather than address the substantive...

In a somber obituary message released on Saturday, the All Progressives Congress (APC) confirmed the heartbreaking loss of one of its members, Comfort Adebanjo, and six other Nigerians who met their untimely demise during a stampede while attempting to purchase seized rice sold by the Nigeria...

In a bid to address Nigeria's burgeoning debt crisis, the Senate Committee on Customs contemplates raising the revenue target for the Nigeria Customs Service (NCS) in the latter half of 2024. The current target stands at N5 trillion for the fiscal year. Isah Jibrin, Chairman of the Senate...

The Nigeria Customs Service (NCS) has implemented a substantial exchange rate adjustment for cargo clearance, increasing it from N783/$ to N952/$, marking a significant 22.8% rise. This adjustment, visible on the federal government's trade portal, impacts duties imposed on imported cargoes...