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Thursday, September 19, 2024
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IMPORT DUTIES: FG CANCELS  25% PENALTY ON IMPROPERLY IMPORTED VEHICLES

The Nigeria Customs Service (NCS), under the directives of the Honourable Minister of Finance and Coordinating Minister of the Economy, has initiated a 90-day...

FAAC SHARES N 1,152.756 BILLION FEBRUARY 2024 REVENUE TO FG, STATES AND LGCs.

The Federation Account Allocation Committee (FAAC) has shared a total sum of N 1,152.756 billion February 2024 Federation Account Revenue to the Federal Government,...

TRADE FACILITATION:  NEPC PARTNERS NCS  ON OPERATIONALIZATION OF THE DOMESTIC EXPORT WAREHOUSE 

The Nigerian Export Promotion Council NEPC and the Nigerian Customs Service (NCS) have reaffirmed their commitment to provide seamless trade facilitation for exporting companies. This...

FOREX CRISIS:  CBN CLEARS VALID FX TRANSACTIONS TO ELIMINATE LEGACY BACKLOG.

 The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs have now been settled, fulfilling a key pledge of the...

FG TO LAUNCH SUGAR MASTER PLAN PHASE II as INDUSTRY REQUIRES $3.5BN INVESTMENTS 

The Federal Government is set to formally unveil Phase II of the Nigeria Sugar Master Plan (NSMP). This, according to the Executive Secretary of the...

TRADE FACILITATION : CGC ADENIYI RESTATES COMMITMENTS TO ENHANCE TRADE IN KANO

In a bid to rekindle the longstanding partnership between the Nigeria Customs Service and the Kano State Government, the Comptroller-General of Customs, Bashir Adewale...

SON PRESENTS 80 NEWLY APPROVED NIGERIAN INDUSTRIAL STANDARDS FOR COMPRESSED NATURAL GAS ROAD VEHICLES AND RELATED APPLIANCES TO THE PRESIDENTIAL COMPRESSED NATURAL GAS INITIATIVE 

The Standards Organisation of Nigeria (SON), the national apex standards body has officially released 80 approved standards for Compressed Natural Gas (CNG) for road...

ANTI SMUGGLING : NCS SEEKS COOPERATION WITH MAI’ADUA KONGOLOM BORDER COMMUNITIES IN KATSINA STATE .

In an effort to fortify the  relationship between the Nigeria Customs Service (NCS) and border communities,  the Comptroller General of America Bashir Adewale Adeniyi,...

FOOD SECURITY : NCS RETRAITED COMMITMENT TO PROTECT AGRICULTURAL PRODUCE 

The Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adewale Adeniyi has  reiterated the Service's commitment in ensuring national food security in  unwavering dedication...

CBN REPORTS UPSURGE IN DOLLAR INFLOW AS REMITTANCES QUADRUPLE, FOREIGN INVESTORS’ RETURN

 The Central Bank of Nigeria (CBN) reported a significant increase in foreign exchange inflow into the economy in February 2024, with marked increments in...

IMPROPERLY IMPORTED VEHICLES:  NCS APPROVES 90-DAY WINDOW FOR PAYMENT OF DUTY.

In a proactive move to enhance compliance and streamline import processes, the Nigeria Customs Service (NCS), under the directive of the Honourable Minister of...

INVESTORS OVERSUBSCRIBE CBN N1 TRILLION OMO BILLS.

 The Central Bank of Nigeria (CBN), says it's has  concluded a sale of government securities, issuing N1.053 Trillion (US$680 million) in short-term instruments as...

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NSDC, ABUJA CHAMBER OF COMMERCE COLLABORATE ON SUGAR INVESTMENT DRIVE The National Sugar Development Council (NSDC) has commenced discussion with the Abuja Chamber of Commerce...

NNPC LTD RELEASES ESTIMATED PUMP PRICES OF PMS FROM DANGOTE REFINERY.

The NNPC Ltd has released estimated prices of Premium Motor Spirit (PMS), also known as Petrol (obtained from the Dangote Refinery) in its retail...

NSDC  DECLARES 2025 A YEAR OF ACCELERATION FOR SUGAR PROJECT DEVELOPMENT.

The Executive Secretary/CEO of the National Sugar Development Council (NSDC),  Kamar Bakrin, has declared the year 2025 as that of maximum acceleration for sugar...

CIPMN SETS  TO ADVANCE HUMAN CAPITAL COMPONENT.

The Chartered Institute of Project Managers of Nigeria (CIPMN) has reaffirmed its readiness to driving the human capital development aspect of President Bola Tinubu’s...