Nigeria Customs Service

Hopes for cheaper medicine as FG begins 2-year import duty waiver on pharmaceutical raw materials

The Nigeria Customs Service (NCS) has finally begun the implementation of the President's Executive Order on the importation of pharmaceutical raw materials.

Importers to pay less as CBN reduce customs rate to clear goods as naira appreciates against dollar

The Central Bank of Nigeria (CBN) has decided to reduce the Customs exchange rate for cargo clearance at Nigeria's ports as the naira improves against the US dollar.

Maritime workers to earn N200,000 as minimum wage after deal with shipping firms

The Maritime Workers Union have announced that the shipping companies have agreed to pay N200,000 as minimum wage after intervention by the Nigerian government.

Nigeria Customs hands over $578,000, suspect to EFCC over false declaration

Nigeria Customs seizes $578,000 in undeclared cash at MMIA, hands suspect to EFCC for investigation. Authorities warn against financial declaration violations.

CBN reviews Customs exchange rates for cargo clearance as Naira crashes in all markets

The Central Bank of Nigeria (CBN) has reviewed the Customs foreign exchange rate for cargo clearance at Nigeria's ports as the naira depreciated in all markets.

CBN raises customs duty exchange rate as Naira depreciates further against US dollar

The Central Bank of Nigeria has decided to increase the exchange rate to clear goods at the ports and also airports as Nigerian currency depreciates.

CBN changes dollar rate for customs duty as naira depreciates again

The Central Bank of Nigeria (CBN) has reduced the foreign exchange rates for cargo clearance at Nigeria's ports despite the depreciation against naira.

Over 2000 bags of rice, others valued at N486m seized in anti-smuggling operations in one month

The anti-smuggling operations in these two states have led to the crackdown of different smuggling operations, with goods valued at N486 million seized.

CBN makes changes to Customs exchange rate to clear goods at ports as naira depreciates

The Central Bank of Nigeria (CBN) made adjustments to the foreign exchange rates for cargo clearance at Nigeria's ports, increasing it again as naira depreciates.