FATF removes Nigeria from Grey List, citing major Anti-Money Laundering Reforms
Nigeria has recorded a significant global achievement with its removal from the Financial Action Task Force (FATF) grey list — a development that restores international confidence in the nation’s financial system and underscores President Bola Tinubu’s ongoing economic reform agenda. The FATF, the world’s foremost standard-setting body on combating money laundering and terrorist financing, announced on Friday that Nigeria, alongside South Africa, Mozambique, and Burkina Faso, had been delisted after…
Spotlight
Customs waives 4% FOB Levy for Manufacturers, Airlines, and Healthcare Sector
The Nigeria Customs Service (NCS) has granted strategic exemptions from the 4% Free-on-Board (FOB) levy…
FAAN rolls out cashless payment system at Nigerian Airports
The Federal Airports Authority of Nigeria (FAAN), in collaboration with Paystack, has launched Operation Go…
Apapa Customs to Scan 200 containers per hour with new fixed scanners
The Apapa Customs Command has announced plans to scan up to 200 containers per hour…
FG suspends 4% FOB implementation on imported goods
The Federal Ministry of Finance has ordered the immediate suspension of the 4 per cent…
Burkina Faso removes Visa fees for African travellers
Burkina Faso has announced the removal of visa fees for all African nationals as part…
NPA deploys Electronic Barrier Systems to tackle truck diversions at Lagos ports
The Nigerian Ports Authority (NPA) has rolled out Electronic Barrier Systems (EBS) across all terminals…
Over 60 containers fall from ship at Long Beach Port, USA
A major container collapse occurred Tuesday morning at Pier G in the Port of Long…
Nigeria Customs approves Duty-Free Imports under $300 effective September 8
The Nigeria Customs Service (NCS) will begin implementing a new De Minimis policy on Monday,…
Import & Export
Import & Export
Exclusives
V-Channel
More News
FATF removes Nigeria from Grey List, citing major Anti-Money Laundering Reforms
Nigeria has recorded a significant global achievement with its removal from the Financial Action Task Force (FATF) grey list —…
NIMASA hosts Naval Officers from 20 countries for Maritime Security Knowledge Exchange
Naval officers from 20 countries across the world, currently participating in the Siren Course onboard the LHD TONNERRE, have visited…
Nigeria Customs Officer completes historic 72-day solo ride to Belgium
A senior officer of the Nigeria Customs Service (NCS), Assistant Comptroller Akpevwe Ogboru, has achieved a remarkable feat by completing…
Customs, FIRS, NUPRC to continue deducting cost of collection, says FG
The Federal Government has reaffirmed that there is no change in policy regarding the deduction of collection costs by key…
NPA sets 48-month timeline for $1bn reconstruction of Nigeria’s major ports
The Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has announced that President Bola Tinubu has approved…
China retains grip on Nigeria’s imports as Spain becomes top export market in Q2 2025
Nigeria’s international trade continued to expand in the second quarter of 2025, reaching a total value of ₦38.04 trillion, according…
US releases guidelines for new fees on China-linked vessels
The U.S. Customs and Border Protection (CBP) has issued detailed guidance on the implementation of new port fees targeting China-linked…
Customs, NCC partners to intensify checks on imported mobile phones and smart devices
The Comptroller-General of Customs (CGC), Adewale Adeniyi, has pledged deeper collaboration with the Nigerian Communications Commission (NCC) to enhance revenue…
Full list of 29 Schengen countries offering 5-Year Multiple-Entry Visas to Nigerians
A five-year multiple-entry Schengen visa allows travellers to visit any of the 29 Schengen countries repeatedly over five years, as…
Navy advocates homegrown innovation to drive maritime defence capabilities
The Chief of Naval Staff, Vice Admiral Emmanuel Ogalla, has urged Nigeria’s Armed Forces to embrace homegrown technology and innovation…
Gold Star’s LNG-Powered MV Sapphire makes first call at APM Terminals
The Lagos Port Complex, Apapa, recorded a historic milestone on Monday as Gold Star Line’s first liquefied natural gas (LNG)-powered…
IMO Secretary-General visits Nigeria, commends progress in Maritime Security and Blue Economy
The Secretary-General of the International Maritime Organization (IMO), Arsenio Domínguez, has commended Nigeria’s outstanding achievements in maritime security, particularly its…
UAE introduces four new visit visas and revises entry permit rules
The United Arab Emirates (UAE) has unveiled significant updates to its visa and residency framework, launching new visit visa categories…
Customs unveils One-Stop-Shop to cut cargo clearance time to 48 Hours
New law imposes N5m fine, jail term for agents who flout rules
Customs waives 4% FOB Levy for Manufacturers, Airlines, and Healthcare Sector
The Nigeria Customs Service (NCS) has granted strategic exemptions from the 4% Free-on-Board (FOB) levy to key economic players, including…
