Wednesday, March 12, 2025

Business

SIFAX unveils ultra modern warehouse for export Services

SIFAX Shipping has unveiled a state-of-the-art warehouse where consignment stuffing and loading will take place in preparation for the launch of the Less than...

Customs duty exchange rate drops to ₦1,364/$

The Central Bank of Nigeria (CBN) has adjusted the import duty exchange rate lower from ₦1,405/$ to ₦1,364/$, even as the Naira has continued...
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Nigeria Customs Service partners EU to facilitate trade and monitor exports

The Nigeria Customs Service (NCS) has partnered with the European Union's (EU) Directorate General Taxation and Customs Union (DG...

Customs deactivates defaulting dealer banks over non-remittance of duty, charges

The Nigeria Customs Service (NCS) has deactivated some authorised dealer banks over failure to meet Service-Level Agreements (SLAs) related...

CMA CGM could overtake Maersk as World’s second largest container line

Maersk’s position as the world’s second largest shipping company may be threatened by CMA CGM, a French competitor which...

AfCFTA: NQC counsels Nigeria to boost cassava potentials for export

In view of the implementation of the African Continental Free Trade Area Agreement (AfCFTA), the Chairman/Chief Executive, National Quality...

India considers banning exports of all non-Basmati rice

The World's biggest rice shipper, India is considering possible ban on exports of all non-Basmati rice, following the rising...

GTBank’s new app design leaves customers stranded

"We can't wait to share what we've have been working on with you," was the exact words of Guaranty...