Business

FedEx to ground more planes as demand weakens

Express giant and American multinational conglomerate, FedEx will be grounding more of its aircrafts after both revenues and operating income…

Kenya signs trade deal with EU to safeguard exports

Kenya and the European Union (EU) on Monday signed an Economic Partnership Agreement that will ensure agriculture products have duty-free…

FIRS Public Notice on Enactment of Finance Act, 2023

The Finance Act 2023 (the “Act”) was signed into law on 28 May 2023 by former President, Muhammadu Buhari, GCFR.…

Cameroon bans Cocoa exports to Nigeria

Cameroon has banned the export of its cocoa to Nigeria. The Minister of Trade, Luc Magloire Mbarga Atangana, made the…

Tinubu economic advisers recommend Customs, NIMASA, FIRS merger

President Bola Ahmed Tinubu's economic advisers have proposed the merger of the Federal Inland Revenue Service (FIRS), Nigeria Customs Service…

Nigeria to begin trading under AfCFTA August 2023   

There are strong indications that Nigeria will join the elite list of nations that have already started trading activities under…

Customs Sensitises Stakeholders on New Excise Duty Rates for Single-Use Plastics, Others

The Lagos Industrial Command of the Nigeria Customs Service (NCS) hosted excise traders to sensitise them on the implementation process…

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GTBank resumes international foreign transactions Naira Mastercard