Economy
CBN introduces FX price verification system portal for importers
The Central Bank of Nigeria (CBN) has introduced a foreign exchange (FX) price verification system (PVS) portal to enable importers to access forex. The CBN, in a statement signed by…
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EAC unveils the first regional e-Tariff software in Africa
The East African Community, in partnership with the World Customs Organization and the EU-WCO HS-Africa…
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FG introduces new taxes on beer, imported vehicles, and plastics (2023 FPM and Tariff Amendments)
Going forward, the five percent tax will apply to mobile telephone services (GSM), fixed telephone, and internet services- postpaid and…
Breaking News : Seme Customs Command seizes fake $6million, equivalent to N2.7bn
The newly posted Customs Area Controller (CAC) of Seme Customs Command, Compt. Dera Nnadi has kicked off the fight against…
MMIA Lagos Customs Command records N20 Billion in 2022
January 20, (THE PORTWAY) — The Murtala Muhammed International Airport, MMIA Command Ikeja, Lagos of the Nigeria Customs Service has…
Apapa Customs Command raked in over N1 trillion in 2022
January 12, (THE PORTWAY) — The Nigeria Customs Service, Apapa Command, has disclosed that it collected the sum of One…
FG launches Portal to promote Trade Reforms
The Nigerian government through the Federal Ministry of Industry, Trade and Investment, on Monday, launched the Nigeria Trade Information Portal…
Buhari unveils new naira currency notes
President Muhammadu Buhari has unveiled the new currency notes on Wednesday morning before the federal executive council (FEC) meeting at…
$1.5 billion Lekki Deep Seaport Construction now completed
The Chairman of the Lekki Port Board of Directors, Mr. Biodun Dabiri on Monday confirmed the completion of the $1.5…
6 ships laden with Petrol, bulk sugar, others waiting to berth at Lagos Ports
The Nigerian Ports Authority (NPA) on Monday said six ships laden with petrol, bulk sugar and soya bean meal have…