Economy

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 —…

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, 8 September 2025, allowing duty-free…

Apapa Customs records ₦215bn in August despite glitches on ‘B’Odogwu’ Platform

The Apapa Command of the Nigeria Customs Service (NCS) has reported a revenue collection of ₦215 billion for August 2025…

Tinubu directs Finance Ministry to review revenue deductions by Customs, FIRS, NNPC, NUPRC

President Bola Tinubu has directed the Ministry of Finance to reassess all deductions and revenue retention arrangements by major revenue-generating…

Customs, FIRS, and National Single Window Secretariat strengthen partnership on Trade Facilitation Project

The Nigeria Customs Service (NCS) is ramping up efforts to support the Federal Government’s trade reform agenda by enhancing collaboration…

Tinubu sets Q1 2026 target for National Single Window Rollout

President Bola Tinubu has directed the National Single Window (NSW) Steering Committee to ensure that the trade facilitation platform is…

Nigeria’s 2025 New Tax Laws: Major Reforms and Key Changes

On Thursday, 26 June 2025, President Bola Ahmed Tinubu, GCFR, signed into law the long-awaited Tax Reform Bills, marking a…

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GTBank resumes international foreign transactions Naira Mastercard