Economy

Customs partners with FAAC to enhance revenue generation, trade facilitation

The Comptroller-General of the Nigeria Customs Service (NCS), Adewale Adeniyi, is set to collaborate with the Federation Account Allocation Committee…

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

The new rate is effective as of today March 28, 2024 on the Customs portal.

Customs release 15 trucks of seized food items to owners

The development is in line with the directive from President Bola Ahmed Tinubu.

Customs Apapa Command rakes in N16bn in one day

The figure surpasses the N11.3 billion earned on November 22, 2023, and is the greatest daily revenue collection in the…

Customs temporarily suspends food disposal initiative

The temporary suspension was due to the stampede that ensued during the exercise where some fatalities and injuries were regrettably…

Food Shortage: Nigeria Customs to distribute food items to the masses

To alleviate the hardships faced by Nigerians and improve access to essential food items, the Nigeria Customs Service will facilitate…

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…

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GTBank resumes international foreign transactions Naira Mastercard