Nigeria Customs Service Extends Aircraft Import Duty Verification to Nov. 2024

  The Nigeria Customs Service (NCS) has announced an extension of its verification exercise aimed at…

CBN pegs import duty exchange rate on Form M opening

  The Central Bank of Nigeria (CBN) has advised the Nigeria Customs Service (NCS) to adopt…

Peter Obi kicks as Customs raises import duty exchange rate again

  The Nigeria Customs Service (NCS) and Central Bank of Nigeria (CBN) have again raised the…

It is detrimental to the masses — Stakeholders blast Customs, CBN over 48% hike in import duty

  Stakeholders in the maritime and organised private sectors have lambasted the Nigeria Customs Service (NCS)…

More trouble for Nigerians as CBN raises import duty rate to N1,423/$ 

  Barely 24 hours after it increased the Customs exchange rate to N1,356.883 per dollar on…

17 private jet owners sue Customs over N30bn import duty

  Seventeen owners of foreign-registered private jets, comprising top business moguls, leading commercial banks and other…

Court fines Customs N5m for imposing import duty on personal effects

The Federal High Court in Abuja on Wednesday ordered the Nigeria Customs Service (NCS) to pay…

Customs slashes import duty on vehicles to 20%

The Nigeria Customs Service has confirmed the reduction of import duty on vehicles from 35 percent…

EXCLUSIVE: Customs bars Ecobank from import duty collection 

  The Nigeria Customs Service (NCS) has suspended Ecobank Plc from its Nigeria Integrated Customs Information…

Customs introduces mobile app for verification of import duty 

  The Nigeria Customs Service (NCS), on Thursday, said it was set to introduce a webb…

FG abolishes import duty on vessels acquired by Nigerians 

  The Federal Government has abolished the payment of import duty on vessels acquired by Nigerians.…

Ministries, agencies must pay import duty on vehicles, Customs insists 

  The Nigeria Customs Service (NCS), on Friday, raised the alarm that certain Ministries, Departments and…