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Emefile

Nigeria’s monthly import bill drops from $665.4m

The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, says the various initiatives aimed at encouraging domestic production has led to a drop in Nigeria’s...

Fish farmers seek ban on tilapia import

Fish farmers seek ban on Tilapia import

The Tilapia and Aquaculture Developers Association of Nigeria (TADAN) has condemned the exemption of Tilapia, a farmed fish species, from the Federal Government’s...

SON arrests two Chinese for importing N5bn fake tyres

Fake tyre import: Trial judge questions competence of SON counsel

Justice Mojisola Olatoregun of a Federal High Court, Lagos has described as incompetent the prosecution of two Chinese nationals by the Standard Organisation of Nigeria...

Expert tasks FG on import, export reforms

A maritime expert and President, National Council of Managing Directors of Licensed Customs Agents (NCMDLCA), Lucky Amiwero, has urged the Federal Government to urgently...

Turkey and sudan

Sudan signs $2bn loan with Turkish firm to import petroleum products

Sudan’s central bank has signed a $2 billion loan deal with a Turkish company to import petroleum products and wheat. The deal also include includes the provision of...

Turkey and sudan

Sudan signs $2bn loan with Turkish firm to import petroleum products

Sudan’s central bank has signed a $2 billion loan deal with a Turkish company to import petroleum products and wheat. The deal also include includes the provision of...

EU demands €2.7bn from Britain over China import scam

EU demands €2.7bn from Britain over China import scam

The European Union launched legal action against Britain on Thursday to recover €2.7 billion ($3.3 billion) in lost customs duties after London allegedly ignored a...

Buhari accuses predecessors of fertilizer diversion

We won’t depend on import again, says President

President Muhammadu Buhari has said the country must never return to the dark days of import dependence. He spoke when he received members of the Presidential Fertiliser...

trade deficit

Nigeria’s trade import drops 8.5% in 2017

By Patience Danjuma  The National Bureau of Statistics (NBS) has reported a drop of 8.5% in Nigeria’s total imports for 2017. In a report posted on its website...

Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru

NNPC to import 100m litres of fuel daily

By Omotilewa Quadri The Nigerian National Petroleum Corporation (NNPC) on Thursday announced that it would bring in two cargoes of petrol per day for the rest of this...

michael-ikechukwu-leonard

Nigerian jailed 18 years in Vietnam for import scam

By Jite Eriabie  A Southern Vietnam court has sentenced a Nigerian to 18 years in prison over a fake Customs enforcement scam where he worked with a trio of local...

Aliko Dangote

FG to grant Dangote, others sugar import quota 

The federal government will soon release new sugar import quota for Dangote, BUA and other sugar refineries involved in Backward Integration Programme in the sugar...