Bonded car terminals will boost import, employment rate

The Deputy Comptroller-General of Customs on Tariff and Trade, Umar Abubakar, says the establishment of bonded…

NNPC to import more petrol

The Nigerian National Petroleum Corporation (NNPC) has announced plans to increase the February supply of petrol…

Nigeria releases import prohibition list, says no hike in import duty on food, luxury goods 

The Federal Ministry of Finance has reissued Nigeria’s import prohibition list. Items banned from being imported…

Africa needs $110bn to import food by 2025 – IITA boss

Except Africa takes agriculture seriously, the continent may need about $110bn to import food by 2025, up from the…

Fuel import consumes 30% of Nigeria’s forex – Adeosun

The Minister of Finance, Mrs Kemi Adeosun, on Friday said that 30 per cent of the…

BIMCO: UK seaborne coal import down by 64% 

The main exporters of thermal coal for coal-fired power plants to the United Kingdom have experienced…

Again, Customs removes rice from import restriction list at land borders

For the second time in a year, the Comptroller-General of Customs, Hameed Ali, has ordered the…

Report exposes how N215bn import waiver was disbursed in 4 years, mostly during night visits to Jonathan

A total N215 billion in import duty exemptions was granted in four years, between 2011 and…

Agents close shop as import volume thins down

By Foster Obi As cargo volume at the ports continues on the downward slide, clearing agents badly hit…

Import exchange rate increase: port users criticise strike action

While some clearing agents are beating the drums of war and threatening to shut down the…

Nigeria spends $11billion to import 4 commodities annually

Nigeria spends $11billion (N3.1trillion) annually to import wheat, rice, sugar and fish, the Lagos State Government…