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Buhari: Why Nigeria, other developing countries are no longer powerful in OPEC

Buhari asks CBN to blacklist palm oil importers 

President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to blacklist any firm, its owner and top management caught smuggling or dumping palm oil into...

Hameed Ali

Importers, agents to pay more as Customs raises duty exchange rate to N326/$

The Nigeria Customs Service has increased import duty rate from N306 to N326 per dollar following a new foreign exchange policy by the Central Bank of Nigeria (CBN)....

Amaechi: Lagos-Ibadan rail’ll ready in June

Amaechi: We can’t force importers to use ports outside Lagos 

The Minister of Transportation, Rotimi Amaechi, on Tuesday explained why importers prefer to use the seaports in Lagos and shun the ones in Port Harcourt, Calabar and...

Audu Ogbeh

Importers wrecking Nigeria’s economy, says Ogbeh

Nigeria’s Minister of Agriculture, Audu Ogbeh, has explained how importers are wrecking the Nigerian economy. Ogbeh said importers were the greatest wreckers of...

Customs-Intercepts-661-Pump-Action-Rifles-In-Lagos-

Alleged importers of 661 pump-action rifle importers to begin defence April 4

The five men charged with illegally importing 661 pump-action rifles into Nigeria will open their defence on April 6, 2019 after the Nigerian Government on closed its...

Customs collects N140.4bn revenue in August

Trade malpractices: All importers, clearing agents are suspects — Customs 

The Nigeria Customs Service (NCS) has said that all clearing agents and importers/exporters are suspects in trade malpractices in the country.  Speaking at a seminar on...

Emefiele-Godwin-CBN

CBN tackles LCCI on forex restriction to textile importers

Central Bank of Nigeria Governor, Godwin Emefiele, on Monday said the recent measures announced by the apex bank to revive the Cotton, Garment and Textile sector was...

Nigeria loses $325m annually to textile smuggling

Do you support CBN ban on forex sale to textile importers?

This is like putting the cart before the horse. For the Federal government to say they are banning issuance of foreign exchange to textile companies is certainly not the...

CBN bans textile importers from accessing forex

CBN bans textile importers from accessing forex 

The Central Bank of Nigeria (CBN) has barred commercial banks and Bureaux De Change (BDC) operators in the country from selling of foreign exchange for the importation...

Emefiele

CBN bars textile importers from accessing forex

The Central Bank of Nigeria (CBN) on Tuesday announced the restrictions of sale of foreign exchange to importers of textiles and other clothing materials. The CBN...

Customs collects N140.4bn revenue in August

Customs to delist erring importers from fast track scheme

The Nigeria Customs Service (NCS) said it has put in place modalities to check abuse of its fast track scheme by non-complaint importers with a view to removing them...

Executive Secretary and Chief Executive Officer of Shippers' Council, Hassan Bello

What is your view on Nigerian Shippers’ Council’s plan to register importers, agents and port service providers?

Already there is a regulation that is in place for the collection of the fee and what I expect Shippers’ Council (NSC) to do is to work with Council for the Regulation...