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FG mulls increase in VAT, excise duties

Nigeria slams 0.2% levy on goods imported from other African countries 

The Nigerian government on Monday approved a new import levy of 0.2 per cent on goods emanating from other African countries for “sustainable financing of Nigeria’s...

warri-port

Proposed Warri port and Nigeria’s quest for new seaports

Amidst the dwindling fortunes of Nigerian ports, manifesting in drop in ship and cargo traffic, Nigerian authorities are pushing for development of new seaports. Modern...

Nigeria records 2.38% GDP growth in Q4 2018 - NBS

Nigeria’s economic growth slows in Q1 as oil sector shrinks

Growth in Nigeria’s fragile economy slowed to 2.01% in the first quarter as the country’s dominant oil sector shrank, the National Bureau of Statistics said on...

Pirates

Gulf of Guinea: Nigeria, others lose $777m annually to piracy — UN  

A new report by the United Nations Office on Drugs and Crime (UNODC) reveals that Nigeria and other countries in the Gulf of Guinea lost US$777.1 million to piracy and...

Hameed Ali

Customs CG Hameed Ali says rice imported into Nigeria is poisonous

The Comptroller-General of Customs, Hameed Ali, has described rice imported into Nigeria as poisonous, advising Nigerians to stop consuming it. “A chemical must have...

‘Nigeria has not endorsed any candidate for ICAO Presidency’ 

‘Nigeria has not endorsed any candidate for ICAO Presidency’ 

Nigeria has not endorsed any candidate for the Council Presidency of the International Civil Aviation Organization (ICAO). This clarification is coming on the heels of...

NIMASA makes case for Nigeria beyond crude oil

NIMASA makes case for Nigeria beyond crude oil

The Nigerian Maritime Administration and Safety Agency (NIMASA) has expressed its readiness to develop policies that will see to a smooth transition from the regime of...

Airlines make N330.59bn from tickets sales

Nigeria’s airlines record 7,926 delayed flights in 1st quarter of 2019 – NCAA

Domestic airlines operating in Nigeria recorded 7,926 cases of delayed flights between January and March 2019. The Consumer Protection Department of the Nigerian Civil...

Yam-for-export

Transportation, storage, packaging remain major challenges for Nigeria’s agric exports

The Standards Organisation of Nigeria (SON) on Monday listed transportation, storage facilities, packaging and warehouse conditions as some of the challenges that lead...

Protesters block Aiteo’s Nembe oil facility in Nigeria

  Protesters in Nigeria’s Nembe region barricaded the logistics base of oil company Aiteo on Sunday and briefly disrupted its operations, the company said. Aiteo...

bonded vehicle terminals.

Why smuggling of vehicles persists through Nigeria’s land border

When the Federal Government slammed a ban on the importation of vehicles through the land borders, it was with the intention of encouraging local production to drive the...

NPA urges Customs to auction overtime cargoes at Lagos ports

‘All concessioned port terminals in Nigeria are ISPS Code compliant’

The Seaport Terminal Operators Association of Nigeria (STOAN) has said that all concessioned port terminals in the country are in full compliance with the provisions of...