Beyond GDP, UNCTAD to launch new economic indicators for measuring countries prosperity
GDP does not capture progress in well-being, equity, inclusiveness or sustainability – and it was designed as a measure of economic activity.
Maritime & Customs
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Nigeria Strengthens Regional Trade By N4.82tr in Half Year 2025
He urged the partners to embrace customs and logistics modernisation and to implement the AfCFTA framework more deliberately, as the partnership is turning the gains into a broader regional partnership across African markets.
Potiskum: The home of trailers transport business
Potiskum town has been noted for being a home for many articulated vehicles used for long-distance travels and movement of goods across the country.
Functioning steel industry key to Nigeria’s maritime development — SEREC
in a report titled, “Nigeria at 65: The Maritime Scorecard We Cannot Ignore”, Head of Research at SEREC, Eugene Nweke, said without a functioning steel industry, Nigeria’s shipyards will remain import-dependent, uncompetitive, and unable to support large-scale ship repair or new building.
Seme Customs Command’s New Comptroller Pledges Improved Trade Flows
Adenuga also assured that the Command would intensify collaboration with key government agencies including the DSS, Police, Immigration, NDLEA, NAFDAC, and the military to strengthen border security and foster a more conducive environment for legitimate trade.
World Maritime Day theme 2025
The World Maritime Day theme for 2025 “Our Ocean, Our Obligation, Our Opportunity” reflects the ocean’s vital role in the world economy, with more than 80% of global trade transported by sea.
Tinubu Extends CGC Adeniyi’s Tenure By One Year To Complete Key Projects
His tenure, which was due to expire in August 2025, will now run until August 2026.
Customs Replacing 4pct FOB with 1pct CISS Levy – CGC Adeniji
• CGC Adeniji The Nigerian Customs Service (NCS) has announced that it will be replacing the proposed 4 percent import levy with the existing 1 percent Comprehensive Import Supervision Scheme (CISS) levy. The Comptroller General of Customs (CGC), Adewale Adeniyi, made the revelation at an engagement held in Lagos to sensitize stakeholders in the B’Odogwu…
Global Trade Expands By $300bn in the first half of 2025 – UNCTAD
Global trade expanded by an estimated $300 billion in the first half of 2025, growing at an estimated 1.5% in the first quarter and projections showing 2% growth in the second. UN Trade and Development (UNCTAD) disclosed this in its just released Global Trade Update (July 2025). Said the report: Price increases contributed to the…
WCO Elects Nigeria’s CGC Bashir Adeniji , Chairperson
” Comptroller-General of Nigeria Customs Service, Bashir Adewale Adeniyi, said: “I am deeply grateful for my election as Chairperson of the Council.” The World Customs Organization (WCO) Council, the governing body of the organization, comprising the Heads of 186 Customs administrations, has formally endorsed Mr. Bashir Adewale Adeniyi, Comptroller-General of Nigeria Customs Service, as its…