NPA Reduces Entry Time for Export Trucks to 48hrs from 72hrs
Mohammed Bello Koko, MD/CEO of Nigeria Ports Authority in collaboration meeting with the Nigeria Customs Service and Ports stakeholders.
Trade and Services
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Bonded Terminal Operators Advocating for Maritime Bank in Nigeria
Before now, freight used to be $1,500 but it has gone up to about $6,000 and when you now come to Nigeria, the exchange rate for cargo clearance has gone up
Customs Consultative Committee Tasks FG on New Customs Law
The review of the law has become imperative to protect local businesses engaged in import and export.
NPA Mandates Exporters, Banks , Customs on NXP form Compliances
This improved procedure mandated by the NPA and the government is to ensure that the booking of export boxes to the port must be preceded by a NXP application for such consignment.
MAN Laments Manufacturing Shipment Costs at 22.16%
The Manufacturers Association of Nigeria (MAN), on Thursday, called on the federal government to continuously improve macroeconomic indices, citing the cost of manufacturing shipment which rose to 22.16 percent in Q1 2024 from the 19.48 percent recorded in Q4 2023. Dr Oluwasegun Osidipe, Director of Research and Advocacy, MAN, presented the Q1 2024 MAN CEO’s…
Why Govt Should Stop Chinese Goods To Enable Us Develop Our Own – Shittu
In this New Telegraph’s interview, a former National President of Association of Nigeria Customs License Agents (ANCLA), and the Managing Director of Skelas Nigeria Limited, Mr. Olayiwola Shittu, speaks on the need for Nigeria to domesticate and enforce all maritime conventions and protocols it entered into. Do you support the organised private sector’s (OPS) proposal…
IFC Shares “Must Do” For Women Who Trade Across Borders
The International Finance Corporation (IFC) has called on trade finance institutions the like of Afreximbank, the Development Bank of Nigeria, AfDB, etc, as well as the governments and regulators, to improve women-owned businesses access to finance, especially in Nigeria and the other emerging markets. IFC made the call in its latest country studies results, titled…
Maersk evacuating 1,900 empty cargoes from Lagos ports
From right: Executive Secretary/CEO of the Nigeria Shippers Council, Pius Akutah, in a meeting with a delegation from the International Trade Centre in Lagos.
UK Urges Nigeria to boost export through new trading Scheme
Standards Organisation of Nigeria (SON) is working with UK standards organisation to reconcile standards or enable them to certify for the UK market to help ease trade.
CGC Adeniyi on How Customs Advanced Ruling Works
CGC , Bashir Adeniyi (sitting 4th from left) with other key officials during the launch of the project in Abuja. Source. NCS.