The Nigeria Customs Service (NCS) has generated over N347billion revenue from its Tin-Can Island port in Lagos, in the first quarter of this year. This was disclosed in Lagos on Monday, by the Area Comptroller of Frank Onyeka. According to him, “in January the Command generated N116, 412,735,766.23, which represents 24.06 per cent more than…
The Nigeria Customs Service (NCS) has canceled the declarations it made during implementation of the four per cent Free on Board (FoB) charges. NCS consequently urged stakeholders to recapture their entries. National Public Relations Officer, Assistant Comptroller -General of Customs, Abdullahi Maiwada disclosed this in a statement. He said: “Sequel to the earlier press release…
A year after an eyewatering slide against the dollar, the naira is enjoying a rare run of stability, and analysts expect it to last. Nigeria’s battered currency has lost 70per cent against the greenback since foreign exchange controls were relaxed in 2023, including a steep depreciation 12 months ago. But its performance since December tells…
The Nigeria Customs Service (NCS), Apapa Area Command has generated N2.01trllion as at November 19 this year despite the decline in the volume of trade, Customs Area Controller (CAC) Babatunde Olomu told officers and men on a parade. He added that the command aims at achieving its N2.2trillion target for this year by the end…
