Tag: imports
NNPC Denies Responsibility for Fuel Price Hike, Refutes Claims of Adulterated Fuel Imports
Olufemi Soneye, NNPC’s Chief Corporate Communications Officer, clarified on Tuesday that protesters were misinformed about the reasons behind the fuel ...
Customs cancels 25% penalty on illegally imported vehicles
The Customs encouraged stakeholders to take advantage of this opportunity The Nigeria Customs Service (NCS) has introduced a 90-day window, ...
High Exchange Rate Leads to 65% Decrease in Cargo Imports at Seaports
Nigeria's seaports experienced a 35% decline in imports, primarily due to foreign exchange instability and Naira devaluation, especially affecting bulk ...
Nigeria recorded N927.2bn trade surplus in Q1 2023
The National Bureau of Statistics (NBS) has disclosed that Nigeria recorded N927.16 billion trade surplus between January and March. A ...
Nigeria recorded N1.2 trillion trade surplus in Q1 2022, says NBS
The National Bureau of Statistics (NBS) has disclosed that Nigeria recorded N1.2 trillion trade surplus in the first three months ...
Customs, CBN disagree over e-valuation of imports, exports
The Nigerian Customs Service has denied media allegations that it had implemented the Central Bank of Nigeria's e-evaluator and e-invoicing ...
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