Nigeria Customs Service

Dealers quote new price for imported rice as FG delays duty-free import policy

The price of imported rise increased 144.77% as inflation bites harder in 2024, rising from N95,000 to N120,000 in September as FG delays duty-free import.

New exchange rate as CBN crashes dollars to clear imported goods from ports

The Central Bank of Nigeria (CBN) has reduced the foreign exchange rate for Nigeria Customs duty for cargo clearance at Nigeria's air and seaports.

Nigeria custom valuation laws and the misrepresentation by Tokunbo Olubodun

The Nigeria Customs was blessed with the new CEMA ACT, 2023 & the essence of the new law is to redefine the modus operandi of the Customs in line with the community.

“Smuggling of petrol”: Nigeria Customs explains reasons for scarcity of dollar, other foreign currencies

The Nigeria Customs Service said that the growing prevalence of petroleum product smuggling out of the country is one of the primary factors influencing FX.

Again, CBN increases Customs exchange rate to clear imported goods

The Central Bank of Nigeria has hiked the exchange rate to clear goods at the nation's ports as naira continues to struggle both in the official and black markets.

FG fixes new date For Oyedepo, other private jet owners to verify their aircraft

The Nigeria Customs Service (NSC) has extended the verification deadline for private jet owners by one month to allow operators to regularise their import duties.

“Full list”: Private jet owners panic as FG moves to ground 60 aircraft over import duty violation

The Nigeria Customs Service (NCS) has issued notices to private jet owners as it seeks to ground over 60 aircraft over import duty violations in the coming days.

Nigeria Customs offers petrol at N630/litre to Nigerians, gives locations

The Nigeria Customs Service boss, Adewale Adeniyi, has announced plans to auction seized Premium Motor Spirit, also known as petrol, to Nigerians at a cheap price.

New customs exchange rate for importers to clear goods at ports, airports

The Central Bank of Nigeria has adjusted the dollar exchange used by importers for cargo clearances at Nigeria's ports and airports as naira appreciates.