Maritime
Marine sector generated N242 billion in Q1 2024 – Oyetola
Minister of marine and blue economy, Gboyega Oyetola has disclosed that the ministry recorded a revenue of N242 billion in...
FX rate for Customs duty collection rises to N1,502/$
The exchange rate for customs duty collection has risen to N1502.1/$. This is according to the Nigerian Customs Service (NCS)...
FX rate for customs duty collection rises to N1457/$
The exchange rate for import duties collection by the Nigerian Customs Service (NCS) has risen to N1457/$. Checks on the...
Tinubu commissions Funtua Dry Port May 9
President Bola Tinubu will commission the Funtua Inland Dry Port, in Katsina State, next week Thursday, May 9, 2024. This...
NCS increases FX rate for import duties to N1,373/$
The Nigeria Customs Service (NCS) has adjusted the foreign exchange (FX) rate for import duties to N1,373.64 per dollar. This...
Tinubu secures $600 million investment from shipping giant Maersk
President Bola Tinubu has secured an investment of $600 million from Danish shipping and logistics company, A.P Moller-Maersk, to expand...
FG launches platform to monitor import duty exemptions
The federal government has launched a new platform, ‘Incentive Monitoring and Evaluation Platform (IMEP), to monitor import duty exemptions in...
NPA secures $700 million loan for Apapa, Tincan ports repairs
The Nigerian Ports Authority (NPA) has secured a loan of $700 million from Citibank to revamp the Apapa and Tincan...
Exchange rate for cargo clearance drops to N1260/$
The foreign exchange rate for the Nigeria Customs Services’ (NCS) cargo clearance in ports and other goods entry points has...
Baltimore bridge collapse sends vehicles tumbling into water
Rescuers pulled out two survivors, one in very serious condition, and were searching for more in the Patapsco River after...