Business

Customs, agents disagree over National Single Window operations

By Godwin Oritse & Efe Onodjae There are indications of festering disagreements over the implementation of the National Single Window (NSW), a centralized digital portal launched by the Federal Government in March this year to address delays in import-export processing at the ports. It allows importers and exporters to submit trade documents once, replacing duplicate paperwork […]
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FOU Zone C impounds 5,085 bags of rice

AS part of its anti-smuggling activities in the country, the Federal Operations Unit, FOU, Zone C of the Nigeria Customs Service, NCS, has impounded eight trucks containing 5,085 bags of illegally imported par-boiled rice valued at N140m.

FOU Zone A seizes 3,553 goods valued at N1.2bn

AFTER engaging in anti-smuggling activities geared towards maintaining its role as a flagship Command, the Federal Operations Unit Zone A Ikeja, Lagos in its anti-smuggling activities for the year ended January to December, 2013 has disclosed that it has made a total seizure of about 3,553 assorted prohibited goods valued at N1,294,211,018 with a payable duty of N227, 073, 983 and a Duty Paid Value DPV of N1,521,285,001.

SEC targets 100% market capitalisation contribution to GDP

The Securities and Exchange Commission, SEC, said it plans to grow the contribution of the Nigerian Stock Exchange, NSE, market capitalisation to the Gross Domestic Product, GDP, by over 100 percent in the next 10 years from 27 percent it presently contributes.

GES TAP targets 500,000 farmers in FCT, Sokoto state

The International Centre for Soil Fertility and Agricultural Development (IFDC) has launched the GES Touch and Pay (TAP) project which would target 500,000 farmers in the FCT and Sokoto state and had employed 250 youths who have been deployed to the six area councils of the FCT

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