Business

Trade facilitation: Customs unveils digital baggage import declaration

The Nigeria Customs Service, NCS has announced the deployment of a Simplified Baggage Import Declaration System at the Seme Area Command. This marks a new phase in its drive for digital innovation, trade facilitation, and improved passenger clearance processes. The initiative is designed to streamline baggage declaration, reduce clearance time, and enhance transparency for legitimate […]
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NIMASA, Navy collaborate to commercialise Naval dockyard

The Nigerian Maritime Administration and Safety Agency, NIMASA, and the Nigerian Navy have set up a joint committee with a mandate to develop a workable framework for a public-private partnership towards commercialising the Naval Dockyard in Lagos.

PAN to import second hand vehicles

Nigeria’s leading Automobile company, Peugeot Automobile Nigeria (PAN) said Tuesday that it plans to flood the Nigeria auto market with fairly used vehicles which will be certified by the manufacturers as a way of repositioning itself to compete favourably with others.

Naira gains 11 kobo

The naira appreciated against the dollar by 11 kobo at the first foreign exchange auction of the week conducted by the Central Bank of Nigeria.At the end of the auction, the official exchange rate closed at N148.6 per dollar, up from N148.71

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