Nigeria Customs returns 21 stolen exotic cars worth over N1.8 billion to Canadian governmentÂ
The Nigerian Customs Service (NCS) has transferred 21 stolen exotic cars, valued at over N1.8 billion, to the Canadian government. Â
Tag: Nigerian Customs Service
Exchange rate for Customs duty collections drops by N19, higher than official market rate
The exchange rate for duties collection by the Nigerian Customs Service (NCS) has dropped from N1,500/$ to N1,481 representing a ...
CBN raises exchange rate for customs duty collection to N1,327/$
The Central Bank of Nigeria (CBN) has increased the exchange rate for the Customs Service duty collection by N163. The ...
Hardship: FG suspends 25% penalty imposed on improperly imported vehicles
The Nigeria Customs Service (NCS) has suspended the 25% penalty that had previously been imposed in addition to import duty ...
Nigeria Customs Service targets N6 trillion revenue in 2024Â
The Nigeria Customs Service (NCS) has disclosed that it targets to generate N6 trillion as Internally Generated Revenue (IGR) for ...
Customs seizes marijuana, others worth over N900 million in 3 months
The Nigerian Customs Agency has revealed that its officers intercepted Marijuana, Tramadol, and foreign parboiled rice worth over N900 million ...
Customs gives companies 14-day ultimatum to register for payment of excise duty
The NCS has companies not yet registered for payment of excise duty under its command 14-days to comply or face ...
Customs reduces import duty for used and new vehicles to 20%
The Nigerian Customs Service has officially released a circular announcing the reduction of import duties on both used and new ...
Customs Apapa area command generates N264 billion revenue in Q1
The Nigerian Customs Service, Apapa Area Command in Lagos has generated revenue of N264 billion for the first quarter of ...
Nigeria losing $8.810 billion annually from non-implementation of e-Customs modernisation project – Reps
Nigerian customs service is losing the sum of $8.810 billion annually due to the non-implementation of a Customs modernisation project.
