Nigeria promotes business environment by reducing documents for import, export

The Nigerian Government has approved a reduction in the number of documents needed for both exports and imports in furtherance of its Enabling Business Environment initiative. While the number of documents needed to import goods into the country has been reduced from 14 to eight, those needed for exports have similarly been reduced from 10 […]

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New Car Imports Drop By 67%

Nigeria has recorded a drop of 67 per cent in its new car importation this year, compared to the 2014 figure. Toyota Nigeria Limited, which stated this in Lagos, said 15,031 new vehicles were imported into the country by various dealers in 2015 as against 45,618 last year. The TNL, which is the leading automobile […]

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Rice Import Gives Customs N1b in Two Months

The suspension of restrictions on the importation of rice through the land borders by the Comptroller-General, Nigeria Customs Service (NCS), Col. Hameed Ali (rtd), has paid off. The service has raked in N1.178 billion from the 17,596 metric tonnes of the item imported through the borders between October and November, this year. Speaking at a […]

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