Trade Facilitation
Nigeria Secures £746 Million UK Financing to Modernise Lagos Ports
The Federal Government has secured a landmark £746 million financing agreement with the United Kingdom to modernise Nigeria’s seaport infrastructure, marking the most...
SON Backs Federal Government National Single Window for Trade Initiative
The Standards Organisation of Nigeria has reaffirmed its support for the Federal Government’s National Single Window for Trade, a digital platform aimed at...
Ecuador Finalizes Bilateral Trade Deal With U.S., Eliminating Key Export Tariffs
Ecuador has finalized a bilateral trade agreement with the United States, removing major tariffs on several of the country key export goods. The...
Apapa Customs Intensifies Collaboration with Nigerian Navy to Boost Port Security
The Apapa Customs Command of the Nigeria Customs Service has stepped up operational collaboration with the Nigerian Navy to enhance security at the...
Nigeria Customs Records 29 Per Cent Revenue Growth Under AEO Programme
The Nigeria Customs Service has announced a significant revenue increase under its Authorised Economic Operator programme, with collections rising from N1.22tn before certification...
NPA Boss Urges Traders to Leverage New Export Channels for Global Competitiveness
The Managing Director of the Nigerian Ports Authority, Dr Abubakar Dantsoho, has called on traders and investors to take advantage of newly introduced...
Nigeria Launches One-Stop-Shop Platform to Ease Cargo Clearance at Ports
Nigeria took a major step toward improving trade efficiency as the Nigeria Customs Service launched its One-Stop-Shop (OSS) platform in Lagos on Wednesday,...
CBN Allows Temporary Use of Expired NAFDAC Licences for Imports
The Central Bank of Nigeria (CBN) has approved a temporary window allowing importers to use expired National Agency for Food and Drug Administration...
Customs Records N7.28trn Revenue in 2025, Exceeds Target by N697bn
The Nigeria Customs Service (NCS) has announced a total revenue generation of N7.28 trillion for the 2025 fiscal year, exceeding its annual target...
EU Removes Nigeria from High-Risk Financial Jurisdictions, Boosting Trade and Investment
The European Union has officially removed Nigeria from its list of high-risk jurisdictions for money laundering and terrorism financing, a move expected to...
