Importers

The recent announcement on the renewal of the tenure of the Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele May have come as a surprise to most importers, particularly those involved in the importation of items tagged ‘not…

THE Nigeria Customs Service (NCS) has advised importers to be transparent to improve ease of doing business in Nigeria.Mr Bukar Amajem, the Controller of Federal Operations Unit (FOU) Zone ‘C’ of the NCS in Owerri, gave the advice on…

Demurrages payable by owners of cargoes trapped inside the ports in Lagos has spiralled to about N1,336,986,301 following the continuous strike action of truckers and agents which is now into its second day. This is even as industry…

THE Senate has threatened to publish names of importers and banks found culpable in ongoing investigation into over N30 trillion alleged foreign exchange frauds perpetrated between 2006 and 2017.The chairman, Senate Committee on…

THE Central Bank of Nigeria (CBN), said, on Tuesday it will offer dollar forwards to be delivered within two months to offset a backlog of matured foreign exchange obligations to manufacturers, airlines, fuel importers and agriculture…