Tuesday, April 23, 2024
MARKET UPDATE
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Tag "importers"

Price hike looms as customs begins implementation of VAT on diesel

    Price hike looms as customs begins implementation of VAT on diesel

The Nigeria Customs Service (NCS) says it has commenced the implementation of value-added tax (VAT) on automobile gas oil (AGO), also known as diesel, imported into the country. The service

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NAFDAC: Importers, exporters should show more interest in Onitsha Port,

    NAFDAC: Importers, exporters should show more interest in Onitsha Port,

The National Agency for Food and Drugs Administration and Control (NAFDAC) has advised importers and exporters operating in eastern ports and bonded terminals to arm themselves with basic information guiding

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E-valuation: Over 12,000 imported vehicles trapped at Lagos ports over strike, says group

    E-valuation: Over 12,000 imported vehicles trapped at Lagos ports over strike, says group

The industrial action by freight forwarders at Lagos Ports is worsening the plight of maritime stakeholders as over 12,000 imported vehicles are trapped. By implication, this means that demurrages are

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As congestion worsens in Lagos, exporters divert cargoes to Port Harcourt, Calabar ports

    As congestion worsens in Lagos, exporters divert cargoes to Port Harcourt, Calabar ports

Exporters are re-routing cargoes to Port Harcourt and Calabar ports as congestion hampered business activities at the Lagos port. Port congestion is a major challenge in Africa’s maritime sector. In

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NPA moves to decongest Apapa, Tin Can ports

  NPA moves to decongest Apapa, Tin Can ports

The Nigeria Port Authority (NPA) has taken some measures to reduce the congestion at the Apapa and Tin Can Island ports.

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