Onitsha Port has received its first barge, signalling the commencement of cargo movement in the port for the 2025 trading season for Southeast traders.
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Price may drop soon as importers abandon Tokumbo cars in ports, vehicle import falls to 4,000
The Nigerian Customs Service (NIS) has revealed that there is a sharp decline in imported vehicles into the country from 32,000 in 2018 to 4,000 in 2023.
"No more smuggling": Nigeria, Benin reaches agreement to allow importers use Cotonou port
Nigeria and Benin have agreed to let importers use Cotonou port an effort that will boost trade, increase revenue, and enhance regional cooperation.
"3 trains per day": FG begins movement of containers from Apapa Port by rail
The Nigerian government has begun the evacuation containers by train from the Apapa ports to decongest the ports as Minister frowns at 6,000 abandoned cagoes.
NPA takes Oyetola on tour of Lekki sea port, minister expresses shock at 6,000 abandoned cargoes
The minister of Marine and Blue Economy, Gboyega Oyetola, has expressed delight at the facilities installed at the Lekki Deep Blue Port during a recent visit.
Cost of Tokunbo vehicles, food , other items to Rise as FG Introduces N50 Stamp Duty for every N1,000
The Nigerian Ports Authority (NPA) has introduced Stamp Duty of N50 for every N1,000 receipt and meant specifically for those around around the port premises
Shipowners say FG will suffer 30% tax imposed on foreign tankers
The president of the Nigerian Chamber of Shipping has said that the tax system might not have an impact on refined petroleum products but on the government.
NPA makes N191.4bn in First half of 2023, remits N55.7bn to consolidated Revenue Fund
The Nigerian Ports Authority has generated about N191.4 billion in revenue in the first six months of this year and remitted N55.712 to the Federation Account
Feder Government urged to make law for efficient port services
The Nigerian government has been asked to provide incentive for companies in Nigeria to achieve smooth port services for enhanced productivity in the country.
New price list emerges FG's policies force drop in sales of Tokunbo cars, Nigerians disclose options
Nigerians have abandoned the use imported vehicles to locally or second-hand vehicles due to recent foreign exchange plans of the CBN, Nigeria Customs Service
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