NCS

The Nigeria Customs Service (NCS) says it is partnering with the Directorate-General Taxation and Customs Union (DG TAXUD) of the European Union (EU), to facilitate trade, monitor export and documentations in Nigeria. The…

Federal government has announced that the five per cent excise duty on telephone calls and short message service (sms) must be remitted by telecommunication firms by 21st day of every month. The telecom operators will collect the new tax…

Nigeria Customs Service (NCS), Federal Operations Unit (FOU), Zone A has arrested 14 for smuggling over 9,917 bags of foreign parboiled rice (equivalent to over 16 truck-loads) and other contraband valued at N818.12million. The unit's…

Nigeria Customs Service (NCS), Tincan Island Port Command has seized eight containers laden with 206,000 pieces of crocodile machetes imported from Ghana and other contraband valued at N1.05billion. The Area Controller of the Command,…

The Senate, on Wednesday, approved the sum of N369.04 billion as the budget for the Nigeria Customs Service for the 2022 fiscal year. This was just as it earmarked an N3.019 trillion revenue target for the Service in 2022. The budget…

National Drug Law Enforcement Agency (NDLEA) and the Nigeria Customs Service (NCS) have jointly impounded 9.5 million tablets of Tramadol and Exol 5 valued at N5 billion. The agency’s Director, Media, and Advocacy, Mr Femi Babafemi, said…

Nigeria Customs Service (NCS) has opposed the proposed e-valuator and e-invoicing for import and export businesses in Nigeria by the Central Bank of Nigeria (CBN). The bank had in a letter dated July 8, 2021 informed NCS that it would…

The Senate, on Wednesday, approved the sum of N257,183,671,694.71 as the budget for the Nigeria Customs Service for the 2021 financial year. This was after the consideration of a report by the Committee on Customs, Excise and Tariffs.…

The malicious and defamatory report in a section of the online and Print media about the Accountant General of the federation, Ahmed Idris which I consider disparaging to his person, claiming acquisition of multi-billion Naira property.…

Nigeria recorded Value Added Tax (VAT) of N424.71 billion for third quarter of 2020, the National Bureau of Statistics (NBS) has reported. The NBS made this known in its latest report titled "Sectoral Distribution of Value…