Category : Search result: excess tariff payments


CBN Enforces New Cash Withdrawal Limits & Fees

The Central Bank of Nigeria has announced new weekly cash withdrawal limits of N500,000 for individuals and N5m for corporates, with excess fees starting January 1, 2026. Read the full details.

China Announces Zero-Tariff Policy for Nigerian Goods

China pledges zero-tariff access for Nigerian exports, accelerating economic ties. This move aims to deepen bilateral cooperation and mark 55 years of diplomatic relations. Explore the details and implications for Nigeria's trade future.

China to Implement Zero-Tariff on Nigerian Exports Early

China's Ambassador to Nigeria announces readiness to expedite zero-tariff policy for Nigerian goods, boosting trade ahead of 55th diplomatic anniversary and 2026 cultural exchanges. A major win for Nigeria's exporters.

Gratuity Returns for Federal Workers in 2026

Federal workers celebrate as gratuity payments resume in January 2026 after a decade-long halt. The ASCSN also pushes for pension reforms and opposes Unity Schools' privatization.

Fintech Growth Demands Strategic Partnerships

Fintech sector growth is unsustainable without strategic partnerships with banks, regulators, and tech providers. Learn how collaborations drive financial inclusion and innovation in Nigeria.

US Ends 15% Tariff on Ghana's Cocoa Exports

United States removes 15% tariff on Ghana's cocoa and agricultural exports, set to generate $60 million additional annual revenue for Ghana's economy. Read full details.

Reps Committee Raises Alarm Over POS Fraud

House of Representatives committee warns of rising POS fraud and unlicensed crypto dealings by operators. Investigation reveals security gaps and regulatory breaches in Nigeria's fintech sector.

US Removes 15% Tariff on Ghana Cocoa Exports

United States removes 15% tariff on Ghana's cocoa and farm exports, set to generate $60 million additional revenue annually. Major diplomatic win for Ghana-US relations.

FIRS Dismisses Atiku's Xpress Payments Allegations

FIRS counters Atiku Abubakar's claims about Xpress Payments in TSA framework, calling them incorrect and misleading. Read the full details of this political dispute over revenue collection.

Manufacturers Spend N676.6bn on Power Generators

Nigerian manufacturers spent N676.6 billion on alternative energy in H1 2025 as poor power supply cripples operations. MAN warns of job losses and demands government intervention.

EU Seeks More US Tariff Exemptions in Key Talks

EU trade ministers will press for more US tariff exemptions on wines, spirits, and pasta during a crucial meeting with US Commerce Secretary Howard Lutnick. The talks aim to resolve ongoing trade tensions.

GrabrFi Offers US Bank Accounts to Nigerian Freelancers

Nigerian freelancers and professionals can now open US bank accounts with GrabrFi to receive USD payments without fees, avoid currency devaluation, and access global financial tools for their borderless careers.

Man Gets 16.9kwh for ₦2000 Under Band A Tariff

A Nigerian man's electricity receipt showing he received 16.90kwh for ₦2000 under Band A tariff goes viral, sparking reactions about possible price reductions or system glitches.

UK-Nigeria Trade Mission Opens in Abuja

A UK-Nigeria trade mission has launched in Abuja to empower women-led businesses and boost non-oil exports. Discover how this initiative creates new opportunities.

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