Dangote Refinery Bypasses Depots, Sells Petrol Directly
Dangote Refinery now sells petrol directly to independent marketers, slashing prices to N699/litre after a pricing dispute with depot owners. This major shift boosts competition and supply.
Category : Search result: import export revenue
Nigeria Customs Announces Duty Waiver for Personal Vehicles
Nigeria Customs Service introduces a temporary import scheme for personal vehicles, allowing duty-free entry for up to 90 days for tourists and business visitors. Learn the rules and required documents.
Customs Generates N2.93trn at Apapa Port in 2025
The Nigeria Customs Service, Apapa Port Command, recorded N2.93 trillion revenue in 2025, a 24.32% increase. Controller Emmanuel Oshoba credits technology and stakeholder compliance. Read more.
CITN: Sustained Implementation Critical for Tax Reform
CITN President Innocent Ohagwa outlines the pillars for Nigeria's new tax reform success: sustained implementation, capacity building & stakeholder engagement. Learn how the reforms aim to harmonize taxes and boost revenue.
Cashew Could Earn Nigeria $10 Billion Yearly
NCAN reveals Nigeria's cashew value chain can generate $10 billion annually with proper development. Learn about the untapped potential and upcoming Nigeria Cashew Day 2026.
Customs Generates N2.93tr at Apapa Port in 2025
Nigeria Customs Service's Apapa Command reports a record N2.93 trillion revenue for 2025, a 24.32% increase. The feat is credited to tech deployment and stakeholder compliance. Read more on the strategies and enforcement wins.
N15.4 Trillion Fuel Import Bill in 2024, CORAN Alarmed
CORAN warns Nigeria's heavy fuel import reliance undermines local refiners who invested billions. N15.4 trillion spent on imports in 2024. Urgent policy shift needed to support domestic refining capacity.
N15.4 Trillion Fuel Import Bill in 2024 - CORAN
CORAN reveals Nigeria's fuel import costs doubled to N15.4 trillion in 2024, undermining billions in local refinery investments. Urgent policy shift needed to support domestic refining capacity and retain forex.
Akwa Ibom Gov Ends Deals With All Revenue Contractors
Akwa Ibom State Governor, Pastor Umo Eno, has terminated all revenue contractors and consultants to ensure transparency and centralised collection. Discover the new reforms.
Nigerian Women Driving Food Security & Exports - PAWISCA
PAWISCA is positioning Nigerian women as key drivers of food security and export growth. With over 5,000 members, the initiative boosts agriculture and creative industries for poverty alleviation.
New Nigeria Revenue Service Logo Unveiled in Abuja
NRS Chairman Zacch Adedeji unveils the agency's new logo, signaling a commitment to a unified, efficient revenue system aligned with Nigeria's economic agenda. Read more.
FIRS Transforms to Nigeria Revenue Service in 2026
Nigeria's FIRS transitions to the Nigeria Revenue Service in January 2026, driven by four new laws. The reform promises streamlined tax processes, stronger oversight, and integrated revenue collection for better public finance management.
Farmers: Cashew Export Ban Could Worsen Poverty
Nigerian cashew farmers urge the government to drop the proposed export ban, warning it will cripple the non-oil sector and increase poverty. They call for local processing plants instead.
Enugu Launches Livestock Hub to Boost Agro-Exports
Enugu State commissions a model veterinary hospital and flags off an integrated livestock development centre, aiming to transform agriculture and become a regional agro-export hub. #Agriculture #Enugu
Nigeria's Mandatory Car Recycling Fee Starts 2026
From 2026, Nigerians will pay a mandatory vehicle recycling fee at registration. The policy aims to generate over N150bn yearly, create jobs, and regulate used car imports. Get all the details.
Norway Council Calls for Stockfish Handler Training
The Norwegian Seafood Council urges NAFDAC to train Nigerian stockfish traders on safe preservation, warning against chemical use like sniper. Experts confirm natural drying process.
Kano Bans Cash Tax Payments from January 2026
Kano State will enforce digital-only tax payments from 2026 to curb revenue leakages. Experts urge public embrace of reforms for economic growth. Learn more.
Tin Can Customs Revenue Hits N1.57tr, Exceeds Target
Tin Can Island Port Customs generated N1.57 trillion, exceeding its annual target by N51.8 billion, driven by a surge in used vehicle imports. Read the full report on the revenue feat.
Nigeria ships 33.2m barrels of crude to U.S. in eight months
Nigeria strengthens its role as the top African crude oil supplier to the United States, exporting 33.23 million barrels worth $2.57 billion from January to August 2025. Discover the economic impact and the role of Dangote Refinery.
Nigeria Suspends 15% Fuel Import Duty Amid Backlash
The Nigerian government suspends a controversial 15% fuel import duty to avoid festive season price hikes. Experts warn of policy inconsistency and the need for long-term energy security. Read more.
FIRS Hits ₦22.59tn Revenue, New Tax Laws Reshape System
Nigeria's FIRS closes 2025 with a record ₦22.59tn collection, driven by landmark tax reforms and technology. Discover how new laws and digital systems are redefining revenue generation for 2026.
7 Steps for Nigeria to Become Africa's Energy Leader
Energy expert Canice Emeka outlines seven non-negotiable steps Nigeria must take by 2035 to become Africa's largest and most reliable energy powerhouse. Learn the plan.
Africa's Fuel Import 'Slavery' Persists Despite New Refineries
Africa remains trapped in fuel import dependence despite new refineries. This analysis reveals the structural barriers, from fragmented standards to poor infrastructure, that keep the continent vulnerable to global shocks. Discover the path to true energy
Nigeria Bans Wood Export to Curb Deforestation
The Federal Government has imposed an immediate ban on wood and charcoal exports, revoking all licenses to protect Nigeria's forests. Learn the details and legal backing of this decisive environmental move.
Customs Imposes 3% Penalty on Banks for Late Duty Remittances
The Nigeria Customs Service announces a 3% penalty for banks delaying stamp duty remittances. Defaulters risk public exposure and deactivation from the B'odogwu platform. Read the full details.
Federal Government Imposes Total Ban on Wood Export
Nigeria bans all wood exports to fight illegal logging. Minister Balarabe Lawal announces the policy, citing environmental protection. Read the full details and implications.
NPA Cargo Hits 33.5m Tonnes, Credits Tinubu's Policies
Nigerian Ports Authority records a massive 1,085% surge in export containers and 33.52 million metric tonnes cargo throughput in Q3 2025, driven by President Tinubu's export-focused economic policies. Read the full analysis.
Nigeria's 2025 Revenue Shortfall Hits N30 Trillion
Finance Minister Wale Edun reveals the Federal Government may fall short of its 2025 revenue target by N30 trillion. Discover the causes and government's response. Read more.
FG Plans Raw Export Ban to Strengthen Local Economy
The Federal Government pins economic hopes on a new law banning raw material exports, aiming to create jobs and value. Experts warn a weak STI ecosystem could derail the plan. Read more.
FG, States, LGs Share N1.9trn as FAAC Allocation Drops
The Federation Account Allocation Committee (FAAC) distributed N1.928 trillion for November 2025, a significant drop from October. See the full breakdown for FG, states, and LGs.
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