LAGOS JANUARY 26TH (NEWSRANGERS)-The Nigerian Ports Authority (NPA) and the Nigeria Customs Service (NCS) have pledge to work together to deepen trade facilitation and drive exports as part of measures to support the federal governments economic diversification effort. They made the pledge yesterday when the Comptroller General of the NCS, Bashir Adewale Adeniyi led members…
LAGOS AUGUST 1ST (NEWSRANGERS)-The military government in Niger Republic, under the leadership of General Abdourahamane Tchiani, is taking bold steps to consolidate on the Transitional regime and ward off threats of military invasion by the Economic Community of West African States (ECOWAS). Accordingly, Niger on Sunday suspended export of uranium and gold to France with…
LAGOS FEBRUARY 12TH (NEWSRANGERS)-Members of the Chartered Institute of Export and Commodity Brokers of Nigeria (CIECOBON) led by the President/Council Chairman, Dr. Ayobami Omotoso paid the Executive Secretary/Chief Executive Officer and Management of Nigerian Shipper’s Council, NSC, Rt. Hon. Emmanuel Jime, a courtesy visit at the NSC headquarters in Lagos recently. During the visit the…
LAGOS NOVEMBER 26TH (NEWSRANGERS)- A Lagos Federal High Court, today, convicted and sentenced a freight forwarder, Omoniyi Ajibola Isaac, to a five year-imprisonment, for unlawful export of 27. 250 kilograms of Cannabis Sativa, also called marijuana. Justice Ambrose Lewis-Allagoa, who presided over the court, gave the 37 years old convict, the jail terms, after he…
LAGOS SEPTEMBER 9TH (NEWSRANGERS)-Neighbouring Niger Republic, which started commercial oil production in 2011, now exports petroleum products to Nigeria, as Egypt and Algeria lead African operations with 13 refineries. Both countries (Egypt and Algeria) have combined capacity of 1.4 million barrels per day. For decades, Nigeria’s three major refineries have been grounded to near-zero capacity…
LAGOS NOVEMBER 12TH (NEWSRANGERS)-Notwithstanding the revenue increase the Nigerian Customs Service, NCS, said it has achieved with the on-going partial border closure, exporters are counting their losses as countries within the Economic Community of West African States, ECOWAS, sub-region have started rejecting Nigerian cargoes, apparently, as a form of retaliation against the land border closure….
LAGOS JULY 30TH (NEWSRANGERS)-China has commenced the export of used cars popularly known as ‘tokunbo’ to Africa, Asia and Europe, with Nigeria one of the destinations for the first batch of 300 cars. The country’s Ministry of Commerce had, in a statement, announced that it had cleared 10 cities to begin the export of second-hand…