Browse Tag

import duty

FG Suspends Planned 15% Import Duty on Petrol, Diesel to Avert Price Surge

The Federal Government has suspended the planned 15 per cent import duty on Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO), popularly known as petrol and diesel, stepping back from a policy that was expected to raise the landing cost of

November 14, 2025

Business·News

CBN Raises Exchange Rate For Import Duties To 1457$1

In response to the ongoing fluctuations in the currency market, the Central Bank of Nigeria (CBN) has adjusted the exchange rate used for calculating import duties at the nation’s seaports. The new rate, set at N1,457.014/$, marks a notable increase from the

May 14, 2024

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

import duty

FG Suspends Planned 15% Import Duty on Petrol, Diesel to Avert Price Surge

CBN Raises Exchange Rate For Import Duties To 1457$1

Featured Stories

US Officially Designates Venezuela’s Cartel de los Soles as Foreign Terrorist Organization

Wike, Yerima; Clash of Values and Authority

Military Veterans Demand Wike’s Removal After Clash With Naval Officer in Abuja

Unlocking Africa’s $4 Trillion Potential: A New Era for Financial Sovereignty

Whatsapp Channel

Latest News

44 Lawmakers Urge Tinubu to Order Kanu’s Release, Seek Political Dialogue on Southeast Crisis

Fidelity Bank Records Gross Earnings Of N748.70bn, Profit Drops By 17.21%

COAS Orders Intensified Search for Abducted Kebbi Schoolgirls

NGX Market Valuation Closes At N92.21trn

Nigeria Inflation Falls to 16% in October, Cost Pressures Remain High

Lagos Unveils Fresh Food Subsidy Drive to Ease Holiday Price Pressures

Markets Brace for Wave of Delayed U.S. Economic Data as Shutdown Backlog Clears

Nigeria’s Stock Market Suffers Sharpest Slide in 15 Years as Trump Threat, CGT Fears Trigger Massive Sell‑off

44 Lawmakers Urge Tinubu to Order Kanu’s Release, Seek Political Dialogue on Southeast Crisis

Suggestions

import duty

Featured Stories

Follow Us

Whatsapp Channel

Latest News