CBN Highlights Gains of Nigeria-China Currency Swap as Stakeholders Caution on Long-Term Implications
By Babatunde Aremu
The Central Bank of Nigeria (CBN) has described the Nigeria-China currency swap deal as a transformative policy instrument that could significantly reduce shipping costs, enhance trade efficiency, and ease foreign exchange pressure in Nigeria’s maritime industry.… More...
Q1: Customs Apapa Command Generates ₦694.1b, Gets Reps’ Commendation for Efficiency
… As Compt. Olomu Assures of Higher Revenue With B’Odogwu
By Babatunde Aremu
The Apapa Port Command of Nigeria Customs Service has collected a total ₦694,167,949,142.56 as 2025 first quarter revenue
Area Comptroller of the Command, Comptroller Babatunde Olomu fsi who disclosed this recently when he received members of the House of Representatives Committee on Customs, said the figure is ₦205b higher than the ₦489b collected from January to March 2024, representing *41.8%* increase.… More...
*Oyetola Appoints Bolaji Akinola Media and Communications Adviser*
By Babatunde Aremu
The Honourable Minister of Marine and Blue Economy, His Excellency Adegboyega Oyetola (CON), has approved the appointment of Maritime expert, Dr. Bolaji Akinola as his Adviser on Media and Communications.… More...
CGC, Adeniyi Urges Decisive Action for Regional Customs at WCO-WCA Donor conference
By Babatunde Aremu
The World Customs Organization – West and Central Africa (WCO-WCA) Regional Conference officially came to a close in grand style on Friday, 11 April 2025, at the Muhammadu Buhari Conference Centre in Abuja.… More...
MARAN fixes April 15 for Breakfast Meeting on Nigeria – China Currency Swap Deal
By Babatunde Aremu
The stage is set for the Maritime Reporters Association of Nigeria (MARAN) to host the much publicized Nigeria- China Currency Swap Deal.
The theme of the Breakfast Meeting is “Navigating the Nigeria-Peoples Republic Of China Currency Swap: Opportunities and Challenges for Import, Export and Maritime Business.”… More...
Finance Minister Flags Off 4th WCO-WCA Partners’ Conference
…AS CGC Adeniyi Champions New Era in Regional Trade Efficiency
By Babatunde Aremu
The Nigeria Customs Service (NCS) reaffirmed its position as a regional leader in trade reforms on Wednesday, 9 April 2025, at the opening of the 4th World Customs Organization (WCO) Donors’ Conference for the West and Central Africa (WCA) Region.… More...
Operational Excellence: Again , Customs CG, Adeniyi bags “Public Service Person of the Year” Award
By Babatunde Aremu
The Comptroller-General of Customs (CGC), Adewale Adeniyi MFR, was presented with the “Public Service Person of the Year 2024” award at the 17th edition of the Leadership Conference and Awards .… More...
Trade facilitation Reforms: NECA Commends Nigeria Customs Service
…As CGC Reaffirms Commitment to Business-Friendly Policies
By Babatunde Aremu
The Nigeria Employers’ Consultative Association (NECA) has commended the Nigeria Customs Service (NCS) for the recent policy reforms and operational improvements introduced under the current administration, particularly in the area of trade facilitation.… More...
CBN Governor, Finance Ministry, Hakeem Olanrewaju Confirm Attendance at MARAN Currency Swap Forum
By Babatunde Aremu
The Maritime Reporters Association of Nigeria (MARAN) has confirmed the participation of key government and industry leaders at its forthcoming breakfast meeting focused on the Nigeria-Peoples Republic Of China currency swap.… More...
Customs Issues First PAAR Under B’Odogwu Trade Modernisation System
By Babatunde Aremu
The Nigeria Customs Service (NCS) has announced the successful
issuance of the first Pre-Arrival Assessment Report (PAAR) under the B’Odogwu
(Unified Customs Management System), marking a significant milestone in the
Service’s commitment to technology-driven trade reforms.… More...
