LAGOS JANUARY 30TH (NEWSRANGERS)-Dangote refinery is preparing to import crude from the US in the forthcoming months, signalling the increasing competitiveness of American barrels in the global market. This is according to reports from Bloomberg. Traders’ familiar with the matter disclosed that Trafigura Group has sold 2 million barrels of WTI Midland to the […]
LAGOS OCTOBER 11TH (NEWSRANGERS)-Findings by the Nigerian Tribune have revealed that some Nigerian port terminals, most especially Roll-On Roll-Off terminals, may be forced into shedding their staff strength due to the drop in volume of import units of vehicles by 60 percent. Checks by the Nigerian Tribune revealed that some Roll-On Roll-off terminals which used […]
LAGOS MARCH 8TH (NEWSRANGERS)-The Federal Operations Unit, Zone A of the Nigeria Customs Service (NCS) on Tuesday said its officials have busted and arrested a two-man syndicate who specializes in forging Customs clearing documents. This is even has the Unit revealed that as at the time of arrest, the syndicate were set to bring in […]
LAGOS JUNE 1ST (NEWSRANGERS)-The Federal High Court, yesterday, heard how 11 Philippines citizens, were arrested, at Apapa Port, Lagos, for allegedly importing 13.65 Kilograms of Cocaine into the country unlawfully. The Filipinos that were arrested and charged before Justice Nicholas Oweibo by the National Drug Law Enforcement Agency (NDLEA) are: Gerapusco Fidel; Antolin Reynante; Bechayoa […]
LAGOS NOVEMBER 2ND (NEWSRANGERS)-The Nigeria Customs Service (NCS) has said that it is ready to commence the collection of import duty with the e-naira recently introduced by the Central Bank of Nigeria (CBN). The National Deputy Public Relations Officer of Customs, Mr. Timi Bomodi, said that NCS is ready to embrace the e-naira on import […]
LAGOS NOVEMBER 21ST (NEWSRANGERS)-Nigeria, Africa’s biggest oil producer, is set to resume the importation of petroleum products from a neighbouring country, Niger Republic. The Ministry of Petroleum Resources announced on Thursday in a statement that the two countries signed a Memorandum of Understanding on Thursday for petroleum products transportation and storage. According to the statement, […]
LAGOS AUGUST 25TH (NEWSRANGERS)-In an effort to guarantee steady electricity supply, President Muhammadu Buhari has approved a one-year deferment of the 35 percent import adjustment tax (levy) imposed on fully built unit (FBU) electricity meters with HS Code 9028.30.00.00 under the 2019 fiscal policy measures for the implementation of Economic Community of West African States […]
LAGOS AUGUST 2ND (NEWSRANGERS)-The Akwa Ibom state government has revealed that it had imported 2,000 cattle from Brazil as part of efforts to produce sufficient meats in the state. The government also said it took the decision with a view to increasing protein intake for Akwa Ibom people and ensuring food sustainability in the state. […]
LAGOS FEBRUARY 21ST (NEWSRANGERS)- Nigeria’s state oil firm said on Tuesday it had spent $5.8 billion on fuel imports since late 2017, as it combats a fuel shortage that has left people queuing for hours at filling stations and hobbled an already-struggling economy. “The corporation’s intervention became necessary following the inability of the major and […]
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