MILK IMPORTATION INTO NIGERIA: NO FOREX?
Milk importation into Nigeria will no longer be a free-for-all ride. The reason is because milk importation into Nigeria will be added to items restricted for foreign exchange. Governor of the Central Bank of Nigeria, Godwin Emefiele gave this hint on Tuesday 23 July, 2019. The Governor made this known while addressing journalists at the end […]
CTN: NIGERIA CUSTOMS TO RETURN CTN IN 2019?
CTN – Cargo Tracking Note may seem a rather strange term to most importers. Especially so, if you were not around the logistics industry in the year 2009 when CTN was first introduced into Nigeria. At seeing the abbreviation – CTN, some would think it’s a short form of container. Others may look at it […]
STARTING TO IMPORT TO NIGERIA: HOW TO DO IT
Starting to import to Nigeria requires some knowledge for success. When importing goods from any country to Nigeria, you’ll need to: Check which government agency regulates the commodity. Most commodities are regulated by the Standard Organisation of Nigeria. Find out the Customs tariff code to classify your goods for duty, levy, and tax. Get rough estimate […]