SIFAX Shipping Partners ECU Worldwide To Boost LCL Export

SIFAX Shipping Company Limited, a subsidiary of SIFAX Group, has sealed a partnership deal with ECU Worldwide, the world’s number one LCL player, to boost export activities from Nigeria. Less-than-Container Load (LCL) is one of two main types of containerized transportation services. The other is Full-Container Load (FCL). LCL is optimal when you don’t fill up an entire…

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Lekki Freeport Terminal Resumes Business Activities Today After Strike Action

By Sylvanus OBASI, Lagos Normal business activities have resumed today at Lekki Freeport Terminal after the Nigerian Labour Congress and Trade Union Congress called off the strike for 5 days to allow a conclusive negotiations with the federal government which has accepted to pay an amount higher than the sixty thousand Naira it earlier proposed…

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Export: Customs To Facilitate More  Trade Through AfCFTA, AGOA – CGC

By Sylvanus OBASI, Lagos The Comptroller General of Nigeria Customs Service, Bashir Adewale Adeniyi has reiterated the service commitment to grow the Nigerian economy through enhanced trade facilitation tools leveraging on platforms and policies like the  African Continental Free Trade Area(AfCFTA) and the US government backed African Growth Opportunity Act (AGOA) .  Speaking in Lagos…

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ECONOMY: Naira May Appreciate #900 Per Dollar While Food Inflation Will Persist Till August – Expert

Following March inflation figures released by the Nigerian Bureau of Statistics (NBS), which showed inflation in the month of March to be at an all time high in recent years, tipping at 33.2%.  In this exclusive interview by PLATFORM REPORTERS editor, Sylvanus Obasi with Mr Johnson Chukwu, a financial expert and Group Managing Director, Cowry…

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Review Of Haulage Rates: Shippers’ Council, Maritime Stakeholders Deliberate On Way Forward 

By Sylvanus OBASI, Port Harcourt The Nigerian Shippers’ Council and representatives of various associations in the maritime industry, have ended a one day inclusive meeting for the review of haulage rates from the Eastern Ports to various destinations across the country. In a communique signed by various association representatives and at the end of the…

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Customs FOUC: Compt Kayode Bows Out After Making Seizures Worth Over N7b

By Sylvanus OBASI, Imo The Nigeria Customs Service, Federal Operations Unit Zone “C” has said that it seized contra-bands worth N7,577,259,390.00 between January 25th, 2023 and April 19th, 2024.  Outgoing Comptroller Kayode Kolade disclosed this in a farewell message while handing over to his successor and new Comptroller of the Unit, Mr Michael Ugbagu.  Kayode…

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What You Must Know About Newly Launched Single Window Initiative By FG

President Bola Tinubu on Tuesday launched the National Single Window initiative, a transformative project that will propel the nation’s economy to new heights. PLATFORM REPORTERS gathered that the initiative aims to modernise the way trade is conducted in the country, even as the Presidency will oversee the steering committee that will drive the reform.  The…

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Nigeria Customs Strengthens Collaboration With Benin Republic Counterpart

  By Sylvanus OBASI, Lagos. In an effort to strengthen the longstanding partnership between the Nigeria Customs Service (NCS) and its counterpart in the Republic of Benin, a high-powered delegation led by the Comptroller-General of Customs (CGC), Bashir Adewale Adeniyi MFR, embarked on a crucial mission to meet with the Director-General of the Customs Administration…

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PTML Customs Generates N66.9b, Targets Two Hour Clearance Time For Vehicles

By Sylvanus OBASI, Lagos. The Port Terminal Multiservices Limited (PTML) Command of Nigeria Customs Service has collected N66,920,181,586.30 as total revenue for first quarter of 2024 which is N22,198,965,809.55 higher than N44,721,215,776.75 collected between January and March 2023 representing 49.6 percent increase.  Comptroller Saidu Abba Yusuf, Customs Area Controller (CAC) of the command who described…

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