Trade Global: Export Finance Options For Nigerian Exporters

Introduction: The potential of Nigeria’s non-oil export sector to drive growth, economic diversification and job creation is well documented. Classified by the Central Bank to include agricultural produce, mineral resources, semi-manufactured goods, manufactured products and non-traditional exports, non-oil export trade is generating sustained interest from many Nigerians; especially in the light of extant macroeconomic realities….

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Lilypond Customs Command Boosts Nigerian Economy With Over $236m Export Proceeds In Q1

By Sylvanus OBASI, Lagos Despite Nigeria’s numerous economic challenges and and woes in 2024 which was occasioned by unstable exchange rate, the Lilypond Export Command of the Nigeria Customs Service has reported outstanding performance in the first quarter of 2024 through concerted efforts and strategic measures, the Command said it has facilitated the export of…

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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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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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Compt Jaiyeoba Harps On Benefits Of Compliance As Apapa Customs Collects N489b In Q1,

By Sylvanus OBASI, Lagos The Apapa Command of Nigeria Customs Service (NCS) has collected N489,614,095,022.15 as total revenue for the first quarter of 2024, which is over a hundred per cent higher than the  N212.5b collected same period of 2023 Customs Area Controller (CAC) of the command, Comptroller Babajide Jaiyeoba, commended the officers and port…

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Tin-can Customs Generates Over #230b In 11 Weeks, Intercepts Illicit Drugs, Fire Arms, Other Items

By Sylvanus OBASI, Lagos The Tin-can Island Command of the Nigeria Customs Service said it has generated a whooping sum of two hundred and thirty billion, three hundred and two million, seven hundred and forty-three thousand, twenty three Naira, forty seven kobo (N230,302,743,023.47) for the period of 11 weeks covering January 1 to March 13,…

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Onne Customs Command Bags CGC’s Commendation Letter For Consistently Breaking Revenue Records

By Sylvanus OBASI, Lagos The Nigeria Customs Service, Area II Command, Onne Port, Rivers State has recorded an unprecedented, historical milestone in the area of revenue generation. An overwhelming daily revenue collection of twenty two billion, one hundred and eighty four million, eight hundred and ninety nine thousand, five hundred and eight naira (₦22,184,899,508.00) in…

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