Saturday, July 4, 2026

Free On Board (FOB)

September 15, 2025

Tinubu suspends 4% FOB levy on imports over economic concerns

Stakeholders argued that the FOB levy is estimated to add N4 trillion annually to freight costs, a burden that would be transferred directly to consumers.

President Bola Tinubu
May 17, 2023

Customs intercepts tramadol worth N1.8 billion at Lagos airport

Customs intercepts tramadol worth N1.8 billion at Lagos airport

Nigeria Customs Service (NCS)