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NEWS

Customs Clarifies Use of Exchange Rates in Valuation Process

By Zainab Uzomah| Abuja The Nigeria Customs Service has issued a clarification following public debate over the exchange rates applied in import and export valuation. In a statement on Monday, the Service said it does not set or alter foreign exchange rates used in its operations. According to the statement signed by the National Public Relations Officer, Deputy Comptroller Abdullahi Maiwada, the rates used in the Customs digital clearance platform—known […]

todayFebruary 17, 2026 20

NEWS

Wike Approves N5 Million Penalty for Land Use Violations in FCT

By Toffa Momoh, Abuja Federal Capital Territory (FCT), Minister, Nyesom Wike, has approved the payment of five million Naira as a penalty for land-use violations in the nation’s capital, Abuja. The Minister disclosed this in his office while receiving the reports of the two ad-hoc Ministerial committees inaugurated to review the controversies surrounding River Park Estate and the other to review the Land uses/purpose clauses of land and properties at […]

todaySeptember 3, 2025 49

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