Customs approves 4 bonded terminals in South-East
The Nigeria Customs Services (NCS) has created four bonded terminals in the South-East to boost economic activities in the zone, an official has said. The Assistant Comptroller of Customs in-charge o...
By InstantWarehouseNG
FG to boost vehicle assembly industry with N300bn
As part of measures to accelerate the development of Nigeria’s automotive industry, the Federal Government plans to inject N300 billion into local vehicle assembly plants. This is to support th...
By InstantWarehouseNG
Bonded terminal operators condemn examination of export container at ports
Chairman, Association of Bonded Terminal Operators of Nigeria (ABTON), Isreal Ubanga, has frowned against the practice of examining export containers at the port by officials of the Nigeria Customs Se...
By InstantWarehouseNG
Nigeria’s Steel Import Bill Hits $3.3 billion Yearly – Minister
Minister of State for Mines and Steel Development, Abubakar Bwari, has said Nigeria imports $3.3 billion worth of steel and associated derivatives yearly. Addressing the 16th Mines and Money in Londo...
By InstantWarehouseNG
5,000 bags of rice expire at Customs warehouse
A total of 5,646 bags of 50kg foreign parboiled rice worth N124, 776, 600 seized by the Western Marine Command (WMC) of the Nigeria Customs Service have expired in the warehouse. The expired bags of ...
By InstantWarehouseNG
NIMASA forecasts maritime industry to grow by 10 %
The Nigerian maritime industry has been projected to grow by 10 percent within the next two years. This was contained in the Nigerian Maritime Industry Forecast covering the period 2019/2020, unveile...
By InstantWarehouseNG
Property value plunges by 30% in Apapa due to gridlock
The perennial gridlock in the port city of Apapa, Lagos, is exerting enormous toll on the value of landed property in the area, according to findings by SHIPS & PORTS DAILY. A study conducte...
By InstantWarehouseNG
4 Trends Shaping the Warehouse of Tomorrow
Demand from e-commerce is pushing up warehouse rents, and properties that may have satisfied tenants just a couple of years ago simply aren’t measuring up to today’s demands. And they cert...
By InstantWarehouseNG
Nigeria, Czech Republic Partner On Mining Development
Abubakar Bawa Bwari, Minister of State for Mines and Steel Development (MMSD), has expressed willingness to partner the Czech Republic in the growth of the mining sector in line with the economic di...
By InstantWarehouseNG