The Nigeria Customs Service has intercepted smuggled goods valued at N274 million in Cross River, which included vegetable oil and used tyres. This action aims to protect local industries from the impact of smuggling.

Importers and clearing agents in Nigeria are expressing concerns over high demurrage costs at seaports, which they attribute to delays caused by the National Single Window (NSW) platform affecting cargo clearance. According to Lucky Amiwero, the National President of the National Council of Managing Directors of Licensed Customs Agents, importers are incurring daily demurrage fees of N100,000 due to these prolonged processes.

The Ogun I Area Command of the Nigeria Customs Service reported a notable increase in revenue and substantial seizures of smuggled goods totaling ₦4.63 billion over a three-month period, along with the arrest of multiple suspects. This development highlights ongoing efforts to combat smuggling in the region.

The Ogun Customs has reported the seizure of contraband items valued at ₦4.63 billion, which included various goods such as foreign rice, cannabis, petroleum products, footwear, tyres, sugar, second-hand clothing, and pharmaceuticals. This operation has resulted in a revenue increase of 238%, according to Afeni.

Nigeria's manufacturing sector reported a record remittance of N329.59 billion in Value Added Tax (VAT) for the first quarter of 2026, marking the highest quarterly contribution in four years, according to Punch.

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has granted new fuel import permits to seven major oil marketers amid rising concerns about domestic fuel supply levels. This approval is part of a fresh round of permits for the third quarter of 2026, aimed at ensuring adequate fuel availability in the country, according to Vanguard Business.