According to Vanguard Business, stakeholders in Nigeria's automobile and maritime sectors have identified delays and high clearing costs as significant factors driving car importers to use neighboring countries' ports and engage in smuggling. The Nigeria Customs Service reported the seizure of 870 smuggled vehicles valued at N3.88 billion over a 15-month period.

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.

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.

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.

Nigerian marketers have confirmed that they have received new fuel import licences from the Federal Government for the third quarter of 2026. This development is expected to ensure a stable supply of petroleum products across the nation.