The Nigeria Customs Service has impounded a consignment of illicit drugs valued at N18m from suspected smugglers in Cross River State.The seizure, which occurred at the Mfum Border, was carried ...

Some companies use foreign trade zones by kind of becoming one — they can get their factory certified as an FTZ — that way they import parts tariff-free, assemble them into some new thing, and ...

One option is to store or manufacture goods in a foreign-trade zone (FTZ), sometimes called a free-trade zone. Much like bonded warehouses, foreign-trade zones operate across the country, ...