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Imported Used Vehicles Must Undergo VIN Valuation – NCS

Aina Ojonugwa, THEWILL -
August 28, (THEWILL) – The Nigeria Customs Service (NCS) has dismissed misleading reports and insisted that imported used vehicles, otherwise called tokunbo, must be subjected to Vehicle Identification Number (VIN) Valuation. A statement issued on Monday, by the National...
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BusinessOgochukwu Onwaeze, THEWILL -

Nigeria’s IMTO Inflows Hit Record $1.57bn as May, June Receipts Surge

Data from the Central Bank of Nigeria’s Q2 2026 Statistical Bulletin show that inflows totalled approximately $1.57bn between April and June, up from $1.18bn in the corresponding period of 2025.
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