first bank of nigeria News

Nigeria Customs Modernizes Trade with Improved Ruling System

Nigeria Customs is set to launch an “Advance Ruling” program to streamline customs clearance procedures and improve efficiency. This initiative aims to facilitate trade, achieve mutual benefits for all stakeholders, and contribute to economic development. The implementation of the Advance Ruling System is expected to provide traders with greater certainty and predictability regarding the classification, origin, and valuation of goods before importation, thereby reducing delays and costs associated with customs clearance. This will ultimately boost trade volumes and enhance Nigeria's competitiveness in the global market.

01/26/2026 Customs Knowledge

Guide to Costeffective Shipping from China to Nigeria

This article provides a detailed overview of various shipping methods, freight calculation, packaging techniques, and customs clearance considerations for mailing branded goods from China to Nigeria. It also addresses the cost of sending express packages from Nigeria to China. The aim is to help readers complete cross-border shipping safely, efficiently, and economically. It covers essential aspects of international express delivery to Nigeria, focusing on practical tips and cost-effective solutions for businesses and individuals involved in cross-border trade and logistics.

01/26/2026 Logistics Encyclopedia

Guide to Sending Money Via Swift Codes to Gtbank Nigeria

This article provides a detailed explanation of Guaranty Trust Bank (GTB) Nigeria's SWIFT/BIC code, GTBINGLAXXX. It elaborates on its use cases, importance, and precautions. Furthermore, it offers a guide on receiving international payments, aiming to assist users in conducting secure and efficient cross-border remittances. The information helps ensure smooth and accurate international transactions involving GTB Nigeria, minimizing potential delays or errors in the transfer process.

09/01/2025 International Settlement

Bank of Marshall Islands Expands International Transfer Services

This article provides information on the SWIFT codes of various banks in the Marshall Islands, ensuring a smooth and secure international wire transfer experience. If you cannot find the SWIFT code for a specific branch, you can use the headquarters' SWIFT code to process funds, reducing the risk of transfer errors.

08/20/2025 International Settlement

Bank of Baroda Kenya Launches New SWIFT Code

BANK OF BARODA (KENYA) LIMITED has released the SWIFT code BARBKENAELD to facilitate international remittances, ensuring secure and efficient transactions. Located in Eldoret, Kenya, the bank aims to enhance the experience of customers in cross-border fund transfers.