DutyFree

Cognac Faces Blockade in Chinese Duty-Free Market Amid Tariff Dispute

9 days ago

In a significant turn of events, the iconic French spirit, cognac, has encountered substantial restrictions in China's duty-free market, sparking an escalating tariff conflict between France and China. This prohibition places cognac brands in a precarious position, limiting their access to one of the world’s fastest-growing consumer markets.

Nigeria Welcomes Its First Rice Shipment Under New Duty-Free Import Policy

1 month ago

In a significant move aimed at bolstering its agricultural sector and ensuring food security, Nigeria is set to receive its inaugural shipment of rice under the recently introduced duty-free import policy. This initiative, launched by the Nigerian government, seeks to alleviate the pressures on local producers and meet the growing demand for rice in the country.

Nigeria's Struggle with Duty-Free Food Waivers: A Glimpse into Economic Challenges

4 months ago

Nigeria's government is facing mounting pressure as it continues to overlook its commitment to implementing duty-free food waivers, a crucial policy designed to alleviate the mounting food prices burdening its citizens. Despite soaring inflation and escalating costs of essential commodities, the administration's inaction raises serious concerns over its ability to respond to the needs of its people effectively.

Labour's Budget Shift: Fuel Duty Freeze Sparks Controversy

4 months ago

In a surprising move, the Labour Party, under the leadership of Rachel Reeves, has announced a freeze on fuel duty as part of its budget plan. This decision has ignited debates among economists and the public, raising questions about its implications for the environment and the economy. The freeze allows motorists to fill up their tanks without facing additional financial burdens, a tactic that may be aimed at securing voter support ahead of the upcoming elections.