Starting an import business in March 2026 is exciting but risky. With the new National Single Window launching this month, the barrier to entry is lower, but the cost of a mistake is higher. Here is your ‘Safe Start’ checklist.
1. Verify the ‘Real’ Supplier
In 2026, scammers use AI-generated websites to mimic reputable manufacturers. Before sending a dollar, check the supplier’s Credit Report via platforms like D&B or request a video tour of their facility. Never pay 100% upfront to a new contact.
2. Confirm the 2026 Duty Rate
Don’t guess your costs. Use the B’Odogwu portal to check the current HS Code duty. Remember, the exchange rate is pulled live from the CBN. As of March 2026, the rate is approximately ₦1,400/$1. Use our Duty Calculator for help.
3. The ‘Trial Shipment’ Strategy
For your first time, don’t ship a 40ft container. Start with a Less than Container Load (LCL) or an airfreight sample. This tests your clearing agent’s speed and the accuracy of your documentation.
Conclusion
Due diligence is your insurance policy. For a list of red flags, see Customs Inspection Triggers.