Archives for November, 2018 - Page 5
Banks refund N66bn, $18m, others to displeased customers
Banks in the country have returned huge sums of money in different currencies to some disgruntled depositors after they(banks) were reported to the Central Bank of Nigeria for…
Reps Decry Diversion Of $300m Levy By Shipping Companies
By Ngozi Onyeakusi ---The House of Representatives has raised alarm over how foreign shipping companies’ local agents are shortchanging the Federal government of revenue to the tune…
SEC inaugurates FinTech Roadmap Committee
Ngozi Onyeakusi -- The Capital Market Committee (CMC) has inaugurated a Market Wide FinTech Committee to come up with a FinTech Roadmap for the Nigerian Capital Market.…
CBN Boost Forex Market With Another $210m
By Ngozi Onyeakusi -- In its latest round of intervention, the Central Bank of Nigeria (CBN) on Tuesday, November 13, 2018, injected the sum of $210 million…
Nigeria To Auction N115b Bonds
Government of Nigeria is to auction by subscription N115 billion worth of bonds on November 21, 2018, the Debt Management Office (DMO) has said In a circular,…
Air Peace Regrets Delay In International Flight Take Off To …. Blames It On Aviation Politics
Air Peace has regretted the delay in starting its flights to long-haul routes, such as London, Guangzhou-China, Houston, Mumbai, Johannesburg, Dubai and Sharjah. Officer, Mrs Oluwatoyin Olajide,…
EFCC Intercepts N211 Million Worth Of Gold At Lagos Airport
Operatives of the Economic and Financial Crimes Commission, EFCC, have intercepted gold worth about N211 million being illegally transport through the Murtala Mohammed International Airport, Lagos…
Sterling Bank Launches World First Digital Commodity Marketplace
By Ngozi Onyeakusi -- Nigeria has set a new global record as the world’s first fully digital, end-to-end blockchain based commodity trading and financing platform was…
NAICOM Promotes Penetration Via Release Of New Insurance Distribution Guidelines
By Ngozi Onyeakusi -- In as effort geared towards promoting insurance penetration in the 36 states of the federation and the FCT, the National Insurance Commission (NAICOM)…
Stakeholders Decry Misuse Of Yet-To-Be-Commissioned Port Access Road
While yet to be completed, truck owners have already began using the stretch of the Wharf-Ijora access road to Apapa Port that is yet to be completed. And…