Nigerian banks create dollar debit cards for PTA, BTA payments
Nigerian deposit money banks have created debit cards for accessing foreign exchange for legitimate needs by the end-users.
Such legitimate needs include Business Travel Allowance (BTA), Personal Travel Allowance (PTA), school fees and medicals.
This is in line with the directive...
Three Easy Steps To Fast-track Nigerian Passport Renewal Process This December – NIS
The Nigerian Immigration System (NIS) has released three easy steps to fast track passport renewal process in December.
A tweet shared on NIS page on Thursday broke the steps down in bits: “Nigerians in Diaspora; Three Easy Steps to Fast-track your...
Many Feared Dead As 40-Feet Container Falls On Cars In Lagos-[VIDEO/PHOTOS]
Just three days away to Christmas celebration, many people have been reportedly killed as a 40-feet container fell on cars in Lagos State.
https://twitter.com/i/status/1605901649834303492
As at the time of compiling this report, nobody could ascertain the cause of the fall as...
Nigeria’s elite stole N16.25 trillion crude oil in 12 years, says NEITI
About 619.7 million barrels of crude oil, valued at $46.16 billion or N16.25 trillion, have been stolen in the last 12 years, Nigerian Extractive Industry Transparency Initiative (NEITI) has said.
NEITI disclosed this, yesterday, in a statement signed by its...
N80b USSD debts weaken digital channels as new naira notes arrive
• Visit your bank today for redesigned bills, CBN urges Nigerians • Fasua: Nigeria should join the global trend
• Pay attention to real challenges, let e-payment evolve naturally, says Yusuf • ALMPO to engage CBN on negative impacts of...
Vessel acquisition: President Buhari approves disbursement of cabotage vessel financing fund
…Appoints Union, Zenith, Polaris, UBA and Jaiz Banks as Primary Lending Institutions.
…N16bn, $350m available for Disbursement — Jamoh
President Muhammadu Buhari, GCFR, has approved the immediate disbursement of the Cabotage Vessel Financing Fund, CVFF, to qualified Nigerians as part of...
CBN pegs ATM withdrawal at N20,000 daily for individual account
The Central Bank of Nigeria (CBN) has announced a new policy on over-the-counter withdrawals, effective 9th January, next year.
The apex bank has mandated deposit money banks and other financial institutions to ensure that over-the-counter cash withdrawals by individuals and...
Sanwo-Olu Disbands Landed Properties Special Operations Team
The Lagos State Government has been flooded with complaints over the untidy activities of the Landed Properties Special Operations Team under the Lagos State Building Control Agency (LABSCA), which is under the Ministry of Physical Planning.
After a careful examination...
Emefiele Indicts Petroleum Minister, Says NNPC Now Remits Zero Dollar Under Buhari From $3bn...
Crude oil sales receipt into Nigeria’s official reserves is on a downward slope following recent non-remittance to the Central Bank of Nigeria (CBN).
This latest development was revealed by Godwin Emefiele, the CBN governor, over the weekend, where he explained...
Fidelity Bank Showcases Best of Nigerian Non-oil Exports at FITCC
In what has been termed the largest trade exhibition by Nigerian-based businesses in the United Kingdom in recent times and a major move in increasing Nigeria’s foreign exchange earnings, Fidelity Bank Plc has hosted the maiden edition of its international trade...
