Home Topics Business Travel Allowance

Business Travel Allowance

CBN boosts forex market with $100m, warns erring banks

In an apparent move to safeguard the interest of customers seeking to purchase foreign exchange for personal obligations and checkmate any attempt at causing panic in the market, the Central Bank of Nigeria (CBN) on Thursday, May 24, 2018, released the sum of $100 million into the Nigerian Forex market.

Bankers’ Committee to support federal govt’s plan on job creation

The Bankers’ Committee says it has agreed to support Federal Government’s plan to conduct a focus-lab on three selected areas of the economy to accelerate investment and boost job creation.

Forex: Banks cancel commissions on PTA, tuition, medical bills

Members of the Bankers’ Committee have agreed that banks in the country should stop charging commission on the sale of foreign exchange to customers, particularly those meant for Personal Travel Allowance, Business Travel Allowance, tuition and medical bills payment.

Recent Stories

Festus Keyamo

Senate confirms Festus Keyamo as NDIC board member

The senate has confirmed Festus Keyamo, spokesman of the President Muhammadu Buhari 2019 campaign, as a board member of the Nigeria Deposit Insurance Corporation (NDIC).

Oil rises to $61 on Libyan supply cut

The American Petroleum Institute (API) said on Tuesday that U.S. crude inventories dropped by 10.2 million barrels last week, more than analysts had forecast. Official inventory figures are due later on Wednesday.
Femi Gbajabiamila

Electoral Act: APC Reps will stop override of Muhammadu Buhari’s veto – Femi Gbajabiamila

The Majority Leader of the House of Representatives, Femi Gbajabiamila, has said the All Progressives Congress (APC) caucus in the House would scuttle any plan to override President Muhammadu Buhari’s veto of the 2018 Electoral (Amendment) Bill.
Police in Jersey City have been placing fake Amazon packages outside people’s homes to catch thieves

Police use cameras and fake Amazon boxes with GPS to catch thieves

Police in Jersey City have been placing fake Amazon packages outside people’s homes to catch thieves, reports the Associated Press. Using GPS trackers and doorbells cameras provided by Amazon, police are able to track and apprehend would-be thieves.

Eliminating corruption in Nigeria’s electoral process

The INEC boss noted further that “vote-buying is illegal, undemocratic and morally poignant and a threat to the sanctity of the ballot.