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FSDH Merchant Bank
The new Anti Money Laundering/Counter Financing Terrorism (AML/CFT) sanction regime announced by the Central Bank of Nigeria (CBN) has triggered a series of top management brainstorming sessions amongst banks over implications and implementation.
The Central Bank of Nigeria (CBN) has given exporters who failed to repatriate their proceeds a ninety-day moratorium to comply or face a complete ban on banking services in Nigeria.
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.
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.
“About 57per cent of the total foreign capital inflows into the Nigerian economy between January and May 2017 was recorded in April 2017 and May 2017 following the commencement of the I&E window on April 24, 2017,” they stated.
Four persons were killed and six others injured when Boko Haram raided Tunkushe village in Konduga local government area of Borno state on Friday.
The Nigerian Army, 1 Division Kaduna, on Saturday said it had neutralised 20 armed bandits and arrested three suspects at Jambrini Village in Maru Local Government Area of Zamfara.
Chairman of the Independent National Electoral Commission (INEC), Professor Mahmood Yakubu, has said that there will be no use of the electronic voting system in the 2019 general elections.
Argentina manager Jorge Sampaoli is reportedly planning changes for his team’s crucial match against Nigeria in St. Petersburg on Tuesday.
The Federal Capital Territory Authority (FCTA) has apologised for inconveniences caused the public by traffic diversion during Saturday’s National Convention of the All Progressives Congress (APC) in Abuja.
Mexico captain Rafa Marquez has become only the third player to play at five World Cups.
Senator Enyinnaya Abaribe’s Lawyer, Mr. Chukwuma-Machukwu Ume, SAN, has said his client was picked up by operatives of the Department of State Services, DSS, for allegedly aiding and abetting the proscribed Independent People of Biafra, IPOB.
Croatia midfielder Mateo Kovacic is confident his side will get the better of Argentina when they meet in the World Cup because they are “a better team” than the South Americans.
Kylian Mbappe became France's youngest-ever World Cup goal scorer at the age of 19 as his strike secured a 1-0 win for France that put them through to the round-of-16 and sent an unlucky Peru side out.
England need to be more clinical if they are to take care of Panama in their second game in Group G and put themselves on the brink of qualification to the knockout stage.