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Nigerians who sell new naira notes or spray cash at parties will now be tried at mobile courts and sent to six months jail as the Central Bank of Nigeria (CBN) mulls increasing the number of items on the not eligible for foreign exchange.
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.
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.
The EU published contingency plans for a “no-deal” Brexit on Tuesday, outlining a host of travel rights Britons would lose, from recognition of driving licences to loss of pet passports.
The Independent National Electoral Commission (INEC), says no fewer than 13,000 registered voters were yet to collect their Permanent Voters Cards (PVCs) in Kuje Area Council of the FCT.
The Peoples Democratic Party (PDP) has cautioned against “plot’’ to use the police as a tool to intimidate voters and rig the Irepodun/Ekiti/Oke-Ero/Isin Federal Constituency by-election in Kwara scheduled for Saturday.
The federal government has awarded Julius Berger Construction Company a N206 billion contract for the main work on the 2nd Niger Bridge.
Rob Shuter, the chief executive officer at MTN Group, says the group will acquire an independent banking licence in Nigeria by 2019.
President Muhammadu Buhari has declined assent to the Institute of Chartered Biochemist and Molecular Biologists of Nigeria Bill 2018, recently passed by the National Assembly.
Palm Springs, California, last year became the first locality in the U.S. to do so, according to the Victory Fund, which tracks lesbian, gay, bisexual, transgender and queer candidates and elected officials, NBC News reports.
Eden Hazard will step up his return from a back injury when Chelsea take on BATE in Belarus on Thursday, head coach Maurizio Sarri has confirmed.
Democrats have pledged to check U.S. president, Donald Trump, after seizing U.S. house control in Tuesday’s polls.
The Federal Ministry of Health (FMOH) says achieving a good health system will require collaborative efforts among partners in health.