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The Central Bank of Nigeria, CBN, has provided further guidance to Deposit Money Banks, DMBs, on the operational changes to the foreign exchange market announced on 14 June 2023. The CBN highlighted some of the key points of the guidance as follows: All visible and invisible transactions (medicals, school fees, BTA/PTA, airline, and other remittances) […]
– Seeks Court Order To Reverse Funds Globus Bank Limited has filed a suit before a Lagos High Court, seeking an order to reverse funds from the accounts of fraudulent beneficiaries domicile in eight commercial banks. According to an affidavit sworn-to by the Legal Officer of the Bank, Kosisochukwu Ngene, the application was filled in […]
WELCOME TO FORTUNE GARDEN ESTATE OGWASHI-UKU DELTA STATE (AKA THE CITADEL GARDENS) Totally free from government acquisition. The estate is in a built-up area. You can start building immediately. Very suitable for HOSTELS, RESIDENTIALS, HOTELS AND ANY OTHER COMMERCIAL PURPOSES. Flexible payment plans available for 3 months, 6 months, 9 months and 12 months respectively. […]
The Asset Management Corporation of Nigeria, AMCON, has renewed its legal battle against Maevis Limited and three of its Directors, in an effort to recover alleged indebtedness of over N6.7billion. Other defendants joined in the suit are three Directors of Maevis, namely; Babatunde Ayoola Fagbemi, Olatokunbo Adenike Fagbemi, Bosede Olubunmi Owolabi […]
*JUNE 15* It’s a development by The Magnificent *Location:* Eleko, Ibeju Lekki Own a property in the thriving town of Ibeju Lekki June 15 is a blend of residential and commercial hubs redefining the concept of thriving and healthy communities in Lagos. It stands out as it directly faces Eleko Junction by the Lekki – […]
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– Says Report About Phasing Out New Naira Notes Is Fake The Central Bank of Nigeria, CBN, has distanced itself from reports claiming it plans to phase out the newly redesigned naira notes. CBN Acting Director, Corporate Communications Department, Isa AbdulMumin, made this known via a statement issued on Sunday, April 30. The CBN official […]
Multichoice Nigeria, has announced an upward review of prices on its DStv and GOtv packages by 17 per cent. This was confirmed via a text message sent to customers, on Tuesday, that the new rates will take effect on 1 May 2023. The pay-tv firm said in an internal memo that the price adjustment was […]