Charges Archives — City Business News

July 27, 2022 No Responses

Court Remands Man For Allegedly Stealing N11.27m From Fidelity Bank

An Ikeja Special Offences Court on Tuesday remanded a 32-year-old man, Sedeliu Iziomo, in a correctional facility for allegedly stealing N11.27 million from Fidelity Bank Plc. The News Agency of Nigeria (NAN) reports that Iziomo is charged with a two-count...

January 28, 2022 No Responses

CBN Reduces Charges On Electronic Transactions

The Central Bank of Nigeria (CBN) has announced a downward review of charges for electronic banking transactions in its revised guidelines to charges by Banks, Other Financial Institutions (OFIs) and Non-Bank Financial Institutions. A circular by Chibuzor...

August 22, 2021 No Responses

Shippers Seek Stoppage Of Excessive Charges For Groupage Containers

President, Shippers Association of Lagos (SAL), Rev. Jonathan Nicole, has called for the stoppage of excessive charges for groupage containers in Nigeria. Nicole said this in a statement on Saturday in Lagos. The term groupage refers to a type...

June 30, 2021 No Responses

Shippers’ Council Seals APMDC Over Arbitrary Charges

The Nigerian Shippers’ Council (NSC) has shut down the operations of the Associated Port & Marine Development Company (APMDC) over alleged arbitrary charges. A statement issued on Tuesday by NSC Head, Public Relation...

June 1, 2021 No Responses

Shippers Council, Stakeholders Hold Terminal Charges Negotiation

The Executive Secretary, Nigerian Shippers’ Council (NSC), Mr Hassan Bello, on Monday explained that the council has not increased its terminal charges. Bello disclosed this at the sideline of an interactive session between the NSC, the Fede...

January 20, 2021 No Responses

AfCFTA: Customs Awaits Report On List Of Duties, Charges For Waived Goods

The Nigeria Customs Service (NCS) is waiting for National Action Committee (NAC) on the list of duties and charges waived for liberalised goods under African Continental Free Trade Area (AfCFTA). The service made this known in a statement issued by...

December 23, 2019 No Responses

CBN Reviews Bank Guidelines, Slashes Charges

The Central Bank of Nigeria (CBN), has reviewed downward charges and fees for banking services. This is contained in the new guidelines for banks, other financial, and non-bank financial institutions released by the apex bank on Sunday in Abuja. According...

May 1, 2018 No Responses

Panasonic To Pay $280m Corruption Fine

Japanese electronics giant Panasonic has agreed to pay more than $280m (£203m) to resolve charges brought under US anti-corruption law. The US said the firm’s in-flight entertainment division hired consultants for “improper” purposes and con...