Tag: Sanction

NCAA Threatens Sanction Over Inappropriate Insurance Cover
August 14, 2023 No Responses

NCAA Threatens Sanction Over Inappropriate Insurance Cover

The Nigeria Civil Aviation Authority (NCAA) has threatened to sanction airlines and allied aviation services that violate the Nigerian Civil Aviation Regulations (Nig. CARs) 2022 on insurance cover for their equipment.  A statement issued on Sunday by the Director-General Civil...
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FRSC To Fleet Operators: Register Your Vehicles To Avoid Sanctions
March 1, 2022 No Responses

FRSC To Fleet Operators: Register Your Vehicles To Avoid Sanctions

The Federal Road Safety Corps (FRSC), Edo State Command has advised fleet operators yet to register their fleet in the state to do so to avoid sanctions.Mr Henry Benamaisia, the State Sector Commander of the corps, gave the advice on...
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Sierra Leone To Sanction Ships Violating IMO Measures From Sept 1
August 15, 2021 No Responses

Sierra Leone To Sanction Ships Violating IMO Measures From Sept 1

Ships calling to ports in Sierra Leone could face serious fines if found in violation of the International Maritime Organisation (IMO) 2020 measures.  From 1 September 2021, ship owners and operators risk penalties of up to $15,000 should they continue...
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41 Items: CBN To Sanction Firms, Directors
December 11, 2018 No Responses

41 Items: CBN To Sanction Firms, Directors

The Central Bank of Nigeria (CBN) is to sanction Banks, their customers, firms that abuse its policy restricting foreign exchange (forex) allocation to 41 items.  According to the CBN, culprits are to be investigated by the Economic Intelligence Unit of.....
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