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Five banks fined N1.4bn for forex infractions, others
- September 22, 2021
- Posted by: admin
- Category: Digital Economy, Economy, Latest News
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Five top banks in Nigeria paid a total of N1.4bn as penalties to financial regulatory bodies such as the Central Bank of Nigeria, Security Exchange Council and Financial Reporting Council of Nigeria, in the first half of the year. The banks are the United Bank of Africa, Fidelity Bank, Access Bank, Guarantee Trust Bank and
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UK employs 353 Nigerian doctors in 100 days
- September 22, 2021
- Posted by: admin
- Category: Economy, Health, Latest News
At least no fewer than 353 Nigerian doctors have been registered to work in the United Kingdom in the last 100 days. Checks on the website of the General Medical Council – the body which licenses and maintains the official register of medical practitioners in the UK – showed that the GMC licensed at least
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U.S. to open air travel to most vaccinated foreigners
- September 22, 2021
- Posted by: admin
- Category: Latest News, Marine & Aviation, Tourism
The U.S. will soon allow entry to most foreign air travelers as long as they’re fully vaccinated against Covid-19 — while adding a testing requirement for unvaccinated Americans and barring entry for foreigners who haven’t gotten shots. The measures announced Monday by the White House mark the most sweeping change to U.S. travel policies in
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Nigerians to pay more for electricity as FG ends N30bn monthly subsidy
- September 21, 2021
- Posted by: admin
- Category: Economy, Energy, Latest News
More difficult times await Nigerians in the months ahead as the Federal Government yesterday announced it is ending the N30 billion monthly electricity subsidy by January 2022. The decision is also to affect all forms of subsidies hitherto extended to operators in the power sector value chain. The Special Adviser to the President on infrastructure, Ahmed
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Herders with guns risk 21-year imprisonment as Sanwo-Olu signs bill
- September 21, 2021
- Posted by: admin
- Category: Agriculture, Economy
The Lagos State Government has prohibited cattle herders from owning or carrying guns, saying herders in possession of firearms will face 21 years imprisonment. This was part of the provisions of the Bill Prohibiting Open Cattle Grazing and Trespass of Cattle on Land signed into law by the state governor, Mr Babajide Sanwo-Olu, on Monday,
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Sanwo-Olu signs anti-open grazing bill into law
- September 20, 2021
- Posted by: admin
- Category: Agriculture, Economy, Latest News
Lagos State Governor Babajide Sanwo-Olu has signed the bill prohibiting open cattle grazing in the state into law. Sanwo-Olu, who assented to the bill during the State’s Executive Council meeting in Alausa on Monday, directed the security agencies to swing immediately into action and enforce provisions of the law. He said that by implication, it
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Buhari Approves Incorporation Of NNPC, Appoints Senator Ifeanyi Ararume Board’s Chairman
- September 19, 2021
- Posted by: admin
- Category: Economy, Energy, Latest News
President Muhammadu Buhari, has directed that the Nigerian National Petroleum Company Limited be incorporated. He also approved the appointment of the Board and Management of the NNPC Limited with Senator Ifeanyi Ararume as Chairman. The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, was appointed Chief Executive Officer. This was
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Changes To International Travel Rules To England, October 4
- September 18, 2021
- Posted by: admin
- Category: Latest News, Tourism
From 4am Monday 4 October 2021, the rules for international travel to England will change from the red, amber, green traffic light system to a single red list of countries and simplified travel measures for arrivals from the rest of the world. The rules for travel from countries and territories not on the red list
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PFAs secure micro pension N177.38m fund in high yielding securities
- September 17, 2021
- Posted by: admin
- Category: Insurance & Pensions, Latest News
Pension Fund Administrators (PFAs) are keenly investing parts of funds contributed by micro pension contributors, in two major investment portfolios – federal government securities and local money market securities to enable them effectively grow the funds. Data obtained from the National Pension Commission (PenCom) revealed that pension operators invested N55.63 million in federal government securities
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2021 NAIPCO Annual Conference Holds In Lagos October 14.
- September 13, 2021
- Posted by: admin
- Category: Economy, Insurance & Pensions, Latest News, Marine & Aviation
The National Association of Insurance and Pension Correspondents (NAIPCO) has concluded plans to hold its 2021 annual conference in Lagos on Thursday, October 14th, 2021 With the theme; ‘COVID-19 Impact On Financial Inclusion; Opportunities For Insurance and Pension Sectors,’ the conference, will hold at Oriental Hotel, Lekki Road, Lagos. According to the Chairman, 2021 NAIPCO