AfrikNews

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Court orders CBN, 4 others to pay N5.5b judgment debt before Sept 1 over Customs’ unlawful rice seizures.

Court orders CBN, 4 others to pay N5.5b judgment debt before Sept 1 over Customs’ unlawful rice seizures. The Federal High Court, Abuja has ordered the Central Bank of Nigeria (CBN) and four other banks to pay N5.5billion judgment debt in an interest yielding account before September 1. Other affected banks are Fidelity, Access, UBA […]

Adopting Electronic System of Verifying Military Pensioners in Nigeria, by Saburi Abayomi Lawal

Adopting Electronic System of Verifying Military Pensioners in Nigeria, by Saburi Abayomi Lawal   INTRODUCTION 1. The Military Pensions Board (MPB) is statutorily charged with the administration and payment of gratuities and pensions of military retirees as well as payment of death benefits to Next-of-Kins (NOKs) of deceased personnel of the Armed Forces of Nigeria […]

Emirates Suspend Nigeria Flights 24 Hours Ahead Of Planned Resumption

Emirates Suspend Nigeria Flights 24 Hours Ahead Of Planned Resumption       Emirates’ flights to and from Nigeria will remain suspended until 15 August 2021, the United Arab Emirates (UAE) carrier has said foreclosing resumption of flights between the two countries by today (Thursday, August 5) as earlier announced. This is coming 24 hours […]

FG Appoints Eight Transaction Advisers For $6.2bn Eurobonds

FG Appoints Eight Transaction Advisers For $6.2bn Eurobonds       Preparatory to the issuance of N2.343 trillion ($6.2 billion) Eurobonds in the International Capital Market (ICM) to partly finance its N5.2 trillion 2021 Budget deficit, the federal government has appointed eight international and domestic transaction advisers. The Eurobonds to be issued are for the […]