E-evaluator and E-invoicing is an initiative of the CBN aimed at ensuring accurate and fair value is assigned to goods imported and exported to and from the country. This initiative is expected to curb over and under-invoicing as well as manage price variations, thus aiding the CBN in reducing capital flight, managing foreign exchange allocation and enhancing efficiency in supply chain flows.
Browsing: Standard Chartered Bank
President of the Republic of Zambia, Hakainde Hichilema, officiated at the event and unveiled the plaque of this iconic, energy-efficient building located in the new business district of Lusaka, Zambia.
Go back to the late 1990s, when the Singapore government first started issuing bonds. It was relatively easy for income investors – the 10-year bond yield was hovering over 4% and therefore this could play a significant anchor role in any allocation, with other allocations – such as REITs – being used to ‘juice up’ the yield to over 5%.
The bank further announced an additional share buy-back programme together with the resumption of the interim dividend payment.
Gbajabiamila said this when he hosted the Board and Management of the Standard Chartered Bank, led by the Chief Executive Officer, Lamin Manjang, on Monday in Abuja.
The order was handed down on Thursday by the court following a legal proceeding instituted against the Speaker by the Economic and Financial Crimes Commission
Through the collaboration, Standard Chartered and Airtel Africa will work together to co-create new, innovative products aimed at enhancing the accessibility of financial services and, ultimately, better serve people across Africa.
The launch was carried out on Thursday.
The Minister of State, Aviation, Senator Hadi Sirika, has disclosed that the national carrier (Nigeria Air) project was not suspended because of lack of investors.
An official of CBN, who pleaded anonymity while confirming this to the News Agency of Nigeria in Lagos, said he could not immediately give details, but the apex bank would issue a statement on the matter later.
The banks were accused by the CBN of issuing irregular Certificates of Capital Importation on behalf of some offshore investors of MTN Nigeria Communications Limited
Announcing the decision in Abuja on Wednesday, CBN’s Director, Corporate Communications, Isaac Okorafor, said the actions on the Bank became necessary following allegations of remittance of foreign exchange with irregular Certificates of Capital Importation issued on behalf of some offshore investors of MTN Nigeria Communications Limited and subsequent investigations carried out by the apex bank in March 2018
The bank has had its logo on the team’s shirt since it became its main sponsor in July 2010 for eight seasons in the Merseyside club’s second-longest sponsorship deal.
Also, Shell Companies in Nigeria awarded contracts worth over N230 billion to Nigerian contractors in 2017, representing 94 per cent of the total contracts in that year
Long considered a backwater, Africa has emerged as the world’s No. 2 banking market in terms of both growth and profitability.
The Nigerian Bureau of Statistics, in its Capital Importation Q2 2017 Report, stated that Stanbic IBTC accounted for 32.91 per cent ($589.84 million or N216.47 billion) of the total share during the period, representing an increase of 9.12 per cent over the $536.78 million it posted in the first quarter of the year
According to a report in the Senate, the IOCs have allegedly denied the country of $62,909,716,417 billion between August 2009 and December 2014
Obasanjo said this at the Pro. Gabriel Fakeye Memorial Lecture entitled: “The Challenge of Good Governance, National Stability and Development,” at Cherubim and Seraphim Movement Church, Ayo Ni O
Under the MoUs signed in Lagos in November, Access Bank, Skye Bank, Zenith Bank, Stanbic IBTC Bank, First Bank, Standard Chartered Bank, First City Monument Bank and Guaranty Trust Bank have set aside $2.2 billion for contract execution by Nigerian firms
The Minister of Trade and Investment, Okechukwu Elenamah; the Founder of Diamond Bank, Pascal Dozie; Founding Partner, Aluko & Oyebode, Gbenga Oyebode; the Chairman, Aeromaritime Group, Victor Odili; and Ahmed Dasuki along with four banks have been accused of illegal repatriation of funds for MTN