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Truck influx: Lagos assess Lekki e-call up compliance level

Truck influx: Lagos assess Lekki e-call up compliance level

•Stresses need to optimize truck activities  By Olasunkanmi Akoni The Lagos State Government has met with stakeholders in Lekki Free Trade Zone to assess the effectiveness and compliance level of the newly deployed e-call up system within the axis. Special Adviser to the Governor on Transportation, Sola Giwa, stressed that this initiative is crucial in preventing […]

New FX scheme: Banks to open domiciliary accounts for participants

New FX scheme: Banks to open domiciliary accounts for participants

By Elizabeth Adegbesan The Central Bank of Nigeria, CBN, has directed Commercial, Merchant, and Non-Interest Banks (CMNIBs) to, among other things, open domiciliary accounts for participants in its new guidelines on foreign currency disclosure, deposit, repatriation and investment scheme, 2024. A statement from CBN yesterday, the apex bank said: “CMNIBs shall open domiciliary accounts designated for […]