Trade facilitation: Customs unveils digital baggage import declaration
The Nigeria Customs Service, NCS has announced the deployment of a Simplified Baggage Import Declaration System at the Seme Area Command. This marks a new phase in its drive for digital innovation, trade facilitation, and improved passenger clearance processes. The initiative is designed to streamline baggage declaration, reduce clearance time, and enhance transparency for legitimate […]
Access Bank records N42.2bn profit in 9 months
Access Bank Plc has recorded a profit of N44.2 billion for the nine months ended 30 September 2014 based on improved efficiency, rising market share and strong risk management practices.
Stanchart-Premise Price Tracker reveals downward trend in prices
The newly introduced Standard Chartered-Premise Consumer Price Tracker (SC-PCT) has revealed a downward trend in consumer prices between August and September.
LAPO increases access to finance with AfDB’s $12m credit
LAPO Microfinance Bank (MfB) has said that the reason behind the $12 million (N1, 980,000,000) African Development Bank’s (AfDB) Line of Credit (LoC) granted it is to increase access to finance for small business owners especially women.
Bank customers defraud their banks —FITC
Financial Institution Training Centre, FITC has said that customers have also been found to be defrauding their banks.
Ecobank, Citibank, others support UK exporters with £3bn
United Kingdom Export Finance (UKEF), an arm of the UK Government that works as an export credit agency, has named Ecobank Nigeria as one of its partnering financial institutions to help deliver £3 billion Direct Lending Facility (DLF) support to UK exporters. Under the DLF, UKEF will provide loans to overseas buyers in order to finance the purchase of goods and services from UK exporters.
