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 […]
Nigeria hosts committee of 10 African Finance Ministers and Central Bank Governors
Nigeria will host a meeting of the Committee of Ten African Finance Ministers and Central and Regional Bank Governors, the C10, on Tuesday July 14, 2009 in Abuja, to discuss the prevailing global economic and financial crisis, its impact on African economies and possible mitigation measures.
NSE: Liquidity stalls market makers’ take-off
The inability of the five registered market makers by the Securities and Exchange Commission (SEC) to meet the liquidity requirement of the Nigerian Stock Exchange (NSE) has stalled the commencement of their operation in the nation’s stock market.
GTBank bags Euromoney’s Best Bank in Nigeria award
Guaranty Trust Bank (GTBANK) Plc, the first bank in Nigeria to be listed on the London Stock Exchange, has achieved another feat with its recent recognition by the pre-eminent international finance magazine, Euromoney, as the “Best Bank in Nigeria†at the 2009 Euromoney Awards for Excellence Dinner in London last week.
Interbank interest rate defy CBN guarantee, hit 22%
The interbank interest rate remained high last week touching the 22 per cent mark in defiance of the guarantee on interbank lending offered by the Central Bank of Nigeria (CBN).
ETB opens mega branch at Seme border
Equitorial Trust Bank has opend a mega branch in Seme border, Badagry to cater for the banking needs of residents and business organizations in the area.
