ABUJA—DISTURBED by what it called high tariff by the Nigeria Customs Service, NCS, on import duty and the Federal Government’s proposed ban on importation of used vehicles into the country, the Association of Motor Dealers of Nigeria, AMDON, has written the Senate, seeking its intervention on the issue.

Standard Chartered Bank Nigeria Limited has disclosed plans of the group to enhance investments and leverage its unique footprint and international banking expertise to drive growth in Nigeria and other African countries. Through a new brand campaign, ‘Here for Africa’, the bank has stated its commitment to investing in Africa’s future, and continuing to support key growth sectors across local economies, including infrastructure, telecommunications, transport, retail and trade.

Following their landmark victory at the Lagos High Court which confirmed the Olusesi Royal Family as rightful owners of all land situated at Olugborogan Village, Lekki, in Eti-Osa Local Government Area of Lagos state, the family who has finally returned to their land after ten years in exile, has and warned land speculators to stop encroaching on their land.

Novare Real Estate Africa, a firm of real estate development that specialises in building state of the art commercial properties such as malls, and owners of Novare Lekki Mall, has concluded plans to commission the largest mall in Lagos which cost is put at whopping N31.5 billion this Thursday.

The National Insurance Commission (NAICOM) has suspended bancassurance partnership deals between insurance companies and banks indefinitely, following a dispute with the Central Bank of Nigeria. Commissioner for Insurance, Alhaji Mohammed Kari made this known at the investiture of Mr. Eddie Efekoha, Managing Director of Consolidated Hallmark Insurance, as the 20th Chairman of the Nigerian Insurers Association.