Friday, December 27, 2019

Fccpc Release N50 Stamp Duty POS Charge

Tuesday, December 24, 2019: In recent times, there has been significant contention with respect to merchant imposed N50 stamp duty assessments on consumers for transactions. This imposed fee is supposedly a pass through for onward transmission as a government mandated surcharge.

Sunday, December 22, 2019

CBN SLASHES Bank Charges in Revised Guidelines

In furtherance of its quest to make financial services more accessible and affordable to various stakeholders in the economy, the Central Bank of Nigeria (CBN) has reviewed downward most charges and fees for banking services as contained in the new Guide to Charges by Banks, Other Financial, and Non-bank Financial Institutions, with effect from January 1, 2020.

Tuesday, December 17, 2019

VISA ON ARRIVAL AT POINT OF ENTRY FOR AFRICAN COUNTRIES


The Nigeria Immigration Service has made clarifications regarding Visa on Arrival at the point of Entry, for holders of passports of African Countries.
A statement by the Service' Public Relations Officer, Sunday James indicates that the Visa on Arrival at the point of Entry with effect from January 2020 was introduced to accelerate African Integration.
Nigeria took the strategic decision to break barriers that hinder free movement of people within the continent.

Saturday, December 14, 2019

HOUSE INTERVENES TO AVERT NATIONWIDE BLACKOUT

THE LOOMING  NATIONWIDE BLACKOUT THREATENED  BY NATIONAL UNION OF ELECTRICITY EMPLOYEES HAS CAUGHT THE ATTENTION OF THE HOUSE OF REPRESENTATIVE
TO THIS END, THE LAWMAKERS AT WEDNESDAYS PLENARY FOLLOWING A MOTION BY THE DEPUTY MINORITY LEADER DECIDED TO MEET UNION REPRESENTATIVES TO AVERT THE INDUSTRIAL ACTION.

HOUSE COMMITTEES ON NDDC AND WORKS

The Acting managing Director of Niger Delta Development Commission Mrs Joy nunieh has during a session with the House of representatives committee on NDDC to defend the commissions budgetary spending informed the lawmakers that all emergency contracts awarded will be suspended.

VISA ON ARRIVAL AT POINT OF ENTRY FOR AFRICA COUNTRIES


The Nigeria Immigration Service has made clarifications regarding Visa on Arrival at the point of Entry, for holders of passports of African Countries. A statement by the Service' Public Relations Officer, Sunday James indicates that the Visa on Arrival at the point of Entry with effect from January 2020 was introduced to accelerate African Integration.