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Cash-less Nigeria is a policy established in the year 2012 by the Central Bank of Nigeria to curb excesses in the handling of cash in the Nigerian federation. It prescribed a cash handling charges on daily withdrawal above five hundred thousand Naira (N500,000.00) for individuals and three million Naira for corporate bodies (N3, 000,000.00).
The NMA charges on shipping lines that called into Nigerian ports were increased in 2003, with a surcharge being added to taxes on all Nigerian freights. In December 2004, based on recommendations from the World Bank, the government announced that all NMA charges would be scrapped as of January 2005. There were delays in implementing the change ...
This is a list of commercial banks with National Authorization in Nigeria, arranged alphabetically: [1] Citibank Nigeria Limited Ecobank Nigeria Keystone Bank Limited Optimus Bank Limited [2] Polaris Bank Limited. The successor to Skye Bank Plc. [3] Stanbic IBTC Bank Plc Standard Chartered Sterling Bank Plc Titan Trust Bank Limited Unity Bank Plc Wema Bank Plc
First Bank of Nigeria is a multinational bank and financial services company with headquarters in Lagos, Nigeria. [1] First Bank was founded in 1894, by Sir Alfred Jones, but is currently owned by FBN Holdings PLC, which in itself has diversified ownership with over 1.3 million shareholders.
Lekki Deep Sea Port, is a multi-purpose, deep sea port in the Lagos Free Zone and is the only currently operating deep sea port in the country, having started full commercial operations in April 2023. [1] It is the largest seaport of Nigeria and one of the biggest in West Africa. Lekki port is to be expanded to have a capacity of handling ...
Access Bank Plc, commonly known as Access Bank, is a Nigerian multinational commercial bank, owned by Access Bank Group. It is licensed by the Central Bank of Nigeria, the national banking regulator.
The Nigerian Ports Authority ( NPA) is a federal government agency that governs and operates the ports of Nigeria. The major ports controlled by the NPA include: the Lagos Port Complex and Tin Can Island Port in Lagos; Calabar Port, Delta Port, Rivers Port at Port Harcourt, and Onne Port. Operations of the NPA are carried out in affiliation with the Presidency of (Nigeria) and the Nigerian ...
The Bank of British West Africa Limited opened its first branch in Lagos in 1894; in the later part of the same year the name of the bank was changed to Standard Bank of Nigeria known as the First Bank of Nigeria Limited [now a public limited company, PLC.