impose

FG Speaks On US Plan To Impose Travel Ban On Nigeria

The Presidency has insisted it will not react to speculations about the United States of America’s plan to place a travel ban on the country.

Reports emerged on Tuesday, indicating that the President Donald Trump’s administration has plans to add seven countries across the world to their travel ban list.

Tanzania, Sudan, Eritrea, Nigeria, Kyrgyzstan, Belarusn and Myanmar were the countries mentioned.

However, in a statement on Wednesday, the Senior Special Assistant to President Muhammadu Buhari on Media and Publicity, Mallam Garba Shehu, said: “Yes we have read the

Foreign Airlines Impose Heavy Charges On Excess Luggage

In-bound Nigerian air travelers returning home to celebrate the yuletide with their loved ones are having difficulty in travelling with their luggage, as foreign airline now imposes outrageous charges on excess luggage and also delay connecting flight time with passengers that have many bags.

THISDAY learnt that passengers with many bags above the accepted kilogrammes by airlines are asked to delay their connecting flights to between three to four hours so that the airlines would be able to transfer the luggage to the flights that would bring them to the airlines’ operational hubs where they would connect their last flight …

Trump Will Not Impose Tariffs On EU Cars

The outgoing president of the European Commission Jean-Claude Juncker said Friday he believes the US will not impose new tariffs on imported European cars in the coming days.
President Donald Trump’s administration has been threatening since last year to impose tariffs on auto imports to defend the US automaking sector, a symbol of American manufacturing.After postponing such measures in May, Trump is due to decide by mid-November whether to impose the supplemental tariffs on cars built in EU countries — a step particularly feared by the big German automakers.

But in an interview with a German newspaper, Juncker said he

Loan - Deposit Ratio: CBN To Impose Stiffer Laws On Banks

Loan – Deposit Ratio: CBN To Impose Stiffer Laws On Banks

  • Customers using loans for Treasury Bill will be blacklisted

The Central Bank of Nigeria (CBN) has vowed to impose stiffer sanctions on any commercial and blacklist customers that flout its minimum loan-to-deposit ratio (LDR) policy that is focused on increasing lending to the real sector of the economy.

The Director, Corporate Communications, CBN, Mr. Isaac Okoroafor, disclosed these in a chat on the sidelines of the ongoing International Monetary Fund/World Bank Annual Meetings in Washington DC, United States.

Specifically, it warned that any bank that is found to be disbursing loans to customers who subsequently invest such funds in treasury …

China to impose sanctions on US firms in Taiwan arms sale

China to impose sanctions on US firms in Taiwan arms sale

China on Friday said it would impose sanctions on US companies involved in a potential arms sale worth $2.2 billion to self-ruled Taiwan — a move that has infuriated Beijing.

“The US arms sale to Taiwan has severely violated the basic norms of international law and international relations,” said Chinese foreign ministry spokesman Geng Shuang in an online statement.

“In order to safeguard national interests, China will impose sanctions on US enterprises participating in this sale of weapons to Taiwan,” he said.

The planned weapons sale, the first transfer of big-ticket United States military gear to democratically-governed Taiwan in decades, …