introduce

CBN, Banks Introduce New Measure to Boost Finances

As part of efforts to enhance financial inclusion in the country, the Central Bank of Nigeria (CBN) and banks, under the aegis of the Bankers’ Committee, have concluded plans to simplify the requirements for the Bank Verification Number (BVN) for certain types of transactions.

CBN Governor, Mr. Godwin Emefiele, disclosed this yesterday, while briefing journalists at the end of a two-day annual Bankers’ Committee retreat at Ogere, Ogun State.

The retreat had the theme, “Delivering Inclusive Growth: Leveraging Digital Finance”.
A BVN is a biometric identification system implemented by the CBN to curb illegal banking transactions in Nigeria. It is …

Visa

FG To Introduce New Visa Regime To Boost Economy

The Comptroller General (CGI) of Nigeria Immigration Service (NIS) Mr Muhammad Babandede says the Federal Government plans to introduce a new visa regime to boost the economy.
Babandede said this at the 2019 dinner and award night organised by the service in Abuja.
He added that the new visa regime will be unveiled by the Minister of Interior Mr Rauf Aregbesola before the end of 2019.

He said that the regime would put Nigeria in line with global practice adding that the system would be transparent and that security would not be compromised.

“The e-visa policy will encourage investors to

Weststar to Introduce Mercedes new GLE in Nigeria

The new GLE, Mercedes-Benz SUV trendsetter is set to debut in Nigeria by the 1st quarter of this year, Weststar Associates Limited, the authorised general distributor of Mercedes-Benz in the country has said.

Weststar’s statement said the Mercedes-Benz GLE has marked a new era for the mid-sized SUV segment. Years after getting a new identity with a change from the M-Class nomenclature to the GLE, the best-selling Mercedes-Benz SUV continues to set the pace. In October 2018, the latest installment of the GLE was presented to the public for the first time at the Paris Motor Show with a …