Avengers strike again, bomb NNPC, Chevron facilities
The Niger Delta Avengers, on Monday night, continued its unrelenting attacks on the nation’s oil facilities, blowing up two manifolds operated by the Nigerian Petroleum Development Company at Batan community in the Warri South-West Local Government Area of Delta State.
Two other trunk lines, belonging to the Nigerian National Petroleum Corporation in the area were also destroyed by the militants.
Also, an oil well, operated by Chevron Nigeria Limited at the Makaraba village of Gbaramatu Kingdom, was also attacked last night. Punch
Tight security as US warns of terror attacks on Lagos hotels
The United States on Tuesday warned of possible attacks on expatriates and foreign visitors in Lagos during the public holidays marking the Eid-el-Fitri celebrations.
The US Mission in Nigeria, in a statement on its website, said terror groups planned to attack hotels and waterfronts visited by expatriates during the holiday.
“The US Mission in Nigeria advises that groups associated with terrorist activities might be planning attacks on hotels in Lagos frequented by international visitors, including those located on waterfronts, during the Eid-el-Fitr holidays,” the United States Consulate Nigeria said in a statement. Punch
Buhari Commends Nigerians for Making Sacrifices
President Muhammadu Buhari has commended Nigerians for making sacrifices in the face of what he described as “temporary economic and social challenges”.
In his message to mark the Eid-el-Fitr celebrations nationwide, Buhari appealed to the rich to remember the millions of Nigerians suffering deprivation because of the violence perpetrated by terrorists. Thisday
CBN Reiterates Conditions for ‘Blacklisting’ Erring Bank Worker
The Central Bank of Nigeria (CBN) has reiterated that employee(s) in any financial institutions under its regulation that was terminated, dismissed or convicted on the grounds of fraud, forgery and dishonesty would be blacklisted from taking up any other responsibility in the industry.
It stressed that blacklisting is in furtherance to the requirements and provisions of Section 48, sub-section 4 of Banks and Other Financial Institutions Act (BOFIA) CAP B3, LFN 2004 which states: “Any person whose appointment with a bank has been terminated or who has been dismissed for reasons of fraud, dishonesty or convicted for an offence involving dishonesty or fraud shall not be employed by any bank in Nigeria.” Thisday
Customs pegs import duty exchange rate at N282/US$
FOLLOWING the release of the new foreign exchange policy, the Nigeria Customs Service has pegged import duty rate at N282 to a dollar with effect from July 1.
This may result in higher duty for imports made before the new policy was introduced. The implication of the increment is that more cargoes may be abandoned at the ports. The Customs service had earlier in the year attempted to adopt exchange rate of N285 for the purpose of calculating payable duty and rates, but the move was truncated. Vanguard
Skye Bank boss Abiru assures customers of funds safety
There is no need to panic, Skye Bank Plc customers were yesterday assured following the changes in the bank.
The new Group Managing Director/Chief Executive Officer, Tokunbo Abiru, affirmed the Central Bank of Nigeria’s (CBN’s) statement that the leader remains healthy and strong.
Abiru, who spoke after taking over from his predecessor, Timothy Oguntayo, said the lender’s fundamentals remained “strong” and “virile”, assuring customers and other stakeholders of the safety of their funds and investments. The Nation
How to identify, check fake estate developers
The desire to acquire decent and affordable housing has lured a lot of Nigerians into temptations that at times cost them their life’s fortunes. Nigerians are therefore prone to the activities of these fake estate developers who do not stop at anything to swindle their victims.
However, most people are swindled because they fail to look before they leap. Those who look are bound to find some facts that could confirm the authenticity of the estate developers who would give you accommodation. Some of the ways of identifying genuine estate developers as enumerated by some analysts include:
Document verification and authentication
The moment you resolve to buy a property, the first thing is to hire a reliable lawyer to oversee the property documentation and verification. The lawyer would do the verification to ascertain the legitimacy and authenticity of the real estate agency. There are a lot of required documents to be ascertained and verified prior to payment. Hiring a lawyer could be an added cost but at the end it serves the purpose.
You can as well handle the property verification by visiting the Abuja Geographical Information Systems (AGIS) or Alausa Land Registry Lagos or the various state land registry department to verify the property location. You can discuss with the agent on a special service for property verification. Of course, a genuine real estate agent would never associate himself with properties and transactions tainted with fraud or dispute, therefore he must have verified the property/transaction himself. To be more satisfied and secured, you must not rely on the agent’s property verification; you must do the verification yourself, your lawyer or chartered secretary. Sun online
The post above and its ensuing comments, if any, is purely the opinion of the writer(s). It therefore should never be considered as an investment advise of any sort. If required, readers should please consult a competent professional financial adviser for any investment decision.