Decongestion: Commercial Banks Set To Raise Individual’s Cash Withdrawal  To N100, 000

LAGOS MARCH 28TH (NEWSRANGERS)-Commercial banks are set to raise their cash withdrawal limits from the current N20,000-N50,000 range to over N80,000-N100,000, according to multiple bank officials.  The move, it was learnt, would help bank branches to tackle lingering queues in some cities across the country.  The Central Bank of Nigeria had on Friday directed commercial…

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Imported Vehicles Trapped As Nigeria Customs Hike Duty On Automobile

LAGOS JANUARY 11TH (NEWSRANGERS)-Freight forwarders have said there may be congestion of imported vehicles at the nation’s seaports following the Nigeria Customs Service’s decision to raise duty on imported vehicles by 10 per cent, The PUNCH has learnt. The agents, in exclusive interview with our correspondent in Lagos on Sunday, accused the service of effecting…

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