Tag - bank

CUSTOMS APPOINTS NOVA MERCHANT BANK AS COLLECTING BANK

NOVA Merchant Bank has been appointed as a designated collecting bank for import, excise and other duties by the Nigeria Customs Service (NCS). The appointment, the bank says, will enable it handle duty payments for its clients in addition to processing and issuing custom bonds along with guarantees on their behalf. The bank’s MD/CEO, Anya Duroha,...

Nigeria’s Access Bank is acquiring Kenya’s Transnational Bank to cement its pan-African ambition

Central Bank of Kenya grants Access Bank approval to acquire Transnational Bank of Kenya.Transnational Bank is one of Kenya's tier-4 bank and posted a $693,904 loss in 2018.The deal not yet completed, but it will see Access Bank taking over 93.57 % of the East Africa bank. The Central Bank of Kenya (CBK) has granted Access Bank, one...

Sex for $ 20

Believe it or not, it's a true story.. On their wedding night, the young bride approached her new husband and asked for $20.00 for their first lovemaking encounter. In his highly aroused state, her husband readily agreed. This scenario was repeated each time they made love, for more than 30 years, with him thinking that it was...