By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Brewer, Guinness Nigeria Plc said on Thursday it has been fined $5.0 million (N1.0 billion) by the National Agency for Food and Drug Administration and Control (NAFDAC) over expired raw materials, according to a Reuters report. Guinness Nigeria said the fine came on the heels […]

November 11, 2015/The Will The Senate has started investigation into what it called abuse and mismanagement of the Treasury Single Account (TSA) regime, even as it urged the Federal Ministry of Finance and Central Bank of Nigeria (CBN) to suspend further payment into the TSA. Specifically, the Senate observed that […]

By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s lender, Skye Bank Plc said on Monday the Central Bank of Nigeria (CBN) have fined the bank the sum of N4.0 billion for non-remittance of some MDA funds in line with the apex bank’s October 14, 2015 directive. Skye Bank made this disclosure in a letter […]