Britain’s financial services regulator said on Friday it had fined the UK subsidiary of Nigeria’s Guaranty Trust Bank (GUARANT.LG) (GUARq.L) 525,000 pounds for failing to have adequate controls to prevent money laundering. The Financial Conduct Authority (FCA) said that between May 2008 and July 2010, GT Bank UK had failed […]
Tag: UK
UK visa: Nigerians begin payment of £3,000 bond Nov
OUTCRY against its £3,000 tourists visa bond notwithstanding, Britain will commence the scheme in the six listed Commonwealth countries in November, Financial Times report quoted the Home Office as saying. The Commonwealth countries to be affected by the policy which was announced in June are Nigeria, India, Kenya, Sri Lanka, […]
UK May mortgage approvals hit highest since Dec 2009
British mortgage approvals for house purchase rose in May to the highest level since December 2009, Bank of England data showed on Monday. The BoE said mortgage approvals numbered 58,242 in May, up from 54,354 in April. Analysts had forecast a much lower reading of 55,050. Consumer credit rose […]
