Nigeria’s new Money Laundering Prohibition and Prevention Act 2022 became law in May. It contains key provisions that are relevant to business startups in the country. The legislation says international transfer of funds or securities to or from a foreign country exceeding $10,000 is to be reported within one day of the transaction. Below are
Continue ReadingMy attention has been recently drawn to a report by Premium Times on the subject of Voluntary Retirement, https://www.premiumtimesng.com/news/headlines/386123-exclusive-boko-haram-war-nigerian-army-suspends-voluntary-retirement-of-soldiers.html. published on 5th of April 2020, which was also reported by other Online news sites. An internal memo released by the Echelons of the Nigeria Army, goes to the effect that The Nigerian Army has suspended
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