How to run a domiciliary account effectively

A domiciliary account is a current account that allows you to fund it with foreign currencies and enables you to carry out foreign transactions on the account.

A domiciliary account in Nigeria is a type of bank account that allows the holder to deposit and withdraw funds in foreign currencies and these are currencies other than the naira.

Woman bags two years for assaulting policemen

An Oredo Magistrates’ Court in Benin, Edo State, has sentenced a 35-year-old woman, Oduwa Egbenayabuwa, to two-year imprisonment for allegedly assaulting two policemen.

Police arrest 11 persons for obstructing traffic

The Enugu State Police Command on Thursday said it had apprehended 11 traders for obstructing traffic within the Old Park/Holy Ghost axis and New Market axis, Enugu.

Money laundering: Banker gets 12-year jail term, forfeits N43m

The Federal High Court in Ibadan has sentenced a former employee of Wema Bank, Ademola Oni, to 12-year imprisonment for conspiracy and money laundering.

NDLEA arrests 4,838 suspects, recovers N5bn drugs

The National Drug Law Enforcement Agency says it has arrested 4,838 suspected drug traffickers and impounded drugs with a street value of N5bn.

MOST SHOCKING LIE IN 2016

What was the most shocking lie you ever told this year? 

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This is open from now till 31st December, 2016.