NBC fights back, asks court to set aside judgment restraining it from fining TV/radio stations
The National Broadcasting Commission (NBC) has filed a motion at a Federal High Court in Abuja asking the court to set aside its May 10, 2023 judgment in which it,…
CBN, SEC fine First Bank for multiple fraudulent dealings
The Central Bank of Nigeria (CBN) fined FBN Holdings subsidiary, First Bank of Nigeria Limited, N13.5 million for fraudulent dealings and other contraventions in 2022. First Bank of Nigeria (FBN)…
UK watchdog, FCA, fines Guaranty Trust Bank over money-laundering controls
Britain’s financial watchdog has fined the UK subsidiary of Nigeria’s Guaranty Trust Bank 7.6 million pounds ($9.3 million) for what it said were further failures in its anti-money laundering systems…
Covid-19 quarantine protocol: NCAA to fine errant airlines $3,500 per passenger
December 8, 2021 Civil Aviation Authority (NCAA) on Tuesday issued notification that any airline that flouts the newly revised COVID-19 Provisional Quarantine protocols will pay fine of $3,500 per passenger….
After $268.3m French fine, Google initiates changes to evade more global sanctions
JUNE 8, 2021 On the heels of the French fine, Google has initiated changes which it said would benefit its partners, the media. Google’s commitment applies to its business in…
France fines Paris City Hall for appointing many women
The Paris City Hall will pay a fine of 90,000 euros ($109,477) for appointing almost twice as many women to leadership positions as men, official said. Anne Hidalgo, the French…
Nigeria slams N1m fine on British Flairjet for Covid-19 airport violation
FlairJet, a British private charter company, which is also an affiliate of Flexjet, is to pay one million naira for violating COVID-19 airport directives in Nigeria. The Minister of Aviation,…
EU slaps Google with record $5bn fine
The European Union fined Google a record $5 billion Wednesday for forcing cellphone makers that use the company’s hugely popular Android operating system to install Google apps. The EU said…