Stanbic IBTC Holdings Plc, in a statement to the Nigerian Stock Exchange on Monday, said the CBN confirmed that its banking subsidiary would not be debited for the $2.632bn, being the portion of the remittances the bank had made on the basis of the CCI. It noted that the central bank had previously suggested that the bank should be prepared to refund the amount. The statement, which was signed by the Company Secretary, Stanbic IBTC Holdings, Chidi Okezie, read in part, “Further to our update to the Nigerian Stock Exchange on September 6, 2018 on the above subject matter, Stanbic IBTC Holdings Plc has been informed by its banking subsidiary – Stanbic IBTC Bank Plc ― that the Central Bank of Nigeria has written to advise the bank that it will examine new submissions and documentations made by the bank, and where justified, it will review its earlier decision on the penalty it imposed on the bank. “The bank had communicated that it believed that it had acted properly in an agency capacity. The bank will continue its engagements with the CBN and provide additional evidence in relation to the issues it has raised.”]]>

_______________________________________________________________________ Groundbreaking Guide For Lawyers: Adigwe Publishes ‘Artificial Intelligence For Lawyers’ With Free Research eBook The book also examines Nigeria's legal ecosystem, focusing on the LPELR and NBA AI Guidelines. As a bonus, every purchase comes with a FREE eBook titled: How to Use the AI Features in LegalPedia and LawPavilion. Ohio Books Ltd praises the publication, stating: "....this is the only Nigerian book I know of on the topic." How to Order: 📞 Call, Text, or WhatsApp: 08034917063 | 07055285878 📧 Email: benadigwe1@gmail.com 🌎 Website: www.benadigwe.com Ebook Version: Access it directly online at https://selar.com/prv626 Authored by Ben Ijeoma Adigwe Esq., ACIarb (UK), LL.M, Dip. in Artificial Intelligence, Director at the Delta State Ministry of Justice, Asaba, Nigeria. ______________________________________________________________________ [A MUST HAVE] Evidence Act Demystified With Recent And Contemporary Cases And Materials
“Evidence Act: Complete Annotation” by renowned legal experts Sanni & Etti.
Available now for NGN 40,000 at ASC Publications, 10, Boyle Street, Onikan, Lagos. Beside High Court, TBS. Email publications@ayindesanni.com or WhatsApp +2347056667384. Purchase Link: https://paystack.com/buy/evidence-act-complete-annotation ________________________________________________________________________ “Enhance Legal Practice With Authoritative Reports” — Alexander Payne Offers Comprehensive Law Reports, Spanning Over A Century Of Nigerian Jurisprudence

Interested buyers are encouraged to place their orders and enquiries via: 0704 444 4777, 0704 444 4999, 0818 199 9888 Website: www.alexandernigeria.com

_______________________________________________________________________