Regulatory Alerts2006-09-28 | TED-AD-133-2006Re: Embargo on Foreign Exchange Facilities
The Central Bank of Nigeria has imposed a foreign exchange embargo on Andy O. Maritime Services Ltd, effective immediately. All Authorised Dealers are advised not to engage in any foreign exchange transactions or fund transfers for this company until the embargo is lifted. Any prior approvals granted should be canceled promptly. This decision was made by O.O. Akanji (Mrs.), Director of Trade & Exchange Department.
Central Bank of Nigeria Central Business District P.M.B. 0187 Garki, Abuja Tel: 09 616 37 804 September 21, 2006 Fax: 09 616 37 802 E-mail: ted@cenbank.org
Our Ref: TED/AD/132/2006 TO: ALL AUTHORISED DEALERS AND THE NIGERIA CUSTOMS SERVICE RE: EMBARGO ON FOREIGN EXCHANGE FACILITIES This is to inform all Authorised Dealers and the Nigeria Customs Service that the under mentioned company is hereby placed on foreign exchange embargo: ANDY O. MARITIME SERVICES LTD No. 45 Orsaw Street Isale-Eko, Lagos RC. No. 278508.
Consequently, all Authorised Dealers are advised that with immediate effect, no foreign exchange transaction, including transfer of funds, should be made in favour of or on behalf of the company until the embargo is lifted. All approvals recently granted in favour of the company, which still remain unutilized either wholly or partially should be cancelled immediately. O. O. AKANJI (MRS) DIRECTOR TRADE & EXCHANGE DEPARTMENT