Fidelity Bank Nigeria Simplifies SWIFT Codes for Global Transfers

Fidelity Bank Nigeria Simplifies SWIFT Codes for Global Transfers

This article explains Fidelity Bank's SWIFT code, FIDTNGLAXXX, and its purpose. It emphasizes the importance of verifying information and providing accurate details when using it. The article also clarifies the distinction between SWIFT codes and IBANs. Understanding these codes is crucial for successful international money transfers involving Fidelity Bank, ensuring funds are routed correctly and efficiently. Using the correct SWIFT code helps avoid delays and potential complications in the transaction process. Always double-check with Fidelity Bank for the most up-to-date information.

09/01/2025 International Settlement
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Port Harcourt A Busy Commercial Port in Southeast Nigeria

Port Harcourt A Busy Commercial Port in Southeast Nigeria

Harcourt Port is Nigeria's second largest commercial port. With its modern loading and unloading equipment and convenient connections to the inland areas, it has become an important port for the industrial and commercial sectors in the southeast. The port offers a variety of surrounding services and excellent storage conditions, facilitating international cargo transportation.

07/24/2025 Port Encyclopedia
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Nigeria Revises Tariffs to Align With Afcfta Trade Pact

Nigeria Revises Tariffs to Align With Afcfta Trade Pact

Nigeria is upgrading its tariff system in collaboration with the WCO and ECOWAS to prepare for the African Continental Free Trade Area (AfCFTA). This modernization aims to improve trade efficiency, combat smuggling, and promote regional integration. The updated system will streamline customs procedures and enhance compliance with international standards, ultimately facilitating smoother trade flows and contributing to Nigeria's economic growth within the AfCFTA framework. This initiative signifies Nigeria's commitment to leveraging the opportunities presented by the AfCFTA and strengthening its position as a key player in African trade.

01/05/2026 Customs Knowledge
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Nigeria Tops African Stock Markets Amid Divergent July Growth

Nigeria Tops African Stock Markets Amid Divergent July Growth

African stock markets showed mixed performance in July. The Nigerian stock market led the gains with a 16.56% increase, while the South African stock market rose by 2.28%, although Rand depreciation may pose challenges. Mauritius and Kenya also recorded growth. Investors should pay attention to the economic differences between countries and make cautious decisions.

07/31/2025 Exchange Rate Query
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Jumia Expands Logistics in Nigeria to Lead Africas Ecommerce

Jumia Expands Logistics in Nigeria to Lead Africas Ecommerce

Jumia announced the expansion of its logistics services in Nigeria and plans to enter markets like Kenya, Ghana, and Senegal to enhance competitiveness and achieve profitability. Addressing the potential and challenges of the African e-commerce market, Jumia is building its logistics network, improving service levels, and optimizing operational efficiency. This strategy aims to tackle issues such as consumer affordability, infrastructure limitations, and market competition, ultimately solidifying its position within the e-commerce ecosystem. The expansion underscores Jumia's commitment to growth and market leadership in Africa.

01/04/2026 Logistics
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Stanbic IBTC Bank SWIFT Codes Guide for Nigerian Transfers

Stanbic IBTC Bank SWIFT Codes Guide for Nigerian Transfers

This article provides a detailed explanation of the SWIFT/BIC code SBICNGLXXXX for Stanbic IBTC Bank in Nigeria, breaking down its structure and common use cases. It also offers guidance on how to locate SWIFT codes for specific branches. Furthermore, the article highlights important considerations for sending money to Nigeria, aiming to facilitate smoother international money transfers. The information helps readers understand the nuances of SWIFT codes and navigate the process of remitting funds to Nigeria effectively.

09/01/2025 International Settlement
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WCO Belgian Customs Academy Boost African Customs Training

WCO Belgian Customs Academy Boost African Customs Training

WCO, in collaboration with the Belgian Customs Academy, provides training to African customs officials to enhance their capabilities. Recently, officials visited the WCO headquarters to deepen cooperation, focusing on areas such as digital transformation. This partnership aims to strengthen customs administration in Africa and facilitate trade by building a skilled workforce and promoting modern practices. The collaboration underscores the WCO's commitment to supporting Africa's development through effective customs management and capacity building initiatives.

01/05/2026 Customs Knowledge
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Guide to Locating UBA Branches and SWIFT Codes in Nigeria

Guide to Locating UBA Branches and SWIFT Codes in Nigeria

This article explains how to easily find the branches of the United Bank for Africa (UBA) in Nigeria and their respective SWIFT codes, assisting users in making effective international remittances. Additionally, it offers an alternative solution for processing remittances using the headquarters' SWIFT code, ensuring that funds safely reach their destination.

08/26/2025 International Settlement
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Standard Chartered Nigeria SWIFT Codes A Guide to International Transfers

Standard Chartered Nigeria SWIFT Codes A Guide to International Transfers

This article provides a detailed explanation of the SWIFT code SCBLNGLAXXX for STANDARD CHARTERED BANK NIGERIA LIMITED. It clarifies its significance, usage instructions, and the potential consequences of using it incorrectly. Furthermore, it outlines important considerations for international money transfers, aiming to assist readers in conducting secure and efficient cross-border transactions. The information helps users understand how to properly utilize the SWIFT code and avoid potential issues when sending or receiving funds internationally through this Nigerian bank.

09/03/2025 International Settlement
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