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SIA startup foundry cohort-3 concludes with $10,000 grants award to 6 ventures

SIA startup foundry cohort-3 concludes with $10,000 grants award to 6 ventures

The Sola and Ibukun Adeyinka (SIA) Foundation has marked a major milestone in Cohort 3 of the SIA Startup Foundry, with six early-stage businesses awarded a combined $10,000 in equity-free grants following one of the most competitive and comprehensive selection processes in the programme’s history. The journey began with an open call that drew over […]

CBN unveils new FX guidelines, approves cash movement of $50,000

CBN unveils new FX guidelines, approves cash movement of $50,000

By Emma Ujah,  Abuja Bureau Chief The Central Bank of Nigeria (CBN) has issued fresh Foreign Exchange Guidelines which provides that an individual can move cash of up to $50,000, but must be declared at the point of exit. The bank also retained the earlier provision for the movement or import of cash of up to […]