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 […]
Shell campaigns against building on gas pipelines
Shell Nigeria Gas, SNG, has alerted members of the public on the dangers of encroaching on the pathway of gas pipelines in a campaign targeting its business areas in Ogun, Rivers, and Abia states.
Nigeria earns N6.11bn from NGL lifting in one month
Nigeria earned about $38.19 million, about N6.11 billion from the lifting of 132,224 metric tonnes, MT, (about 966,822 barrels) of Natural Gas Liquid, NGL, in May 2014, the Nigerian National Petroleum Corporation, NNPC, has said.
We have created 160,000 enterprises in 9 years — NBTI boss
The Director General Chief Executive of the National Board for Technology Incubation Centre, Dr. Mohammed Jibrin says the agency has succeeded in creating about 162,000 entrepreneurs in five years of its existence in the 27 Technology Incubation, TIC centres across the country.
CIS tasked to explore opportunities in entertainment industry
By PETER EGWUATU The members of the Chartered Institute of Stockbrokers, CIS have been advised to explore opportunities in the entertainment industry in order to boost Nigerian economy. The Chief Executive Officer, ?Kalafrika Limited, Mr.Dede Mabiaku, gave the advice at the CIS Brunch with the President, Albert Okumagba, held over the weekend in Lagos. According […]
Drinks.ng records 105% growth
Nigeria’s first online one-stop shop for beverages and alcohol drinks, www.drinks.ng has said that it has recorded 105 percent growth within one year of operations.
