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 […]
PENGASSAN faults Government contract to foreign firm
Mr Aniekan Akpan, PENGASSAN Abuja Branch Chairman, has faulted the contracting of 21 crude oil terminals for pre-shipment inspection to a foreign firm by the Federal Government.In an interview with the News Agency of Nigeria (NAN) in Abuja on Friday, Akpan stated that it was a drain on the economy. Akpan added that the action was a waste of government resources in theface of scarce resources.
LG opens showroom, launches new product
In a renewed determination to ensure a stronger hold on the electronics market, Live is Good (LG) Electronics has opened a new showroom in Ikoyi, Lagos, even as it launches new product.
What will you do with $1m?
What would you do with $1million US dollars?. This has been the question agitating the minds of subscribers connected to the Etisalat network. Surely, you will say, I would definitely be dazed, that is if you are lucky enough to become a winner in the on-going Etisalat 9jillion promo. You sure will say, “my life will turn around for the much better.
Exhibitors laud Baby and child fair
Exhibitors at the just ended maiden edition of the CFO Baby and Child Fair have commended the organisers for giving them a platform to display their wares. The CFO Baby & Child Fair is the first of its kind in Nigeria.
The place to be; GTB’s new corporate lullaby
Where is the place to be.? The place to be is a place where everything is easier to achieve, a place to be fulfilled.
The place to be is where treasurers are protected, business is intact, a place re-assured. The place to be, is where there is no frustration, where with the touch of a button, problems are reached and solved.
Oil up towards 72 dollars on economic prospects, Nigeria
Oil firmed towards 72 dollars a barrelon Friday, gaining for a third day, supported by views on equity markets that the economy may be stabilising and due to geopolitical concerns over key oil producers Iran and Nigeria. U.S. crude rose 49 cents to 71.86 dollars a barrel having topped 72 dollars earlier.
NIMPORT expo will address energy cost, logistics — LFTZ Mgt
The management of Lagos Free Trade Zone (LFTZ) and Lekki Port LFTZ Enterprise said the forthcoming Nigeria Maritime Ports and Terminal (NIMPORT) Expo and Conference will address energy cost, logistic among other issues.
Staff in tears as cac boss bows out after 8 years
THE atmosphere was yesterday mistaken for a burial ceremony as staff of the Corporate Affairs Commission (CAC) wept profusely following the exit of the Registrar-General of the Commission, Ahmed Almustapha after putting in eight years.
Fiscal Commission to partner NGOs on budget
The Fiscal Responsibility Commission is to collabo rate with the Centre for Social Justice to enhance fiscal transparency and effective budget monitoring This was the outcome of the meeting held between the Fiscal Responsibility Commission led by the Chairman, Alhaji (Dr.) Aliyu Jibril Yelwa and the Centre for Social Justice led by its Lead Director, Eze Onyekpere on Wednesday at the Commission’s headquarters.
FirstBank acquires SAS risk management solution software
First Bank of Nigeria (FirstBank) has acquired a risk management solution from SAS, a global analytics software and services company and largest independent vendor in business intelligence market.
