Trade facilitation: Customs unveils digital baggage import declaration
The Nigeria Customs Service, NCS has announced the deployment of a Simplified Baggage Import Declaration System at the Seme Area Command. This marks a new phase in its drive for digital innovation, trade facilitation, and improved passenger clearance processes. The initiative is designed to streamline baggage declaration, reduce clearance time, and enhance transparency for legitimate […]
Slowdown in rapid-growth markets to be short-lived – Ernst & Young
Economic expansion in the 25 leading Rapid-Growth Markets (RGMs) has started to slow sharply since the beginning of this year but this will only be a temporary blip according to Ernst & Young’s quarterly Rapid-Growth Markets Forecast (RGMF).
Stanbic IBTC assures operators, shareholders on holding company structure
Stanbic IBTC Bank has assured capital market operators and its shareholders that their stake in the group will remain unchanged when its impending holding company structure is finalized.
Stock market lost N9trn since downturn – CIS President
THE President, Chartered Institute of Stockbrokers (CIS), Mr. Ariyo Olushekun has decried the protracted downturn of the Nigerian capital market , saying the market has actually lost N9 trillion since the crisis started.
Africa needs well-regulated commodity exchanges — AfDB
African countries can benefit immensely from well-regulated derivatives commodity exchanges – which in turn could provide a useful tool for Africa’s development,” said African Development Bank (AfDB).
AFC, PTA Bank renew N4bn trade finance deal
Nigerian-based Africa Finance Corporation, AFC, has renewed its N4 billion (US$25 million) trade finance credit line agreement with Eastern and Southern African Trade and Development Bank, PTA Bank.
