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 […]
NES seeks partnership with Fiscal Commission to ensure economic balance
The Nigerian Economic society (NES) said on Wednesday in Abuja that it would partner the Fiscal Responsibility Commission to ensure economic balance in the country.
IOSCO raises concerns on ETFs, cautions stock exchanges
The International Organization of Securities Commissions, IOSCO, has cautioned capital market regulators and stock exchanges around the globe on the need to exercise prudence in their roll out of Exchange Traded Funds, ETF, due to the various risks associated with this type of investment vehicle.
AMAA, Nigeria’s best export to the world – Hot shot boss
Chief Executive Officer of Hot Shot, a data based marketing communication and a subsidiary of Troyka Group, Mr. Dayo Adefila has described Africa Movie Academy Awards (AMAA) as one of the country’s best export to the world.
FG sets up two c’ttees to improve trade, investment
THE Federal Government has set up two committees that would improve the flow of trade and investment to the country. They are: ‘Doing Business and Competitiveness’ and ‘Investor Care’ committees.
Agrikexpo: Foodbext, NAFDAC, LCCI collaborate
FoodBext, in collaboration with National Agency for Food Drug Administration and Control (NAFDAC) and the Lagos Chamber of Commerce and Industry (LCCI), is set to showcase AGRIKEXPO, which has been described as a fulcrum that will redefine commercial agriculture in Nigeria and West Africa.
