Business

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 […]
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IMFB visits Orphanages

By Princewill Ekwujuru As Integrated Micro Fi nance Bank (IMFB) visits, It  has challenged kids in various orphanage homes across Nigeria to take the advantage of abundant love and quality education available to them to redefine Nigeria’s future.

Lagos airport gets Africa’s first multimedia digital mega screen

A novel advertising medium  has debuted at the Muritala Mohammed International Airport, Lagos. Christened the Multimedia Digital Mega Screen, the new advertising platform is the latest initiative of Promoworld Nigeria Limited, the company which specializes in creating and deploying custom and purpose — built advertising for airports in Nigeria.

First Bank’s MD, delivers NBCC annual lectures

The newly appointed Managing Director of First Bank PLC, Mr. Stephen Onasanya, will be at the Nigerian- British Business Day, Tuesday, to deliver an annual lecture tagged “Access to capital in the wake of global meltdown”
The event will hold at the Eko Hotel & Suites, Victoria Island, Lagos.

Thunder enters, energy drink market re-focuses

The energy drink market re-focused penultimate week when Thunder energy drink entry into the beverage market courtesy Sunola Foods Limited, producers and marketers of Sunola edible oil changed market indices.

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