Business

CBN unveils new FX guidelines, approves cash movement of $50,000

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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Why govt policies implementations fail – Adedipe

Why govt policies implementations fail – Adedipe

Dr. Biodun Adedipe is the Chief Consultant of B. Adedipe Associates Ltd. which specialises in management and financial consultations, environmental scanning and calibration, training, feasibility studies, recruitments, strategic planning and advisory services.

Central switch for card  transactions to commence July 30th

Central switch for card transactions to commence July 30th

The Central Bank of Nigeria (CBN) has released the operational guidelines for proposed National Central Switch (NCS) for all card and electronic funds transfer transactions in the country, giving all switching companies in the country till July 30th to connect to it.

Stakeholders chart course for improved rice production

Stakeholders chart course for improved rice production

THE United States Agency for International Development (USAID) and major stakeholders in the Agriculture sector yesterday urged the Federal government to as a matter of urgency bring up modalities that would increase the competitiveness of agro business especially in the face of the present global economic meltdown.

Conference hotel boost hospitality businees in Ijebu

Conference hotel boost hospitality businees in Ijebu

If the world soccer body (FIFA) will pick Ijebu Ode as one of the host centres for the upcoming FIFA under 17 world cup that the country is billed to host later in the year based on the hotels available, then the city is as good as having it.