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 […]
2nd Heroic Award: Indomie begins search
By Princewill Ekwujuru & Daniel Ailemen In encouraging acts of heroism in children, Dufil Prima Foods Limited, producers of Indomie noodles has began the search for the next set of heroes for the Indomie Independence Day Award for Heroes of Nigeria.
Bank ready to clean up balance sheet
A Nigerian bank quoted on the Nigerian Stock Exchange (NSE) has concluded plans to clean up its balance sheet in order to provide shareholders with favourable long term values.
FG queries MDAs on NHF deductions
The Federal Government has queried ministries, depart ments and agencies (MDAs) in the federal civil service over the non-remittance of National Housing Fund (NHF) deductions to the Federal Mortgage Bank of Nigeria (FMBN).
…inaugurates Delta State branch executive
The chartered Insurance Institute of Nigeria CIIN has installed a new executive team for the Delta State Branch of the Institute headed by Mr Leke Ojabanjo as the chairman.
Trust, compliance key to all-inclusive pensions scheme in Nigeria
By Ifeanyi Ugwuadu It is irrational for the poor to save for retirementâ€. Rob Rusconi, an internationally acclaimed expert in pension provision must have jolted many Nigerians, particularly, government, when he delivered his paper and made the above quoted declaration at the National Conference on the review of the Implementation of the Pension Reform. His […]
