Connect with us
Airlines operating in the country are now required to remit the net proceeds of their international ticket sales on a monthly of fortnightly basis. This is...
Three new export funds aimed at subsidising exports generally and providing financial assistance to exporting companies, have been set up by the federal government. The funds...
The issue of privatisation has gone beyond the concept of its rationale. The question to be answered now is how best can we achieve the stated...
The aggregate money supply out of the banking system and which circulated within the Nigeria economy stood at N5 billion during 1987 latest statistics made available...
The Nigerian-Brazilian Chamber of Commerce and Industry has proposed high level meeting between relevant public and private institutions of both countries. This is with a view...
The prices of quoted shares of some companies at the Stock Exchange remain high fo the second week running. Although some of the prices have shown...
New export items have emerged in the Nigerian export market as a result of the encouragement given exporters by the depreciation of the naira through the...
The monitoring unit of The Nigerian National Petroleum Corporation, NNPC, inspectorate division has stepped p efforts to arrest fraudulent practices in filling stations throughout the country....
Stock Brokerage firms are now establishing merchant banks to diversify their resources base in line with the new challenges of corporate financing since th Structural Adjustment...
Last Thursday’s retrenchment of 25 note counters by the Central Bank of Nigeria, CBN, from its currency operation department is causing some ripples among staffers of...
The Central Bank of Nigeria, CBN, has clarified some aspects of its new directives to authorised dealers in foreign exchange. In the clarification letter, the CBN...
The Central Bank of Nigeria, CBN, as the key financial institution in the country cannot but attract press coverage of its activities. Considering the functions it...
Gulf Oil Nigeria Limited has reviewed the cash benefits to beneficiaries of the company’s long service award. The review which became effective from May this year...
It is now mandatory for airline operating in the country to show evidence of use aircraft when applying for foreign exchange under FEM. This was contained...
Owners of chartered fishing and other shipping vessels in the country are now required to fulfill new documentation conditions before they apply for foreign exchange. According...