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A total of 136 Nigerian companies have registered with the Lagos Chamber of Commerce and Industry for the 7th Lagos International Trade Fair and have paid...
The Central Bank of Nigeria, CBN, has made the first major move to save exporters from being banned from foreign exchange dealings. In this wise, authorised...
The 1968 banking act should be reviewed to enable commercial banks own equity in companies they finance thereby ensuring the growth of small scale industries. This...
Some members of the accounting profession have raised an eyebrow over audit reports on firs by some auditing firms in the country. The accountants who belong...
Nigeria earned a total of N14.097 billion exchange in the first seven months of this year showing an increase of 196.9 per cent over its end...
IN recent times, the federal and state government’s decision to privatise or commercialise companies in which they have majority share holdings has been subject of debates....
Six foreign countries are to participate in Nigeria’s multi-million naira Delta Steel ancillary industries. Already, China and Norway have made formal requests for equity participation for...
United Bank for Africa, UBA, new interest rates will not affects loans and fixed deposits contracted before the deregulation. According to UBA sources, such loans and...
Prices of goods and services in Festac Town, Lagos have gone up astronomically, recording an estimated 100 per cent increase on the average. A market survey...
About 500 hectares of the UACN marquis form have been planted with maize. The marquis farm is the fourth of UACN’s agricultural projects and the second...
EVERY Nigerian admits that her most dominated economic problem is the current shortage or scarcity of foreign currency for her capital and recurrent programme. The Federal...
The CBN has so far terminated the appointment of 60 of its staffers found to be highly involved in the N100 million foreign exchange last month....
The recent hike at the Nigerian Stock Exchange, is still generating furors in official quarters. The Securities and Exchange Commission, the apex regulatory institution for the...
Foreign nationals mainly Asians have deviced various means of beating the provisions of the Foreign Exchange Market, FEM. Informed sources told The Republic that these foreigners...
Four banks have been approved to handle the foreign exchange transactions of pilgrims during the 1987 Hajj operations. The banks are: First Bank, Union Bank, United...