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...
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...
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...