Banks in Nigeria introducing online buying and selling of foreign exchange, FX
Bankers’ Committee in Nigeria has said that it plans to move FX sales online. Online FX is convenient for buying…
Category: Finance
What does the newly signed Petroleum Industry Bill (PIB) contain – a look at the complaints
Nigeria’s petroleum industry bill, PIB, has been in dispute for close to two decades. On Monday, President, Muhammadu Buhari, signed…
President Muhammadu Buhari signs Petroleum Industry Bill, (PIB) 2021
President Muhammadu Buhari has signs the Petroleum Industry Bill, PIB 2021 into law while isoalting and working from home. The…
DPR Gas Network Code attracts $500m in the first year
DPR Gas Network Code The Department of Petroleum Resources (DPR) has said that its Nigerian Gas Transportation Network Code (NGTNC) has…
Things to know about the CBN, federal reserve, monetary policy
There are so many things that to know about the operations and activities of the CBN. The CBN is a…
How to access credit as an MSMEs, small business in Nigeria
Credit access that is available to MSMEs, businesses in Nigeria. The Central Bank of Nigeria, CBN, has been cautious about…
Nigeria’s DMO appoints JP Morgan, Goldman Sachs, others as advisors
DMO appoints transaction advisors and bookrunners. America’s JP Morgan, Citigroup, Goldman Sachs and Britain’s Standard Chartered have succeeded in the…
The use of N50 revenue stamp for all transactions in Nigeria
Use of revenue stamp in Nigeria. The first revenue stamp from the Nigerian Postal Service (NIPOST) after the amendment of…
CBN directs banks to set up FX sales points for travel allowances, others
Deposit money banks (DMBs) in Nigeria have received a directive from the Central Bank of Nigeria, CBN, to set up…
CBN cancels capital deposit transfer for BDC licence applications
CBN directive on BDC Licence. The Central Bank of Nigeria, CBN has sent a circular to deposit money banks to…