Editorial Staff 
Commercial banks in Nigeria are seriously implementing the order of the Central Bank of Nigeria (CBN) as par the establishment of Forex Teller Points to simplified access to foreign exchange for Personal Travel Allowanace (PTA), Business Travel Allowance (BTA), medicals, and foreign school fees payment. While the Direct Money Banks (DMBs) continue to implement the … Read more
It is not a good time for some applicants of the CBN-backed covid-19 as they continue to receive unauthorised debit alerts from Nirsal Microfinance Bank (NMFB). Please I need help I applied for Nirsal covid-19 loan they credited me and debited me at once leaving 1,946 on the account I don’t understand please reply me … Read more
With its establishment in 1990 by the Companies and Allied Matters Act during the regime of former military President Ibrahim Badamosi Babangida, the Corporate Affairs Commission (CAC) is now the first point of call for business owners who want to give their enterprise or limited liability company a legal backing. We’ll tell you more about … Read more
Who received the N75Bn CBN loan? That is one of the questions on the lips of millions of Small and Medium Enterprises (SMEs) who applied but were not selected for the National Youth Investment Fund (NYIF) loan. The NYIF loan is an initiative of the Federal Ministry of Youth and Sports in collaboration with the Central … Read more
Access Bank recently says it has over 70,000 as agents spread across Nigeria, disclosing that its aim is to reach unbanked and under-banked millions of Nigerians in communities and cities. What are the requirements to become Access Closa Agent in your community? Do I need millions of naira to register as POS agent? For Small … Read more
On May 27, 1967, the military regime of Yakubu Gowon carved 12 states out of the four regions. On February 3, 1976, seven states were added, bringing the states in Nigeria to 19. Takeaway: And in 1987 Katsina and Akwa Ibom states were created and by 1991, 9 more states were created while total number of states … Read more
No democratic government has created any state in Nigeria from 1967 to date. All the present 36 states were created by military governments. But in August 8, 2021, the Senate Committee on Constitution Review proposed that 23 more states be created in addition to the existing ones. The history of state creations in Nigeria dates … Read more
Have you ever wondered where Bureau De Change operators in Nigeria obtain the large volumes of foreign currency they handle and sell to their customers every day? At inception, their primary source of foreign currency was the Central Bank of Nigeria. However, today they have more than 10 sources from which they acquire forex. Their strategic … Read more
In the 1990s, business owners had their tables filled up with files and record books. Those have become archaic in today’s world. Files and other important documents can be stored in the cloud and such files can be accessed anywhere on a device. The beauty of this is that there are firms that offer free … Read more
Financial analyst, Bismarck Rewane, said the latest position of the Central Bank of Nigeria (CBN) not sell foreign exchange to Bureau De Change operators could push them out of the forex market. The renowned economist who is also an analyst at the Financial Derivatives Company Limited (FDC) said it would take the market a few … Read more