20 Benefits of eNaira To Businesses and Individuals in Nigeria

eNaira-CBN-digital-currency

The ban on cryptocurrency by the Central Bank of Nigeria (CBN) on February 5, 2021, gave millions of Nigerians the push to further explore the financial possibilities of digital currencies. Although cryptocurrency which is backed by blockchain technology has been in existence since 2009, when the unknown Satoshi Nakamoto claimed to have invented it, the … Read more

3 Perks of Living in the Mountains

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The gorgeous sights are not the only reason to pack your bags and move out of the city for a more peaceful environment. Living in the mountains can improve your overall well-being and provide you with access to fresh air and the beauty of nature 24/7. For an investor who wants to take time out … Read more

20 Factors Foreign Investors Must Consider Before Investing In Nigeria

history of state creations in nigeria from 1967 till date

Any investor in the United States, Germany, and Italy among other advanced economies who wishes to their business to Africa, will most likely put Nigeria on their list despite many challenges confronting the country. Summary: Nigeria has a large and ever growing market, availability of hydrocarbon resources, and commendable FDI policy, yet poorly developed transport … Read more

Meet Yoni Assia, Who Founded eToro at 25 With His Brother And Friend

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On September 24,2021, eToro, a global multi-asset investment platform, announced the launching of a Decentralized Finance (DeFi) portfolio that put financial services on the blockchain. Since its founding in 2007, the innovations by the socio-crypto trading platform has been outstanding, the question we don’t always ask is: who is the brain behind the success stories of … Read more

Names of Nigerians Who Bought Forex With Fake Visas And Their Account Details

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On August 31, the Central Bank of Nigeria (CBN) said it discovered some Nigerians who bought forex for Personal Travel Allowance (PTA ) and Business Travel Allowance (BTA) with fake visas at designated banks, a practice that could lead to the blockage of account details of such defaulters or face prosecution. The apex bank immediately … Read more

7 Requirements To Register a Clearing and Forwarding Company In Nigeria

International Trade and business

Clearing and forwarding companies can’t be neglected in the supply chain of goods across the border. As such exporters and importers can’t do without them. They play a critical role in the shipping industry. In Nigeria for instance, a clearing and forwarding company or agent must be registered by the Nigeria Ports Authority (NPA). In … Read more

43 Products Banned By Buhari From Accessing Forex

International Trade and business

On June 23, 2015, less than a month after Muhammadu Buhari took an oath of office as Nigeria’s president, the Central Bank of Nigeria (CBN) blocked some items from accessing foreign exchange at the official market. And on May 06, 2021, the CBN insisted that it would continue to block the importation of maize into … Read more