Opeyemi Quadri 
Export prohibition items are products and goods that are legally banned from being transported outside the country of jurisdiction. In international trade, a supplier or seller must be guided by trade and export laws in their country of residence and the destination country of goods. In Nigeria for instance, some goods are banned from being … Read more
In international trade, some items cannot be imported from the producing country to another, Nigeria is no exception. There are some goods that are on the list of the Nigeria Customs Service, a security agency of the government that monitors the movement of goods into and out of the country, which is popularly called contraband. … Read more
Logistics is key to a successful export business that’s why it’s very important to understand the delivery process. You may have great orders from prospective buyers coming in every week from around the world, a poor delivery could hinder your effort. In the exporting process, you must understand the roles of the major players for the … Read more
There are in the export of products and goods from Nigeria, the way it is other countries, to another country. One, the exported products must not be on the prohibited list; 2) they must comply with international standards; 3) they must also comply with the specifications of the buyer. Having meant all the conditions above, … Read more
In 2019, ginger export brought in $10.4million for Nigeria. In this guide, we’ll show you at least 30 countries where you can find international buyers for ginger which is also known as chita in the North. Apart from its medicinal use, ginger is used for spices and the demand for it in the international continues … Read more
There are speculations that the Central Bank of Nigeria (CBN) might pounce on foreign currencies in domiciliary accounts and convert such to naira in order to stabilise the foreign market. The rumour first surfaced on social media that the apex would be converting to naira domiciliary account holdings How True Is This Report? The same … Read more
The Central Bank of Nigeria (CBN) has vowed to revoke for a year the foreign exchange operating licence of any bank that engage FX malpractices The apex stated this in a circular entitled, “Observance of due diligence in the processing of foreign exchange transactions” which was signed by its Director of Trade and Exchanges Dr. … Read more
An export certificate is a licence that is issued by the government which gives an individual or a company the permission and authority to partake in the export of raw or finished products from a country to another. In Nigeria, for instance, non-oil product licences are issued by Nigerian Export Promotion Council (NEPC) after an … Read more
Nirsal Micro Finance Bank has launched a non-interest banking window for Targeted Credit Facility and the Agric Small Medium Enterprise Scheme (AGSMEIS). With the latest announcement, NMFB joins the list of four other banks in Nigeria that offers non-interest banking products, Jaiz bank is the first financial institution in Nigeria to start the Islamic principle … Read more
The term startup refers to a business in its early stage of operation which is usually owned and managed by one man or partners Because they start with limited resources, the early-stage decision and management can make or mar the success of the business In today’s digital age, where businesses are basically done online, entrepreneurs … Read more