Opeyemi Quadri 
The importation business is a lucrative business in Nigeria, no wonder merchants make millions of naira from it every month. Here, we will talk about the requirements and importance of form M and form Q. UPDATE: If you’re just kickstarting an importation business, you must learn how to cross the hurdle of sourcing forex after … Read more
Nigeria has a land area of 923,768 km² with its administrative headquarters in Abuja while Lagos state remains its commercial capital since the capital was moved from the most populated state to Abuja on December 12, 1991. With the 36 states and the FCT sharing the 923,768 km² landmass, the land area of each of … Read more
There are about 364 approved international border points in Nigeria. 71.62% of land borders in Nigeria are located in the North-East and North-West, according to Nigeria’s Former Chief of Defence Staff Gen. Lucky Irabor. Takeaways: This article explores Nigerian states that share international border points with other countries. With a landmass of 923,768 km², Nigeria shares … Read more
The movement of products across the border isn’t the same as inter-state trade. The seller can personally deliver an order from Ibadan to Lagos where his customers are based, it isn’t like that in international trade. Because of this, an exporter has to understand the export market before diving in. Risk is inevitable in any … Read more
Bitcoin hit $61,183 (NGN34,989,273.30) for the first time in six months on Friday, October 15, 2021, as the United States’ body language shows that it may approve the launch of an exchange-traded fund based on its futures contracts. Usually, policies of major economies like China, USA, South Korea, Japan determine how the market reacts. For … Read more
Created on September 23, 1987, by the military administration of Gen. Ibrahim Badamosi Babangida, Akwa Ibom is one of the states that make up the South-South Geopolitical zone with its headquarters in Uyo. It was formerly part of Cross River until its creation as a result of the committed efforts of some of its prominent … Read more
What Is Dollar Debit Card? A dollar debit card is a debit card that carries out transactions in US Dollars. It operates like the Naira Debit card, the major difference is that it’s denominated in USD or whatever foreign currencies’ transactions it’s designed to perform. Some banks in Nigeria have Pound Debit Card, which means … Read more
Nigeria is in a dire economic crisis as the country uses 40% of its foreign exchange to import the resources it produces as non of its refineries remain redundant. The country is one of the major producers of crude oil, yet it finds it difficult to refine the fuel it consumes daily, but the Nigerian … Read more
The price of Bitcoin has spiked to NGN33,777,567.30, a few weeks after China announced the ban of cryptocurrency, although it reacted to the shock, it was momentary. Also, the new spike may also be as a result of a report by Bloomberg that the U.S. Securities and Exchange Commission didn’t oppose the launch of a futures-based Bitcoin exchange-traded fund … Read more
The Government of the United Kingdom has updated the list of companies and organizations that are licensed to sponsor foreign workers on work visa into the U.K. At the time of reviewing this article, the updated list contains 100,158 organizations that can legitimately bring workers on the employment-based work visa route into the country. The list was … Read more