7 Key Customs Requirements To Export From Nigeria

how to start export business in Nigeria

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

Fact Check: Is CBN Planning To Convert Domiciliary Account to Naira?

Foreign Exchange Market Nigeria Dollar To Naira

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

CBN to Revoke Forex Operating Licence of Banks That Engage in Sharp Practices

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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

8 Easy Steps To Obtain Export Certificate from Nigerian Export Promotion Council

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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

5 Key Things About NMFB Non-Interest Banking Window For TCF & AGSMEIS Applicants Need To Know

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

10 Factors Startups Must Consider When Choosing Business Location

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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

5 Poultry Management Ideas You Need To Know

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The poultry farming business is one of the capital-intensive businesses. It requires proper planning and management Poor management could lead to a loss running into millions or billions of naira. No wonder, a new poultry farming entrant learns from existing farmers for avoidable mistakes. Poultry farming includes the rearing of domesticated birds like ducks, chickens, … Read more

How To Use Google My Business To Sell Products Online With These 10 Effective Methods

Google My Business Page to sell products online

Do you know you can use Google My Business to sell more of your products online? The good news: It is one of the free online tools for small business owners. Takeaways Understanding Google My Business It is one of the free business tools designed by Google to enable companies and individuals to make their products and services … Read more