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Page 5 - நைஜீரியன் ஏற்றுமதி இறக்குமதி வங்கி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Review export proceeds repatriation policy, LCCI tells CBN

Taiwo Ojoye Published 3 May 2021Dayo Adenubi and Temitayo JaiyeolaIt has become imperative for the Central Bank of Nigeria to review its policy on repatriation of export proceeds, the Lagos Chamber of Commerce and Industry has said.Director-General of LCCI, Dr Muda Yusuf, said this at an interactive session with business editors on Friday.In the wake of forex shortage in the nation, the CBN required exporters to repatriate export proceeds within.

Breaking News | FG Commends NEXIM For Reducting Non-Performing Loans

NEXIM The Federal Government has commended the management of the Nigerian Export Import Bank (NEXIM) for returning the bank to profitability and reduction in non-performing loans. Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning, gave the commendation, in a statement by Mr Tijjani Mohammad, Principal Information Officer of the ministry, on Friday in Abuja. Ahmed also inaugurated two newly appointed non-Executive Directors into the board of the bank. The minister noted that NEXIM’s return to profitability and reduction in its non-performing loans had impacted positively on the bank’s statutory mandate. She expressed delight at the bank’s intra–African trade initiatives in readiness for the African Continental Free Trade Agreement (AfCFTA).

Emefiele: Nigerian companies to access markets worth $666bn through AfCFTA

ON THE GO Abducted Ekiti monarch found in Kwara forest David Oyewumi, the Obadu of Ilemeso Ekiti, who was kidnapped by gunmen in Oye LGA of the state last Thursday, has regained his freedom.Advertisement Sunday Abutu, spokesman of the Ekiti. Flour Mills expands Sunti sugar estates to 22,000 hectares with new acquisition Flour Mills of Nigeria (FMN) has acquired an additional 5,200 hectares of land at its Sunti golden sugar estates.Advertisement The additional land acquisition brings the total size of the Sunti. ‘No point rushing into a fruitless dialogue’ Ngige explains delayed meeting with JUSUN Chris Ngige, minister of labour, has explained why the federal government delayed its meeting with the Judicial Staff Union of Nigeria (JUSUN), and the Parliamentary Staff Association of Nigeria (PASAN).Advertisement.

CBN Guarantees Exporters Unfettered Access to Sales Proceeds

CBN Guarantees Exporters Unfettered Access to Sales Proceeds
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