CBN directs trade dealers to open form M for LCs


Charles Abuede To introduce product pricing mechanism The Central Bank of Nigeria (CBN) has directed all authorised dealers in the international trade market to open Forms M for Letters of Credit (LC), Bills for Collection and other forms of payment in favour of the ultimate supplier of the product or service with immediate effect.  Aim of […]

Ecobank Nigeria CEO advises graduates to go into agric, day-to-day use products

Nigerian tertiary institutions’ graduates aspiring to go into business have been advised to go into agriculture, food, telecommunications and finance related businesses that have day-to-day use. Patrick Akinwuntan, the managing director, Ecobank Nigeria, gave the advice in an address to graduands of Babcock University, Illishan Remo, on Thursday. In addition, the Ecobank Nigeria boss said […]