Foreign exchange payment for small scale importers

After almost 2 years ,the federal government of Nigeria and central bank of Nigeria (CBN) has announced what large number of business people would call "green light at last"...

The apex bank has announced the waive of requirement of memorandum 10 (1 iii) of the foreign exchange manual as its efforts to enable easier access to foreign exchange by small scale enterprise

At this juncture ,the waiver allows non incorporated companies to establish FORM "Q"and have access to twenty thousand united states dollars ($20.000),

This development came to be achieved after numerous seatings with manufacturers association of Nigeria (MAN) etc

This amount can be obtainable through your bank and it is per customer quarterly for importation of eligible physical goods into the country

Personally i consider this step as the way forward to ease the nation's estranged economy. Nigeria as the most populous nation in Africa with large importation power has suffered excessively due to the policy of the federal government to stop forex as one of the ways to control money laundering and to lower the interests of foreign goods.

Note ..Visit your bank for more information

Comments

Tips to get USA visa for Nigerians

Lots of nigerians if not millions of Nigerians has this going to America in back of their minds, if not that sometimes it seems impossible mission for many . Comrades ,yes going to USA seems impossible but its one of the best country/embassy you can go and get your visa without much stress,I said without much stress because American Embassy is real ,accessible and listens . They're strict yes but simple if you can afford their requirements ,do you know that the bank statements,the CEO of the company's sponsorship letter that you brought along to the embassy are not been looked on by the Embassy's interviewers ? The USA embassy do no entertain too much drama,they are psychologists who monitors your body language and decide whether or not to grant you visa most times without crosschecking your documents. So some of these few tips can help you to go about your USA visa and complete your dreams ...

Hi,my name is Akon

Example is not the only thing in influencing others,it is the only thing Solidarity is a way of life

How to check if your national ID card is ready(for Nigerians ) online

This is how to check if your national ID card is ready for collecting It is possible that your national identity card is ready but you do not know, according to the national identity management commission (nimc), If you have registered for the national ID card long time ago,then you can check if it is ready through this simple steps below 1.visit NIMC centre online https//touch.nimc.gov.ng 2.Click the proceed button 3.fill in your first name,last name and your national identification number then hit check Recently,a NIMC representative described the advantage of the new national identity card,apart from many other things,it may also be used as Automated Teller Machine (ATM) card anywhere in the world where there is MasterCard NIMC,s director of technical services Mr Emmanuel Ogungbe disclosed that the commission has already signed an agreement with MasterCard.he said that , besides as ID ca...

newkentob

Search This Blog