July 7, 2016/WFE The World Federation of Exchanges (“WFE”), which represents more than 200 market infrastructure providers including exchanges and CCPs, today published its response to the Basel Committee on Banking Standards (“BCBS”) Consultative Document: Revisions to the Basel III Leverage Ratio Framework. WFE RESPONSE The WFE supports the BCBS’ […]
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Heritage Bank MD Explains Support for Young Entrepreneurs
July 6, 2016/Heritage Bank Ltd In its continued effort to create and preserve wealth and curb unemployment among youths, Heritage Bank Plc in partnership with the Centre for Values in Leadership (CVL) has graduated 100 young entrepreneurs in the CVL Young Entrepreneurship Training Programme (YETP) in Ajegunle, Lagos. The CVL […]
New forex policy raises import duty by 43%
6/7/2016/Punch By Comfort Oseghale Following the commencement of the implementation of the new foreign exchange policy, which moves the naira to dollar exchange rate from 197 to a minimum of 280, customs duties on imported cargoes have risen by about 43 per cent. Prior to the adjustment of the exchange […]
