June 8, 2017/MainOne West Africa’s premier Connectivity and Data Center Solutions Company, MainOne (www.MainOne.net) has reinforced its commitment to building out West Africa’s Data Center capacity at the Data Center Africa Summit taking place at the DataCloud Europe 2017 conference in Monaco this week. During the event, the company’s Chief Executive […]
Updates
Nigeria’s central bank to sell dollars to airlines, fuel importers
7/6/2017/Reuters Nigeria’s manufacturers, airlines, fuel importers and agriculture businesses will be able to buy dollars at a special market intervention to clear a backlog of foreign exchange obligations now due, the central bank said on Wednesday. The central bank plans to settle the bids through a combination of spot and […]
CBN Says Exports from Nigeria – Compliance with Memorandum 11 of the Foreign Exchange Manual
6/6/2017/CBN In the continued effort to ensure that all export transactions are carried out through the formal channels, bills of lading in respect of exports from Nigeria shall henceforth carry the Form NXP number of the underlying cargo. Consequently, all exporters are required to register Forms NXP with an Authorized […]
