By Goddy Egene The London Stock Exchange (LSE) has provided $26.1 billion for African companies in the last 10 years, the Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema has said. Onyema disclosed this while speaking at the third “London & Lagos Capital Markets in Partnership’ […]
Updates
Banks set limits on PoS, online transactions abroad
24/10/2016/The Nation Banks have set limits on overseas Point of Sale (PoS) and online card transactions, The Nation has learnt. Many of the lenders, which are battling a tough dollar scarcity, have pegged monthly transactions on PoS and online transactions using cards at $100, British Pounds Sterling 90, Euro 130 […]
The Limits Of The Law Guiding Foreign Exchange Autonomous Market
Culled—Proshare October 24, 2016/ Oct 2016 Legal Alert / Oserogho & Associates Introduction At Independence from British Colonial Rule in 1960, and until the establishment of the Central Bank of Nigeria (“CBN”), foreign currencies earned by exporters, most of who dealt in agricultural produce, were retained in Foreign Bank Accounts […]
