UK approves Naira for Trade financing

The British government through its export credit agency [UKEF], United Kingdom export finance, has approved the acceptance of naira notes from Nigerians for business transactions made in Britain. This will enable the United Kingdom (UK)’s export finance agency to finance transactions with Nigerian businesses denominated in the local currency. This…

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Types of Financial Risk and How to manage them

In finance, risk is an inherent thing that individuals and businesses must navigate to achieve their financial goals.  Hence, understanding the various types of financial risk is vital for effective risk management and informed decision-making. This article delves into the key types of financial risk in the financial landscape. Each type has uniqueness,…

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Thriving businesses and not just government is essential in the development of Africa – Hakeem Belo-Osagie

https://www.youtube.com/watch?v=734H6r6WI-8 African entrepreneur and Chairman of Metis Capital Partners, Hakeem Belo-Osagie, was a special guest at the Oxford Business Forum Africa held at the Oxford University in the UK over the weekend. In a conversation with the Dean of Saïd Business School at the University of Oxford, Peter Tufano. Osagie…

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2019: CBN to raise N1.8tn from treasury bills sale Q1

The Central Bank of Nigeria plans to raise a total of N1.809tn from the debt market, in the first quarter of 2019, The Cable reported on Thursday. This is according to data contained in the Nigerian Treasury Bills Issue Programme for the first quarter of 2019, posted on the bank’s…

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GEEP: BOI disburses N15bn loans to 400,000 micro-enterprises

The Bank of Industry (BOI) has so far disbursed N15billion loans to about 400,000 micro-enterprises under the Government Enterprises and Enpowerment program (GEEP) of the Federal Government. General Manager, Large Enterprise, BoI, Mr. Leonard Kange, disclosed this, in Lagos, at the inaugural edition of the Vanguard Economic Forum Series on…

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FINANCING YOUR SMALL BUSINESSES

January is coming to an end, but it’s still a good time to set up a business. One factor that holds many people back is that they worry about financing the business. Well, not to worry we have put together some options (including the pros and cons) you may employ…

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