AfrikNews

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Banks Implement Fresh CBN Guidelines On Debt Recovery

Banks Implement Fresh CBN Guidelines On Debt Recovery   Deposit Money Banks on August 1 commenced the implementation of the Central Bank of Nigeria’s Global Standing Instruction which allows them to recover outstanding debts of debtors from other banks. Experts who spoke to our correspondent said the implementation would help to differentiate real wealthy businessmen […]

Marketers Stockpile Petrol, August Price May Hit N150/litre

Marketers Stockpile Petrol, August Price May Hit N150/litre   Filling station owners are currently in panic buying mood, as many of them are stockpiling products ahead of the announcement of a new pump price for petrol in August, investigation has shown. It was also gathered that the price of the commodity might increase to about […]

IMF-induced Policies Will Repress Nigeria’s Currency, Labour Warns

IMF-induced Policies Will Repress Nigeria’s Currency, Labour Warns     Submitting to the International Monetary Fund, IMF-induced policies would further distort and repress Nigeria’s currency, organised labour has warned. They argued that embracing the policies would lead the nation to a situation where a U.S. Dollar would exchange for more than N600. Labour, under the […]

Interview: Wir bringen Importeure mit zuverlässigen Lieferanten zusammen

Afrika rückt angesichts gestörter globaler Lieferketten weiter in den Fokus von europäischen Importeuren. Unterstützung beim Aufbau von Lieferbeziehungen zwischen Europa und Entwicklungs- und Schwellenländern bietet das in Bonn ansässige Import Promotion Desk (IPD). Dr. Julia Hoffmann, Leiterin des IPD, erklärt … Weiterlesen →