The Central Bank of Nigeria (CBN) issued a press statement on June 18, 2023, providing further guidance to Deposit Money Banks (DMBs) on the operational changes to the foreign exchange market announced on June 14, 2023. The statement followed an extraordinary Bankers’ Committee meeting held to discuss the implementation and implications of the policy changes for the banking public. According…
In a groundbreaking move, the Central Bank of Nigeria (CBN) has recently announced the unification of all segments of the forex market, collapsing multiple windows into one. This decision carries significant implications for Nigeria's economy and its citizens. Let's dive into the 10 key implications, exploring the pros, cons, and concluding its impact. Enhanced Transparency: Unifying the forex market promotes…
In today's competitive business landscape, establishing a strong brand identity is crucial for long-term success. A well-defined brand identity not only sets your business apart from competitors but also helps you connect with your target audience on a deeper level. In this article, we will explore key strategies for building a robust brand identity that resonates with your customers and…
A business needs a website for several compelling reasons. Firstly, a website serves as a central hub for information about the business. It allows you to showcase your products, services, and company values in a visually appealing and easily accessible manner. Potential customers can visit your website to gather essential details, such as contact information, operating hours, and pricing, without…
As Nigeria welcomes a new president and a fresh era of governance, the hopes and aspirations of its citizens are sky-high. The nation faces several pressing challenges, but also boasts immense potential for growth and prosperity. This article explores the expectations from the new government, as outlined by the new president, with a focus on economic development, social welfare, and…
Let’s be realistic: today a company without a website is a company without a face. The Internet has given us plenty of new opportunities. If you have been using them only as a customer, it’s high time to change direction and take a look from the other side. An online presence is indispensable for every business in order to thrive.…
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