| CBN releases guidelines for regulation of CGCs |
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The Central Bank of Nigeria (CBN) on Tuesday, released guidelines for registration and supervision of Credit Guarantee Companies (CGCs) in the country. The guidelines are contained in a circular signed by Ibrahim Tukur, CBN’s Director, Financial Policy and Regulation Department and addressed to commercial banks, Other Financial Institutions and stakeholders in the financial services industry... |
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COVID-19: Stakeholders say MSMEs critical to economic recovery |
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Stakeholders have called on government at all levels to deepen their commitment to building resilience in the Micro, Small and Medium Enterprises as the subsector was critical to the economic recovery of the country. The stakeholders made this call at a national dialogue on the economic impact of COVID-19 and assessment of national, state recovery plans and policy options held in Abuja on Tuesday... |
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How weak regulations undermine investments in downstream sector |
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Energy experts across African countries and other international players are calling for effective regulations that can address inherent challenges in the downstream segment of the continent’s petroleum industry. Noting that non-market pricing structures, complex supply chains, smuggling and adulteration of products were among the pressing issues that could hamper investments in the African downstream oil sector, the experts insisted...
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Stock and forex trading regulations in Nigeria |
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Although somewhat similar, it is important to note the difference between stock and Forex trading. Essentially, the difference lies in what is being traded; stock trading refers to shares and ownership within a company or corporation, while Forex refers to the buying and selling of currencies. In both cases, brokers are often recommended for novice traders, as they act as the intermediary between the buyers and sellers... |
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