Curator

http://ift.tt/eA8V8J By Babajide Komolafe The Central Bank of Nigeria yesterday released list of 36 items valid for access to foreign exchange in the foreign exchange market.  In a circular to all banks and the general public yesterday the CBN said that the list of the 36 items valid was released to clarify misconceptions about details of the 41 items banned from accessing dollars in the foreign exchange market. Titled: “Clarification on items valid for foreign exchange in the Nigerian Foreign Exchange market”, and signed by the Director, Trade and Exchange Department, CBN, Mr. W.D Gotring, the circular stated: “Following misconceptions and enquiries across the market, the is to clarify to the authorised dealers, Nigerian Customs Service and the general public that the following items with their HS codes remain ‘Valid for foreign exchange’.” Meanwhile the naira remained stable at N385 per dollar in the parallel market due to lull in demand and increased supply via CBN dollar sa...

http://ift.tt/eA8V8J By Onozure Dania L agos —The Lagos State government yesterday  told  a Lagos State High Court sitting at Tafa Balewa Square TBS, that the private waste operators of domestic and commercial wastes in Lagos State who are also known as Private Sector Participants, PSP operators, that their continued operation in the state is at their own expense. The counsel to the state government Olubukola Adesina said; “The fact that the waste managers are cleaning the state does not mean they have been employed as they are doing so at their own will.” Adsina said that the reason the operators brought the matter to court was to force the contract on the Lagos state government. “You can’t foist a willing party on to a principal,” she said. She further stated that the operators have not been doing their job very well and diligently.  However Adegboruwa objected to the submission and urged the court to dismiss it and hold that the first to third defendants cannot ap...

http://ift.tt/eA8V8J By Onozure Dania A LEGAL expert, Mrs. Omoefe Siakpere, has revealed ways lawyers can create wealth and succeed in corporate law practice. According to her, lawyers need to acquire business skills to be able to run profitable law firms, must know the law, create a viable business plan, develop a niche, build relationships and invest. Siakpere, who holds a master’s degree in corporate and commercial law from the University of London, spoke at the 2017 Law Week of the Nigerian Bar Association, NBA, Benin Branch. Her paper was entitled “Investment Options and Wealth Creation through Corporate Practice.” Siakere, who is the founder of Klass & Korporate Consultants International Ltd, a business start up said lawyers can succeed by first repositioning themselves. “You position yourself first in your own mind. The way you see yourself will shape the way others see you. The way you think about yourself determines how you do everything. It affects the way you p...

http://ift.tt/eA8V8J LAGOS —The Chief Executive Officer of Carbon Credit Network, Mr. Femi Oye, has called on the Federal Government to create policies through its regulatory agency to checkmate adulterated solar systems that are shipped into the country. According to him, the fake products are injurious to the health of its users and as such do not last long,  thereby causing users to lose their funds. Speaking at the fifth anniversary of  the company in Lagos, Oye urged the Federal Government to help remove cost of import duties and taxes levied on renewable energy to enable investors invest in solar energy.  He also stressed the need for government to encourage banks and financial institutions to develop a specialized renewable funding that will allow people to get loans to invest in renewable energy. He noted that his project had been able to create job opportunities for both men and women to cater for their family needs through networking and distribution of his ...