Month: September 2020

PwC: ‘Lack of Public Trust May Hamper New CAMA Law’

‘Lack of Public Trust May Hamper New CAMA Law’

By Emma Okonji and Peter Uzoho PwC Nigeria has highlighted the significance of the Companies and Allied Matters Act 2020 (CAMA 2020). While insisting that the new legislation will impact positively on small businesses, if well implemented. PwC however warned that lack of public trust in government over its intention to implement the new CAMA …

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Dieting: 39 Best Nigerian Foods For weight Loss

Best Nigerian Foods For weight Loss: These Nigerian foods for weight loss I’m about to reveal to you will only work their “magic” if… I’m sorry… I’m about to break your dear little heart. You see, NO food will actually cause you to lose weight. It’s your overall diet that matters. These Nigerian foods for weight loss …

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Economy:UK issues new travel advice for foreign students, can work for 3 years after graduating

The UK in their latest travel advice has offered some flexibility into their rules for international students applying for study visa due to ongoing global restrictions as a result of the coronavirus pandemic. The Visa and Immigration office said that students who cannot travel to the UK due to restrictions can start their studies remotely …

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Economy: CBN instructs banks to blocks bank account of 38 companies for “forex abuse”

CBN instructs banks to blocks bank account of 38 companies for “forex abuse”

The CBN did not state why the accounts were flagged. Sources inform Nairametrics that it is due to suspicion of forex infractions. A memo circulating online (see below) indicates the central bank has instructed banks to Post-No-Debit on account of 38 companies. A Post-No-Debit (PND) is basically an instruction to banks not to allow any …

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Currency: Ethereum loses more than 10%, plunges below $340

Ethereum loses more than 10%, plunges below $340

Today at about 7.30 pm GMT, Ether was traded at $338. Also, data retrieved from Coingecko showed that ETH lost over 10% in the day. The price decline pushed Ethereum’s market cap down to about $38 billion, or 11.7% of the total cryptocurrency market capitalization. At its highest, Ethereum’s market capitalization was about $136 billion. …

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