UNDERSTANDING THE OFFICIAL FOREIGN EXCHANGE (FX) WINDOWS IN NIGERIA
The Foreign Exchange market is regulated by the Central Bank of Nigeria (CBN) by virtue of the Foreign Exchange Act and the Foreign Exchange (Monitoring and Miscellaneous Provisions) Act. The Apex Bank is also responsible for implementation of the Exchange Rate Policy
The Nigerian Content Development and Enforcement Bill (“The Bill”) seeks to promote indigenous participation in key sectors of the economy (Information and Communications Technology (ICT), Mining, Construction, Oil and Gas and Power.
The 2020 Appropriation Bill, “budget of sustainable growth and job creation”, was presented by the President to the National Assembly on the 9th of October 2019 along with the draft Finance Bill (which has now been passed into law as Finance Act) which is intended to effect crucial changes to the existing fiscal laws that will enable the Federal Government increase its revenue generation capacity. The Appropriation Bill was signed into law by the National Assembly on the 5th December 2019 and assented by the President on the 17th December 2019….
Online advertising involves the delivery of advertorial contents to Internet/online users via web, e-mail, ad-supported software and Internet-enabled smartphones. This mode of advertising differs majorly from terrestrial or offline advertising in that its reach is not limited by space or time – everyone across the world with access to the internet could be a recipient. Apart from its expansive reach, online advertising has become increasingly important to business owners and service providers across the world because in comparison to offline advertising; it is cheaper and more cost-efficient, it offers measurability (the advertisers ability to keep empirical data of the reach and impact of the campaigns) and delivers an unmatched speed of dissemination…