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2021-6-3 The distribution of the entities approved, based on the type of licence held, is shown in the diagram below. ... a Company may hold a mining lease and quarry lease with respect to different minerals. 4 . There are a number of other departments created under the Ministry to aid the performance of its function, for example, the Metallurgical ...
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2021-6-11 BOI partners with SME.NG to digitise women owned business in Nigeria. SME.NG’s e-market platform is set to go live with the aim to provide access to finance, wider market access, technical and business support to local female entrepreneurs. The new platform which was unveiled on the 25th of March 2021 was introduced as a solution to the ...
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2021-6-2 Central Bank Digital Currency: Is ‘NIGCOIN’ possible? The Central Bank of Nigeria’s policy on cryptocurrency is clear. On February 5, this year, the CBN posted a circular that stated, “dealing in cryptocurrencies or facilitating payments for
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2021-6-8 LOAN APPLICATION REQUIREMENTS. ENTERPRISE UP TO 10 MILLION NAIRA LOAN. LIMITED LIABILITY COMPANY UP TO 10 MILLION NAIRA LOAN. LARGE ENTERPRISE SME ABOVE 10 MILLION NAIRA LOAN. COOPERATIVE SOCIETY UP TO 10 MILLION NAIRA LOAN. GOVERNMENT ENTERPRISE EMPOWERMENT PROGRAMME (GEEP) LIST OF ACCREDITED
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Companies and Allied Matters Act (CAMA) Banks operating in Nigeria are corporate bodies which must be incorporated as a company in compliance with the requirements of CAMA Central Bank of Nigeria Act 2007- this Act established the Central Bank of Nigeria as the body in charge of issuing banking license in Nigeria.
Read More2021-6-3 The distribution of the entities approved, based on the type of licence held, is shown in the diagram below. ... a Company may hold a mining lease and quarry lease with respect to different minerals. 4 . There are a number of other departments created under the Ministry to aid the performance of its function, for example, the Metallurgical ...
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The legal backing for monetary policy by the Bank derives from the various statutes of the bank such as the CBN Act of 1958 as amended in CBN Decree No. 24 of 1991, CBN Decree Amendments 1993,No. 3 of 1997,No. 4 of 1997,No. 37 of 1998,No. 38 of 1998,1999 and CBN Act of 2007. Section 12 Sub-sections (1) to (5), CBN Act of 2007 (Ammended)
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2021-6-2 On the 9 th of December, 2020, the Central Bank of Nigeria ("CBN") issued a circular to all Payment Service Providers, Banks and Other Financial Institutions in Nigeria highlighting the New Licensing Categorisations for the Nigerian Payments System ("License Categorisation Circular"). In line with the License Categorisation Circular, the CBN, on May 24, 2021, issued another circular (the ...
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The legal backing for monetary policy by the Bank derives from the various statutes of the bank such as the CBN Act of 1958 as amended in CBN Decree No. 24 of 1991, CBN Decree Amendments 1993,No. 3 of 1997,No. 4 of 1997,No. 37 of 1998,No. 38 of 1998,1999 and CBN Act of 2007. Section 12 Sub-sections (1) to (5), CBN Act of 2007 (Ammended)
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