CBN introduces special foreign exchange window for investors and exporters

CBN introduces special foreign exchange window for investors and exporters

The Central Bank of Nigeria (CBN) on 21 April 2017 announced that it has set up a special foreign exchange window for investors, exporters and end users. The announcement was made via a Circular referenced FMD/DIR/CIR/GEN/08/007.

Applying blockchain in securitization

After months of analysis and consultations with various industry constituents involved in different stages of the securitization lifecycle, there is little doubt that blockchain and smart contracts (a key technology that enables many blockchain applications) hold such promise.

-global-powers-retailing

Global Powers of Retailing 2017 | The art and science of customers

The 20th annual Global Powers of Retailing identifies the 250 largest retailers around the world based on publicly available data for FY2015 (encompassing companies’ fiscal years ended through June 2016), and analyzes their performance across geographies, sectors, and channels. It also provides a look at the world’s 50 biggest e-retailers and the 50 fastest-growing retailers. 

Directors’ Alert 2017

Directors’ Alert 2017 – Courage under fire: Embracing disruption

Disruption is a topic everyone is talking about. While many organizations fear it, others realize the many opportunities that disruptive technologies, processes, and social norms present. But with every opportunity comes an element of risk – not every disruption will positively impact your enterprise.

Blockchain technology: 9 benefits & 7 challenges

Blockchain technology: 9 benefits & 7 challenges

Blockchain, mostly known as the backbone technology behind Bitcoin, is one of the hottest and most intriguing technologies currently in the market. Since 2013 Google searches for “blockchain” have risen 1900%.

5 blockchain use cases in financial services

5 blockchain use cases in financial services

One of the most discussed topics in the financial services industry today is blockchain technology. We are beginning to understand what a blockchain is, but how can we best use this technology within our business? 

#1. Blockchain – speeding up and simplifying cross-border payments

#1. Blockchain – speeding up and simplifying cross-border payments

The transfer of value has always been an expensive and slow process. This is particularly true for cross-border payments. The blockchain is able to speed up and simplify this process – and also reduces the costs significantly. 

Migration of physical CCIs due latest 28 November, 2016

Tax Alert | Migration of physical CCIs due latest 28 November, 2016

Some deposit money banks have recently sent out notices to customers to submit active (i.e. unutilized/partly utilized) physical certificates of capital importation (CCIs) for data capturing and migration to the new electronic format (e-CCI). This notice is in line with the recent activities of Central Bank of Nigeria (CBN) geared towards automating the process for issuance and administration of CCIs.  

Blockchain and the future of financial infrastructure

Over the horizon: Blockchain and the future of financial infrastructure

The transformation of the financial services industry is top-of-mind for everyone in the field. As digitization has “changed the game” for all industry sectors, distributed ledger technology, also known as blockchain, has emerged as a hot topic. But how can this technology help financial firms? This report from Deloitte and World Economic Forum takes a pragmatic approach to answering this question.