Jaiz bank sells forex to SMEs

By AdvocateNews on 25/05/2020

Share on facebook Yahoo mail icon Gmail icon

Views: 939


Jaiz Bank Plc, has resumed selling of foreign exchange to operators of Small and Middle Enterprises (SMEs) to open up businesses and boost the nation’s economy amidst the Covid-19 pandemic.

The bank noted that “while the pandemic is being fought with lockdown and economies are opening up, we are committed to providing services that would encourage small and medium sized businesses because we strongly believe they are the falcrum for economic growth and development.”

The bank in a statement issued yesterday said “that the foreign exchange transanctions is also available to parents to pay their medical bills, and their children’s school fees.

It will also sell forex for Personal Travel Allowances (PTA) and Business Travel Allowances (BTA) amongst others.

According to the bank, “SMES importers can get up to $20,000 per quarter, however, items of importation must not fall under those prohibited, as directed by the Central Bank of Nigeria (CBN).”

Posted 25/05/2020 07:15:55 AM

 

Share on facebook Yahoo mail icon Gmail icon


 

You may also like...
BREAKING: Nasarawa lawmaker dies of COVID-19

Tragedy hits Kanu’s family

Ojukwu defended Ndigbo when it mattered most—Ohanaeze, South-East...

Beating of Permanent Secretary: Labour gives Ugwuanyi 14-day...

CNN’s Richard Quest tests positive for COVID-19

Ohanaeze youths warn IPOB against disrupting Igbo summit...

2019: Army vows to deal with political thugs,...

2019: PDP screens Atiku, Mark, Saraki, Tambuwal, others...

Ekweremadu faults Executive Order on Financial Autonomy for...

Sanusi presides over 1,500 widows’ mass wedding

Abacha loot: US tackles FG over alleged $100m...

Finally Senate passes 2018 Budget of N9.12 trillion...

 

Latest News Hushpuppi faces money laundering charges in US court, risks 20 years jail Ghana minister resigns over virus isolation breach FG donates 114,315 bags of Fertilizer to Kogi Farmers Police arrest woman, husband for inflicting grievous wounds on 10-year-old in Enugu Massive shake up in Police as IG moves Senior Police Officers Confession: How we scouted for pregnant teenagers, made millions in selling their babies – Arrested Rivers baby factory operators Abia Gov, Ikpeazu tests negative for COVID-19 Bteaking: Ebonyi Gov, Dave Umahi, tests positive for COVID-19 N2.55bn fraud: Court jails hackers, orders restitution to bank Investigate Hushpuppi links with Atiku, Saraki, other PDP stalwarts – APC Ebonyi NUJ chairman arrested No zoning for Anambra 2021 guber –PDP

 

Most Read I’ve no Coronavirus, govt wants to kill me – Anambra Index case (37,526 views) Fleeing ex-DG Imo Broadcasting Corporation who stabbed wife to death arrested (25,988 views) Full Text of Governor Ifeanyi Ugwuanyi’s 2016 Budget Speech (17,415 views) Ex-Heads of State will protect Jonathan from persecution —Kukah (17,139 views) ASUU strike: Senate intervention ends in deadlock (16,288 views) HUSHPUPPI: CRIMINALS HAVE NO TRIBE. THEY SHAME ALL OF US... (16,213 views) All you need to know about Peter Obi, PDP VP Candidate (15,834 views) Ugwuanyi commends FG’s siting of ICT University in Enugu (15,201 views) Sickle cell support group seeks government intervention (14,206 views) Ebonyi bans embalming of corpses in homes (14,015 views) DEMOCRACY DAY: President Muhammadu Buhari’s full speech (13,398 views) France wins 2018 World Cup Final (12,748 views)

 

SECTIONS EDITORIAL (11) NEWS (2,905) POLITICS (447) SOCIETY (118) SPORTS (27) BUSINESS (306) HEALTH (40) EDUCATION (31) INTERNATIONAL (67) ENTERTAINMENT (18) TECHNOLOGY (1) COLUMNISTS (0) LETTERS (1) OPINION (22)

 

 

Julius Agwu - Crazy Interview Demands