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CBN partners global fintech company for e-Naira
Posted by Iheonu Nkechi Gloria 2 years agoGeneralThe Central Bank of Nigeria (CBN) has announced that Bitt Inc. an international fintech firm has been appointed as the Technical Partner for its digital currency dubbed eNaira which would be prese ...
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e-Naira: CBN sets N50,000 maximum transfer limits for non-account holders
Posted by Iheonu Nkechi Gloria 2 years agoGeneralThe detailed presentation sent to Nigerian banks on the e-Naira project mentioned that it will have a transaction limit for customers non-interest-bearing CBDC status and an account value limit. ...
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Anaylsıng CBN's Guıdelınes For Lıcensıng And Regulatıng Payment Servıce Holdıng Companıes
Posted by Iheonu Nkechi Gloria 2 years agoGeneralINTRODUCTION On 3rdAugust 2021 the Central Bank of Nigeria (CBN) issued the Guidelines for Licensing and Regulation of Payments Service Holding Companies in Nigeria1(the Guidelines ) which sets out ...
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Operators kick as NITDA demands new taxes, levies under proposed bill
Posted by Iheonu Nkechi Gloria 2 years agoGeneralDespite its goal of creating an effective impartial and independent regulatory framework for the development of the Nigerian information technology sector and digital economy operators in the sector ...
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How to communicate complex financial information
Posted by Iheonu Nkechi Gloria 2 years agoGeneralStudents undertaking the postgraduate course in business communication for accounting professionals at Melbourne&rsquo s Monash University are asked to complete a rather unusual exercise. The assignm ...
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Three Ways to Prevent Fraud in Your Accounting Department
Posted by Iheonu Nkechi Gloria 2 years agoGeneralIt&rsquo s Business Now But It Started Out Personal I learned about asset misappropriation at an early age&mdash first when learning how to count the shop&rsquo s nuts and bolts and agreeing to a c ...
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3 Ways You Can Use Data Analysis As An Accountant
Posted by Kemisola 2 years agoGeneralAccountants need data analytics to help businesses uncover valuable insights within their financials identify process improvements that can increase efficiency and better manage risk. Here are 3 ex ...
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Industry 4.0: Audit Professionals Of The Future
Posted by Iheonu Nkechi Gloria 2 years agoGeneralMy early days in the profession witnessed going to the field with loads of prior year audit files stacked in several volumes sometimes up to ten volumes depending on the size and complexity of the eng ...
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Benefit Of The Auditor's Risk Assessment Procedures To Business Growth And Survival
Posted by Iheonu Nkechi Gloria 2 years agoGeneralThis article aims to change the public s perception of the value of the external auditing exercise significantly how the audit methodologies provide more value-added benefits to businesses which hope ...
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How To Assess An Organizations' Internal Control Using A Risk-Based Approach
Posted by Iheonu Nkechi Gloria 2 years agoGeneralInternal controls have become a key business area for all organisations to maintain the risks facing the company within the defined risk tolerance levels. Internal controls are processes designed to ...
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