It’s Official – Naira is Devalued!

Yes, it’s now official. As a fall out of the recently concluded MPC meeting, the Naira has been officially devalued from 155±3% to 168±5%

This means that the interbank rate and market rates are expected to see a jump of about N13±5%. This indicates that the pressure on the Naira is still on, and we can expect these rates for a while.

The big question is what do we do in times like this? How can we be on the side of the divide that smiles during calamity? What does a wise ant do? Wisdom is the manifestation of long term thinking.

One of the best ways to make this new tide work in your favour and enhances your prosperity is to ensure you are earning in dollars! This is really simple, if $1 equals N190 or 200 or more, then you need to ensure that your earnings in dollars increase. If you buy dollars today, you have a little edge based on how low it can fall, but your biggest advantage is when you are plugged into where you earn that way, it means you are earning more. Good way to earn in dollar is to do business with nations, i.e export trading.

Consequently, adventure Capital Limited in partnership with the Nigeria Export-Import Bank, Export Processing Zone, Commercial Banks, Embassies of major nations, office of the Hon. Minister for Trade and Investment, other lenders and key players in the Nigeria export value chain has set up an Export Training, advisory, Financing and Trading Desk aimed at promoting non-oil export from Nigeria to the rest of the world.

Attend Adventure Capital Export Training/Seminar to get yourself well equipped for export business in Nigeria ahead of 2015.This is not a crowded seminar, we focus on you!

Date: 31 January,2015.
Time: 12 noon
FEE: 7,500 Naira.
Speakers: Reputable industry Practitioners.
Venue:55e adebisi Omotola Close, Behind Zenith Bank Height, Off Ajose Adeogun Street, Victoria Island, Lagos.

Guest Speakers: Experienced Exporters, NEXIM Rep, EPZ REP, official from the following high commissions (UK, USA, China, Turkey etc), Rep of the Hon. Minister of Trade and Investment Bankers and other export authorities in Nigeria etc.

Export is real, experience the joy of doing business with nations, start exporting today!

To learn more and register, please visit: http://www.fbs.com.ng/EXPORT+SERVICES
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