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On 3rd August 2021, the recent Central Bank of Nigeria (“CBN”) released the Guidelines for the Establishment and Regulation of Payments Service Holding Companies (“PSHC”) in Nigeria. The Guidelines requires companies that intend to offer both switching and processing and mobile money services to set up a PSHC structure.
Information on how UK businesses can control risks when operating in Cameroon.
Charterhouse Lombard wants to get you set up for the long term– with a free visa for life.
The new export strategy kickstarts ‘Race to a Trillion’ as DIT publishes 12-point plan to help UK businesses hit £1 trillion in exports.
Looking to set up your UAE company? At Charterhouse Lombard we put together the best offers from free zones around the country to find the right match for you.
Risk on as US and China agree to a trade war ceasefire.
Risk demand gapped higher overnight, in response to the US-China trade ceasefire announced over the weekend. The greenback opens slightly weaker this morning as a result, especially so vs. the commodity currencies.
In other news, oil gained +5% after Russia and Saudi Arabia extended their accord on oil production cuts, the effects of which have been seen mostly in the reaction of USD/CAD. < /p>
It’s a heavy data/risk event this week for the USD, with ISM Manufacturing PMI due today, Fed Chair Powell due to testify on Wednesday, another Powel speech on Thursday, and employment data on Friday.