The Factoring Assignments and Receivables Bill 2024 (SB. 59)- Senator Abiru Spouses.


Today, the Nigerian Senate took another step toward advancing the nation's financial services landscape with the second reading of a crucial bill he sponsored, titled the Factoring Assignments and Receivables Bill 2024 (SB. 59).

This bill will establish clear and modern rules on the assignment of receivables, providing greater transparency and certainty for businesses.

This reform aims to unlock new opportunities for credit and capital by safeguarding current practices while encouraging the development of new ones. It will ultimately benefit both domestic and international trade.


#DoingGood #FinancialReforms 

#BusinessGrowth #EconomicDevelopment


LaRoyal Global CommunityNews:

Copyright (c) 2024.


Comments

Post a Comment

Popular posts from this blog

IKODASS & BOBAKEYE Club Foster 33rd Edition of Ikorodu-Oga Festival with Education Initiative.

Image
By Araba, Olawale Enifenilanfe: The “ Bobakeye Club of Ikorodu ” in association with The Ikorodu-Oga Development Association (IKODASS) has distributed Over Five Thousand (5000) pieces of exercise books to the pupils of Ijomu Primary School and Anglican Primary School, located at Bab-sheriff area of Aga, Ikorodu, Lagos State, Nigeria yesterday, Thursday, September 26th, 2024 in a grand gesture of community Support and to encourage quality educational background of the new generations through giving back to their community. In an interview with the President of the Bobakeye Club of Ikorodu, Chief Mrs Olaide Kamson, ably represented by her Vice, Alhaja Ewatomi Eruobodo along with a member, Alhaja Babayemisi Ronke said, this is their first edition of distributing buck of exercise book to help assist the vulnerable parents in the community through the educational initiative. “Having this established this year 2024 becomes a monthly task for the entire  Bobakeye Club of Ikorodu “. Expect...
Read more

Ikorodu-Oga Association UK & Ireland Based Rings in New Year: Celebration of Cultural Heritage

By Araba, Olawale Enifenilanfe: The Ikorodu-Oga Association in the United Kingdom and Ireland held its 27th annual New Year celebration yesterday at the Jessie Duffett Tenants Hall, situated on Wyndham Road, London. The event showcased the involvement of distinguished dignitaries from Ikorodu, emphasizing a celebration of their cultural heritage and identity. This occasion was further enriched through collaboration with the Wyndham and Combined Tenants and Residents Association, resulting in an engaging atmosphere filled with entertainment and enjoyment for all attendees, including association members. Established on April 6, 1998, the Ikorodu-Oga Association, UK and Ireland marked its 27th year of service and existence during this event. Ikorodu-Oga Association K and Ireland! Ajuse O!  LaRoyal Global CommunityNews🌐: 2025 ©️ Edition.
Read more

Putting The Cart Before The Horse.

Image
By Araba, Olawale Enifenilanfe: "Is one adequately prioritizing tasks, or succumbing to hasty actions? By deliberately prioritizing ethical conduct for oneself and others, individuals can foresee a fulfilling life accompanied by propitious opportunities. Over time, individuals will come to understand that opportunities are not overlooked, steering them towards the right path in life. Consistently opting for what is morally upright, despite contrasting actions by others, holds paramount significance." I hope this meets the requirements. What are your thoughts on this? LaRoyal Global CommunityNews #LaRoyalCommunityNews Copyright (c) 2024
Read more