Meaning of Bill of Lading

The meaning of Bill of Lading Bill of Lading which is sometimes abbreviated as B/L or BoL is a document issued by a carrier to acknowledge receipt of cargo for shipment. The meaning of bill of lading is a very crucial one as it is the document used in international...

Bills For Collection In International Trade

Bills for Collection in international trade is a useful instrument where the exporter is willing to dispatch goods based on an agreed period of credit to the importer. In addition, Bills for collection in international trade is also a mode of payment used for the...

Letter Of Credit

A letter of credit, also known as documentary credit, or bankers commercial credit, or letter of understanding is a payment mechanism used in international trade to provide an economic guarantee from a credit worthy bank to an exporter of goods. Letter of credit is...

Export Business In Nigeria

Export business in Nigeria can be termed a lucrative business and this is why it is quite compelling to consider exporting from Nigeria based on having the requisite knowledge and current economic parameters. Some of the benefit of export business in Nigeria are as...

Regulatory Bodies In Nigeria

Regulatory bodies in Nigeria serves two (2) primary functions. They implement laws and they equally ensure the enforcement of the law. This is very fundamental for Customs clearance and freight forwarding services. As a logistics company in Lagos Nigeria, click here...
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