Keystone Bank Limited has introduced a trade portal to support the international trade activities of its customers.
Speaking at a customers? trade forum it organised in Lagos, the Managing Director/Chief Executive Officer, Philip Ikeazor, described the new trade portal as a simple end-to-end solution that supports manufacturers, importers, and other companies to engage in foreign exchange transactions.
According to the Keystone Bank boss, the portal would also help customers initiate trade transactions from their offices, homes or anywhere they are.
Besides, he said new trade patterns would lead to new financial instruments and new ways of adding value for customers. This, he pointed out, would also drive trade transactions in the economy.
Ikeazor said the forum was vital as governments and various bodies have continued to emphasise the significance of international trade to the growth of the economy.
In his presentation, the Comptroller-General, NCS, Alhaji Inde Dikko, who was represented by the Deputy Comptroller-General, Aber Benjamin, acknowledged the lapses and delays caused by service providers at the ports.
He said that all the challenges would have been addressed by the end of November this year when the Customs completely took over the running of the ports from the service providers.
Already, preparatory to the handover, he said the Customs had put in place a process that allow ? four shifts of six hours? to reduce the delays, thereby ensuring a 24 hour operations.