Export Business In Nigeria - How To Use FOB, CNF & CIF To Generate Profits Part1
In the history of export business in Nigeria, there have been many misconceptions about how to properly use the FOB, C&F and CIF incoterms to make profits.
Many exporters especially from Nigeria are not fully using these terms to their advantages.
Here in this part 1, I explained what FOB, C&F and CIF stands for, their features and how they relate in international businesses.
I also explained the responsibilities and major tasks of both importer and exporter according to these terms.
For video part 2 visit http://bit.ly/emckit2