DefinitionA bank reconciliation is a document that matches a company’s cash balance on its balance sheet to the equivalent amount on its bank statement. Bank reconciliation is done at intervals to e...
Syndicated loans are a popular form of financing that involves multiple lenders providing funds to a single borrower. These loans are typically used for large-scale projects or acquisitions and can pr...
Following the credit card company, Mastercard’s revelation on Monday, Feb. 24, 2020, that the deadly coronavirus outbreak could have an effect on its revenue for the 2020 fiscal year, its shares f...
Msport amongst other betting platforms offers users the privilege to earn from their passions. While this has come to stay, many still don’t have an idea how to open a Msport account, Bet on the Msp...
One of Africa's leading genomics startups, 54Gene, co-founded by Abasi Ene-Obong is wrapping up its operation. Before the firm started its full-time operation, it underwent three funding rounds in whi...
Access Holdings Plc Board of Directors has announced the death of its beloved Chairman, Bababode Osunkoya.The statement by the Board of Directors of Access Holdings about the death of Late Bababode Os...
A structured investment vehicle (SIV) is a non-bank financial entity that is designed to purchase investment targeted to profit from the gap in interest rate – known as the credit spread – between...
The Federal Government of Nigeria has announced listing N4.214 billion of its April 2024 Savings Bonds on the Nigerian Exchange Ltd. (NGX) platform.Godstime Iwenekhai, Head of NGX's Issuers Regulation...
Southern Roots Vegan Bakery Black-owned bakery Southern Roots has seen a 100 percent spike in its sales over the past couple of months. The San Antonio based vegan bakery saw tremendous...
Fitch Warns of Economic Challenges for Nigerian Banks in 2025 Key Highlights:International credit rating agency Fitch Ratings has forecast a challenging operating environment for Nigerian banks i...