The Economic Aid to struggling small businesses, non-profit entities, and venues Act, which was a component of the Consolidated Appropriations Act, 2021, signed into law on Dec. 27, 2020, established ...
Financial ratios provide lenders and investors with critical information about a company's financial status.The interest coverage ratio is an important financial number that indicates a company's abil...
Debt / EBITDA is one of the key financial ratios used in assessing the creditworthiness of a corporation both by rating agencies and in debt-financed takeovers. It is also used to determine ...
The Tertiary Institutions Entrepreneurship Scheme was created by the Central Bank of Nigeria as part of its commitment to enhance economic growth by reducing level of unemployment among Nigerian ...
What is financial inclusion? Financial inclusion has to do with creating initiatives to avail financial services and products to individuals and businesses, regardless of individual...
Debt negotiation is a huge relief for many borrowers who find it difficult to complete the payment of their debt due to some circumstances. This process is a great way to be free of some financia...
According to the annual report released recently, Klarna is moving toward profitability despite a $1bn decline in revenue in 2022.The Swedish fintech company Klarna, even after facing a loss of $1bn h...
In Nigeria, Zenith Bank is said to be amongst the top 5 best financial institutions in the country which has attracted a lot of potential customers willing to use their services. In the past years, Ze...
Debt to Equity (D/E) is a vital financial measure which shows the ratio of debt owed by a company compared to the equity value of the company. The calculation for debt to equity is:Total Lia...
Default is the technical definition of when any borrower fails to make a payment on their debt. This can be a failure to pay interest or principal and can be any amount.Default is usually a sign of fi...