Credit: CNBC Video of United Airlines Layoff Plan On Wednesday, July 8, United Airlines (UAL) revealed its plan to continue with the laying off of airline workers as a result of t...
On Tuesday, Well's Fargo reported that it would support the launch of the Black Business Fund to capitalize on seven CDFIs and award $13.5M grants to Expanding Black Business Credit (EBBC) initiative....
Project Type Integrated refinery and petrochemical complex Location Lekki Free Zone, Lagos, Nigeria Processing Capacity ...
The year 2020 has been a rough year for many companies, from retail restaurants to entertainment industries and other kinds of businesses, the economic impact of the coronavirus pandemic on businesses...
The back-end ratio, also known as the debt-to-income ratio, is a ratio that indicates what portion of a person's monthly income goes toward paying debts. Total monthly debt includes expenses, suc...
If you are wondering why Kodak Stock is soaring, you are in the right place. Kodak stock was trading as low as $1.50 before the company dived into the pharmaceutical business. It ended today at $60 hi...
In the six months interim result reported by Union bank, the bank revealed that the central bank has increased its total cash reserves requirement from N296 billion to N484.5 billion from the month of...
Collateral is any asset which is used as backing for debt. In the event of a default on the debt, the collateral is seized to cover the losses. The most common example of collateral is in a mortgage, ...
A commercial bank is one which operates the more traditional model of banking. Some of the roles of a commercial bank are:Provide a savings account for customers to safely store their moneyO...
A Eurobond has two different meanings:An international bond that is denominated in a currency other than that of the country in which it was issued:These can be traded on the global marketsNamed after...