What is a Bank Confirmation Letter (BCL)?DefinitionA bank confirmation letter is a letter that confirms an established loan or line of credit with a financial institution. It is a letter gotten f...
Walmart Inc. (previously Wal-Mart Stores, Inc.) is an American multinational retail firm headquartered in Bentonville, Arkansas, that operates a chain of hypermarkets (also known as s...
EverGrow Coin, the first Yield Generation token that rewards its users in USDT, aspires to become the next big New Cryptocurrency, as part of a series of crypto innovations.The repurchase mechanism in...
Shareholders of Zenith Bank Plc, at the 31st Annual General Meeting (AGM) of the bank held on Wednesday, April 6, 2022, at the Civic Centre, Victoria Island, Lagos, unanimously endorsed the propos...
The Central Bank of Nigeria (CBN) has granted MTN the final approval to operate as Momo Payment Service Bank Limited (Momo PSB). This was disclosed in a press release titled “THE CENTRAL BANK...
What is a Bank Credit?Definition‘Bank Credit’ is a financial term used to refer to the amount of money a business or individual can borrow from a bank. It is also referred to as the money tha...
The federal government explains why they shut down illegal money lending banks. FG announced that these money lenders that didn't register under the Corporate Affairs Commission (CAC) were engr...
Top Credit Cards to apply for A credit card is a small rectangular piece of plastic or metal provided by a bank or financial services business that enables ...
Flutterwave is a Nigerian fintech firm that provides payment infrastructure to international merchants and payment service providers across Africa. Iyinoluwa Aboyeji, Olugbenga Agboola, and Adeleke ...
What is Bank Reserve? Loans are usually given after a corresponding or overly compensating value of the collateral has been signed in. In like terms, bank reserve refers to the bulk of curre...