Search results for bank

May 17, 2022

How Money Works

Everyone talks about money and everyone is in need of money. There is hardly anything one wants to do that doesn’t involve money. But not everyone knows how money works.That is why some don’t know...

February 12, 2023

How Naira Scarcity Is Affecting Nigerians

As Nigeria draws closer to her general election, its prolonged scarcity of the naira notes and petrol is becoming a major concern to citizens as financial experts warn that it would lead to more probl...

October 31, 2022

Outstanding Checks

What is an Outstanding Check?A check (or 'cheque') that has been written but hasn't been cashed or deposited by the payee is known as an outstanding check. The person or organization writing the check...

November 14, 2019

The Bursting Asset Bubbles

The recent implosion of the global equity markets - from Hong Kong to New York - engendered yet another round of the semipternal debate: should central banks contemplate abrupt adjustments in the pric...

February 22, 2020

Basel I

What is the definition of a Basel 1DefinitionBasel I (also known as the 1988 Basel Accord) is a set of international banking rules created by the Switzerland-based Basel Committee on Bank Supervision ...