A lender of last resort is, as the name implies, a lender that will offer credit to institutions when they cannot find it anywhere else. The most common lender of last resort is the Central Bank, the ...
Global financial organization, Guaranty Trust Bank Limited (GTBank) offers a wide range of industry-leading financial products and services to people, companies, and private and public organizations a...
The process of documenting, compiling, and reporting the numerous transactions occurring from corporate operations over a particular period is known as financial accounting. The compilation o...
Finance may be defined as the management of financial resources, which includes planning, forecasting, budgeting, and investing. It entails employing future income flows to finance projects...
Definition A leverage ratio is a financial metric that evaluates the amount of capital that comes from debt (loans) or evaluates a company's capacity to satisfy its financial oblig...
Given the number of innovative firms that are emerging every day in Africa, Nigeria continues to aggressively dominate the continent's startup ecosystem. Realizing this, it is no surpris...
A firm's revolver is a line of short-term credit which the firm can access when it needs short-term funding to pay for operating expenses or one-time transactions. The revolver is always use...
DefinitionBankruptcy is a term used to describe an individual’s or organization’s inability to make payment to its creditors or fulfill its outstanding financial obligations. Though the term is mo...
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...
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...