TranscriptBank of Industry is Nigeria’s oldest, largest, and most successful development finance institution. Over the last six years it has provided financing to over four million enterprises, helpin...
A value for money ratio is a measure of how much value a stock offers relative to its price. One way to calculate this ratio is to divide the earnings per share (EPS) by the price per share (PPS). The higher the ratio, the more value the stock provides for each dollar invested.Based on this formula,
That is an interesting question. The answer may depend on how you define destiny and what kind of change you are seeking. Some people may believe that destiny is predetermined and immutable, while others may believe that destiny is influenced by our choices and actions. Some people may want to chang
In an era where sustainability is no longer a choice but a necessity, Baiduri Bank has taken a bold step forward. The bank has pledged its commitment to sustainable banking and introduced a new brand promise: “Co-creating your future”. This promise is not just a tagline, but a reflection of the ba
If you are looking for a safe and reliable way to grow your savings, you might want to consider opening a certificate of deposit (CD) account. A CD is a type of deposit account that offers a fixed interest rate for a specified term, usually ranging from a few months to several years. Unlike a regula
Preet Bharara, US attorney for the Southern District of New York, discusses the charges being faced by two former pharmaceutical executives for their participation in an illegal kickback schemeMarkets...
TranscriptWorld Finance: Greece’s debt is largely believed to be unsustainable and unrepayable; is this the case?Steve Hanke:They even have debt of €1.5bn that’s coming due in, I believe, the end of F...
Futures contracts are financial derivatives that oblige the buyer to purchase some underlying asset (or the seller to sell that asset) at a predetermined future price and date. Futures contracts are standardized and traded on a futures exchange. They derive their value from an underlying asset, such
In the world of finance and commerce, various instruments are used to facilitate transactions and ensure the smooth flow of funds. Among these instruments are promissory notes, bills of exchange, checks, and bank drafts. These financial instruments play a crucial role in enabling individ
