Axxela, a leading energy company, is spearheading a transformative shift in Nigerian industries through its focus on natural gas. This strategic move aligns with the global trend towards cleaner and more efficient energy sources.Axxela, through its four subsidiaries, supplies natural gas to commerci
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...
A limited liability company (LLC) is a popular business structure that offers personal liability protection to its owners. However, like any other business, LLCs require funding to operate and grow. One of the ways LLCs can secure financing is through a limited liability company loan.A limited liabi
As a professional in the financial industry, I often encounter clients who are unfamiliar with standby letters of credit and their purpose. In this article, I will explain what a standby letter of credit is, its characteristics, and how to obtain one.What is a Standby Letter of Credit?A standb
Banks are financial institutions that provide various services to individuals, businesses, and governments. They are essential for the functioning of the economy, as they facilitate the flow of money, credit, and investments. However, not all banks are the same. There are different types of banks th
Abu Dhabi, where Union National Bank's headquarters are basedBanking|Retail bankingAuthor:Mohammad Nasr Abdeen, CEO of Union National BankTop 5Top 5 forces that will shape international finance in 202...
Lagos, NigeriaBanking|Commercial bankingAuthor:Urum Kalu Eke, Group Managing Director, FBN HoldingsTop 5Top 5 forces that will shape international finance in 2023Top 5 female-fronted fintech firmsTop ...
Tehran, Iran. The country's oil industry has been particularly baldy hit by the recent US sanctions and this new European mechanism will not cover transactions related to this sectorFeatured|MarketsAu...
If your bank fails, the first thing to keep in mind is that you won’t lose all your deposits. TheFederal Deposit Insurance Corp. (FDIC)insures bank accounts up to $250,000 per depositor, per account c...
