TranscriptUdom Emmanuel took governorship of the Nigerian state Akwa Ibom in 2015. Since then he has transformed the southern coastal region from a civil service state into an attractive destination f...
In the world of finance, the failure of a bank is not an uncommon occurrence. While it may seem perplexing that a bank can go under and yet borrowers are still expected to repay their loans, there are several factors at play that explain this seemingly paradoxical situation.First and foremost, it is
If you are looking for a safe and profitable way to grow your savings, you might want to consider opening a high-yield savings account or a certificate of deposit (CD) with a reputable bank. These accounts offer higher interest rates than the average savings account, which means you can earn more mo
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A limited liability company (LLC) is a popular business structure that offers many benefits to entrepreneurs. One of these benefits is the ability to borrow money through an LLC loan. In this article, we will explore how a limited liability company loan works and what entrepreneurs need to know befo
Money and credit are two essential concepts in banking, as they determine how banks operate and how they affect the economy. Money is any item that is generally accepted as a medium of exchange, a unit of account, and a store of value. Credit is the ability to obtain goods or services before payment
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There are various ways to deposit money in a bank, and the availability of these methods can depend on the specific bank and its services. Here are some common ways to deposit money into a bank:1. Cash Deposit at the Branch:- You can visit the physical branch of the bank and
Micro, Small and Medium Enterprises (MSMEs) are emerging as a pivotal force in driving financial inclusion in Nigeria. Financial inclusion is increasingly recognized as a catalyst for entrepreneurial growth and enterprise inclusiveness.A study conducted in Southwest Nigeria has shed light on t
