Syndicated lending is a type of financing in which a group of lenders provides funds to a borrower, usually a corporation or a government entity. This type of lending is often used for large-scale projects and acquisitions, as it allows the borrower to access a larger pool of capital than they would
With a 125-year history and an expanding international network, FirstBank of Nigeria has a solid foundation for its private banking division to offer first-class, tailored services to high net worth customers. Idowu Thompson, the Group Head of FirstBank Private Banking, explains how the bank underst
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...
An aerial view of an unknown cargo ship off the coast of Guangdong, China. The two Chinese shipping firms have had their US assets' frozen, alongside other punitive measuresFeatured|MarketsAuthor:Soph...
The yuan has continued to depreciate against the dollar since August 2015Government policy|Infrastructure|NewsAuthor:Kim DarrahTop 5Top 5 forces that will shape international finance in 2023Top 5 fema...
Abdulbasit Al-Shaibei is the CEO and Board Director of Qatar International Islamic Bank (QIIB), one of the leading Islamic banks in Qatar and the region. He has been at the helm of QIIB since 2000, steering the bank to achieve remarkable growth and success in the Islamic banking sector. He also hold
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
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