Corporate Finance

We all know tax is a compulsory levy paid to the government of state or country by individuals and companies that live in that country. We make these contributions to the government as a Civic duty and used by the government to provide basic amenities such as roads, water and … [Read more...] about Profit Before Tax (PBT) – All You Need To Know

Banks and banking services in Nigeria and the world continue to be evermore evolving. More and more innovations and developments keep rising daily, and there is more exposure leading to an increase in financial inclusion. One of such events is the uprising of agency banking. This article … [Read more...] about Agency Banking in Nigeria explained

Banking has become one of the essential tools in everyday life. The provision of banking services has made all activities more comfortable and accessible, and this transcends just financial activities. There is hardly a thing or event done today, that banking services would not be useful … [Read more...] about Internet Banking – Meaning and How it Works

Opening a bank account is easy, but it is important that you know the type of bank account you are opening. A savings account is regarded as one of the most common account types. Here, I will explain what it is and everything else you need to know.  What is a Savings Account? As the name … [Read more...] about Savings Account – Everything you need to know

A bank account is one of the essential tools in business and financial transactions. You cannot carry out most financial transactions without an account; so it is almost impossible to buy and sell or receive and pay for things. In this article, we will provide information on bank accounts, and two … [Read more...] about What is the difference between savings and current account

More often than usual, issues in banking and the financial sector feature more frequently in public. It can all get a little confusing if you do not fully understand all the concepts. This article provides information on banking, how it works, the types and its evolution.  What Is … [Read more...] about Banking in Nigeria – Types and Evolution

This article highlights differences between a standard invoice and a proforma invoice.  As a business owner, accepting payments is the very bane of your business. To offer products or services, getting paid is essential to keeping your business profitable. However, also requesting for … [Read more...] about Proforma Invoice vs Standard Invoice

It is no news that starting a business requires capital. While some fresh business owners opt for loans, some apply for grants. Grants do not necessarily require payback and as such, prove to be a useful measure that supports starting businesses. In Nigeria, a secure and easy way to get funds … [Read more...] about 5 Sources of business grants in Nigeria for startups

Have you ever wondered what the difference between a current account and a savings account was? Well, you need not wonder anymore. Here's all you need to know. The first thing you want to understand is, current accounts help enable frequent and regular transactions, and they're mostly used by … [Read more...] about Opening a Current Account: All You Need to Know

Having a bank account in the 21st century Nigeria is a necessity. But you know what's even more important? Knowing the type of bank accounts available for you! Having the choice of options makes it possible for you as a customer to select from a range of options; options which fit your immediate … [Read more...] about 7 Types of bank account in Nigeria