A Non-Performing Loan (NPL) in Nigeria is the sum of money borrowed in a loan contract in which the borrower has not made required repayments agreed to for at least... read more →
An asset is a resource controlled by the entity as a result of past events and from which future economic benefits are expected to flow to the entity. Assets are... read more →
Shareholders' funds refers to the amount of equity in a bank, which belongs to the shareholders. The amount of shareholders' funds yields an approximation of theoretically how much the shareholders... read more →
Profit Before Taxation combines all of the company's profits before tax, including operating, non-operating, continuing operations and non-continuing operations. In this educational article, we list the 2019 top banks in... read more →
Gross earnings are income before taxes or adjustments, it is calculated as revenues minus expenses. Bank's gross earnings is one measure among many of how well it uses its resources... read more →
When applying for an online loan these days, most companies will ensure that they verify the applicant before proceeding and funding their loan. This is a standard process to ensure... read more →
In the age of greater access to loans driven by online lenders, bankruptcy remains one of the more misunderstood topics in Nigerian personal finance. The confusion and myths surrounding bankruptcy... read more →
