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 →
Most Nigerian banks provide credit card to salary earners who bank with them, but it’s also all too easy to rack up a big bill. If that’s happened to you... 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 →
The sort code is a number which usually identifies both the bank and the branch where an account is held. The sort code is usually used when transferring funds from... read more →
USSD stands for Unstructured Supplementary Service Data. It allows bank customers have access to basic financial services by simply dialing the code of your bank. The USSD Codes of Nigerian... read more →
Traditional lenders in Nigeria have recently embraced online lending with a number of leading banks having set up online only entitles such as Alat by Wema bank and Specta by... read more →
The most important sources of bank loans in Nigeria include: paid-up capital, reserve fund, accumulated profit, and deposits. The word deposit represents the money in the funds of a bank’s... read more →
