The types of loans offered in Nigeria differ from one another by the terms of the loans. Learning the differences between the various types of loans can help you evaluate... read more →
Introduction The two most popular types of bank loans in present day banking services in Nigeria, these are loans and overdrafts. Other forms which may not necessarily take the shape... read more →
According to the world trade organization, some 80 to 90 per cent of world trade relies on trade finance. In 2016, world merchandise trade recorded its lowest growth in volume... read more →
As a result of the problems associated with establishing companies with huge asset requirements, coupled with the substantial capital often tied up in providing infrastructural needs like electricity, water, roads... 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 →
Commercial banks generally provide company loans in Nigeria and it represents a large proportion of their loans portfolio. It can be used to acquire fixed assets that have fairly long... read more →
Short term finance is used by businesses to cover the current liabilities such as creditors, expenses. Short term loans in Nigeria are provided by most of the CBN regulated lenders.... read more →
