Finance

To thrive in the financial world, it is important that you understand some basic terminologies. Having an understanding of these concepts will surely give you an edge. One of these concepts is the Value added Tax which is also known as Good Service Tax (GST) in some countries of the world. If you … [Read more...] about Value Added Tax in Nigeria – Meaning and Rates

If you are on this page to read about stamp duties in Nigeria, then you are on the right page for information. In this article, we will discuss everything you need to know about stamp duties in Nigeria. This includes the purpose, the guidelines, and all other important things you need to know that … [Read more...] about Stamp duty charges in Nigeria

Tax is a compulsory financial charge which is managed by a state. The system of tax was created to fund state institutions and projects. Taxes are gained from citizens' earnings or from the goods and services they buy. Many countries have a tax system to collect money for their survival. … [Read more...] about Taxation in Nigeria – History of Taxation

Lagos is one of the most developed states in Nigeria and the most industrious area. Therefore, it has a high population and accommodates most of the headquarters of well-known businesses in the country. In reality, this has caused an ever-rising cost of housing and infrastructure in the state, with … [Read more...] about Lagos Building Investment Company – Everything you should now

The government of a country consist of different sectors that come together to make the bodywork as a whole. In addition, one of the less spoken of, but very important sectors is the finance arm. The finance section of the government manages a country’s revenue as well as controls financial … [Read more...] about Public finance in Nigeria explained

There are several bodies around the world that monitors and ensures the global development of economies to improve the standard of living. These organizations focus on the private sector of developing and underdeveloped countries. The international finance corporation is a member of the World Bank … [Read more...] about How to get funds from International Finance Corporation(IFC)

Running a business requires lots of analysis and background mathematics that express guaranteed and possible profitability. It is on this basis that we run a company or business, and also how the business attracts investors. In addition, one very important analysis to carry out is the profitability … [Read more...] about Profitability Ratio – Meaning and everything you should know

Life is full of various needs. Economists refer to these needs as wants. And basically, since these needs are infinite, we are most times in a dilemma of which to satisfy. However, to satisfy these needs, we prioritize one over the other. Basically, this is the concept of trade-off. In this … [Read more...] about Trade-off – Meaning and what you should know

It is important to stay updated with some important terms in the financial world. Understanding these terms gives you an edge. In this article, we will be discussing explicitly about discount houses in Nigeria. Basically, they are financial institutions saddled with the responsibility of … [Read more...] about Discount Houses in Nigeria – Meaning and what you should know

Islamic banking has emerged as a compelling alternative in Nigeria. It weaves its ethical threads into the nation's financial fabric. Islamic principles prioritize fairness, transparency, and risk-sharing in banking. This approach fosters a more equitable and transparent financial ecosystem. … [Read more...] about Islamic banking in Nigeria Explained