Debt is used by many corporations and individuals to make large purchases that they cannot afford under normal circumstances or for other purposes. A debt arrangement ‘gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with Read more…
BACKGROUND Nigeria Employers’ Consultative Association (NECA) is the umbrella organisation of employers in the Organised Private Sector of Nigeria. It was formed in 1957 to provide the forum for the Government to consult with private sector employers on socio-economic and labour policy issues.[1] NECA provides a platform for private-sector employers Read more…
INTRODUCTION The success of every business is dependent on the level of funding/capital. Generally, Capital means any financial resources or assets owned by a business or organization that are useful in promoting development and generating income. Capital plays a significant role in the sustainability of a business because it serves Read more…
INTRODUCTION Banking transactions, like mobile transfers, appear simple, flexible, and straightforward on the surface. However, there is a structure behind the scenes that enables seamless money transfer between different banks. For instance, if Mr. A, a customer of ABC Bank transfers money to Mr. B, a customer of XYZ Bank, Read more…
A Federal High Court sitting in Lagos, in Suit No. FHC/L/CS/657/2018, recently awarded a fine of N6 million as general damages against Ethiopian Airlines Ltd. for cancelling three Nigerians’ flights without due notice to the plaintiffs. In his ruling on Friday, March 26, 2021, Justice Adekunle Faji also awarded another Read more…
1.0 INTRODUCTION The wave of technological advancement in the world has brought about a metamorphosis in different facets of human endeavour. In Nigeria, the financial industry has been at the fulcrum of this metamorphosis. The need for easy and fast payment gateways, financial inclusion/literacy and increased financial services to underbanked Read more…
INTRODUCTION Every business requires funds for its day-to-day running, such funds are popularly known as Capital. Generally, Capital means any financial resources or assets owned by a business or Organisation that are useful in promoting development and generating income. Capital is used to provide ongoing production of goods and services Read more…
1.0 INTRODUCTION Due to the structural effects of globalization, economic instability, poverty, and limited resources, there has over the years been a sporadic increase in the number of juveniles in need of adoption in Nigeria. On the opposite hand, there also exists those that may, Read more…
Trademark is a sign or any combination of signs that distinguish goods and/or services offered by a company from a similar company. A trademark is generally interchanged to include a service mark. In Nigeria, a trademark can include word mark, texture mark, hologram mark, colour and figurative elements. A certification Read more…
1.0 INTRODUCTION Due to the structural effects of globalization, economic instability, poverty, and limited resources, there has over the years been a sporadic increase in the number of juveniles in need of adoption in Nigeria. On the opposite hand, there also exist those that may Read more…