The Central Bank of Nigeria (CBN), in its circular of July 10, 2019, requires banks to maintain a minimum Loan-to-Deposit Ratio (LDR) of 60 percent by the end of September 2019. The directive also requires that, effective from the next day, banks’ daily […]
Equipment financing is any method a business uses to fund the acquisition of equipment needed for running the business. This can range from equipment leasing, through loans tied to specified equipment, to lease-back where the business leverages an existing equipment […]
In order to survive, there are some accounting documents that must be available in your business. The management of a small business requires the preparation of documents for the filing of business taxes; application for business loans; the internal tracking […]
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