Archives Tag: debts
The Difference Between Debts And Expenses
April 19, 2022
Debt is the most common word, not just in business but across different situations. Debt is the amount which is recoverable from a person or entity. You just lend money to your friend and it amounts to debt. Read more about Finance On the other hand, an expense is an item requiring an outflow of … Continue reading The Difference Between Debts And Expenses
How to Know if Your Business Can Pay its Debts
April 19, 2022
Can your business repay its debts? This question comes up when business people are considering getting a loan, or evaluating their current financial situation. If you have a ready answer to it, plus the details that support your conclusion, you’ll be able to decide if it’s right to borrow or get supplies on credit. It … Continue reading How to Know if Your Business Can Pay its Debts
Excessive Government Borrowing: A Few Thoughts on Chinese Loans
April 19, 2022
An unimaginable entourage of government officials stormed Forum on China and Africa Cooperation (FOCAC), China on September 1, jostling desperately with other African leaders for a share of $60 billion of badly needed funds for infrastructural development. The move was greeted with severe criticism in droves from the elites who opined the nation is gambling … Continue reading Excessive Government Borrowing: A Few Thoughts on Chinese Loans
By adedoyin
CBN’s Name and Shame Directive Gains Momentum
April 19, 2022
Central Bank of Nigeria (CBN)-initiated name and shame campaign of banks’ delinquent debtors gained further momentum yesterday as First City Monument Bank Limited and Ecobank Nigeria published their lists, according to the Punch. MRS Oil & Gas, a major player in the downstream sector of the oil and gas industry, topped FCMB’s list of delinquent … Continue reading CBN’s Name and Shame Directive Gains Momentum
By ejura
