Archives Tag: interest rates
Simple Guide to Understanding Interest Rates in Nigeria
April 19, 2022
Interest rates are important to any nation’s economic framework. It affects personal finances, business operations, and the overall economy. This is also true in Nigeria. However, not many understand how interest rates are determined. For many, interest rates are arbitrarily determined by individual banks. But nothing can be farther from the truth than that. … Continue reading Simple Guide to Understanding Interest Rates in Nigeria
The Difference Between Dividends And Interest Rates
April 19, 2022
These two terms are prevalent while making investment decisions, but very few understand clearly the distinction between these two terms, this is because these terms sound like they should mean the same thing, but they don’t and you must understand the difference. Read more about Finance Receiving interests and dividends seem like incomes for an … Continue reading The Difference Between Dividends And Interest Rates
The Law & You: Tools Of Monetary Management And Control Of Banks
April 19, 2022
A bank is an establishment authorized by a government to accept deposits, pays interest, clear checks, make loans, act as intermediary in financial transaction, and provide other financial services to its customers. If a nation’s economy were a human body, then its heart would be the central bank. And just as the heart works to … Continue reading The Law & You: Tools Of Monetary Management And Control Of Banks
