Alternative funding to bank loan
This article is for those seeking funding but looking to avoid the high interest rates from bank loans The Central Bank of Nigeria recently increased its benchmark interest rate to 26.5%. The apex bank’s reason for increasing interest rates is geared towards tackling the high inflationary environment in Nigeria. The inflation rate hovers around 30% and of the highest levels in over 15 years.
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How best can we control the financial situation of a failing organization?
Controlling the financial situation of a failing organization requires a structured approach that involves identifying the root causes, implementing strategic changes, and managing resources effectively to stabilize and potentially turn around the business. Below are key strategies to help control and improve the financial situation of a struggling organization:
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What is Capital Market and why is it so important?
In today’s fast-paced, global economy, capital markets play a pivotal role in the financial systems of countries around the world. Whether you're an individual investor, a corporation, or a government, capital markets are essential for raising funds, facilitating investments, and driving economic growth. But what exactly is the capital market, and why is it so important? Let’s break it down.
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