CBN’s New Global Standing Instruction Guidelines
A creditor bank can recover the principal sum, which is the loan amount or the total sum granted or disbursed to the borrower, as well as the accrued interest on the loan, stated in the loan agreement.
A Practical Guide to Documenting your Contract
A lady once took to social media to call out [...]
STAMP DUTIES CHARGE INTRODUCED ON VARIETY OF TRANSACTIONAL AGREEMENTS & OTHER INSTRUMENTS
Stamp Duties! Two words Nigerians hate to hear especially with [...]
Formation Of Non-Governmental Organizations (NGO’s) In Nigeria
Foundations, Initiatives, Non-Profits, Civil Societies, although with different names are all classified as Non-governmental Organisations (NGOs).
MICROFINANCE BANKING IN NIGERIA
Microfinance is an array of financial services, including loans, savings [...]
PAYMENT FOR GOODS AND SERVICES IN NIGERIA WITH FOREIGN CURRENCY
There is currently a growing practice of trading goods [...]