Dangote Refinery: An overview
Dangote Refinery, located in Lagos, Nigeria, is one of the largest oil refineries in the world. The project, spearheaded by…
Recurrent expenditure: Meaning, how it works and more
Recurrent expenditure is a term used to describe ongoing expenses that must be regularly paid to maintain the daily operations…
Debt Service: Meaning, components and more
Every day we take on credit and try to manage debts offered to us. Understanding debt service is important for…
Creditworthiness: Meaning, importance, tips and more
Creditworthiness is an important concept in the world of finance, referring to a borrower’s ability to repay a loan or…
Bureau of Public Enterprise: Functions, impact, history, and more
What is the Bureau of Public Enterprises (BPE)? The Bureau of Public Enterprises (BPE) is a Nigerian government agency responsible…
Unemployment: Meaning, types, causes and more
Unemployment is a significant concern for governments, businesses, and individuals, as it can have severe economic and social consequences. In…
Underemployment: Meaning, types, causes and more
Underemployment can lead to a range of negative outcomes, including financial strain, reduced job satisfaction, and mental health issues. This…
NIPC: Purpose, function, power, and more
What is the Nigerian Investment Promotion Commission (NIPC)? The Nigerian Investment Promotion Commission (NIPC) was established to promote and attract…
NAFDAC: Responsibilities, history, product approval and more
What is NAFDAC? The National Agency for Food and Drug Administration and Control (NAFDAC) is a regulatory body in Nigeria…
Budget deficit: Meaning, types, causes and more
In the world of economics and finance, the term “budget deficit” is often heard and discussed. Budget deficits can have…