What’s the Difference Between Operating Cycle and Cash Cycle
Operating cycles and cash cycles are measures of how effective a company is at managing its cash. When a company invests in inventory, its cash is tied up until the…
Tax-Adjusted Basis Vs. Book-Adjusted Basis
The idea behind Generally Accepted Accounting Principles is to enforce some degree of uniformity among varying companies’ financial statements and methods of accounting. However, it’s possible for a company’s financial…
How to Calculate the Present Value of Free Cash Flow
The basic premise of finance is that money has time value — a dollar in hand today is worth more than a dollar in the future. The study of finance…
Difference Between Assets and Plant Assets
A factory and its machinery are examples of plant assets. Broadly speaking, an asset is anything that has value and can be owned or used to produce value, and can…
Banks to prioritise FX allocation for real sector, as demand soars
Bank executives rose from their monthly industry meeting on Thursday with a firm agreement to seriously downplay foreign exchange access to invisibles -school fees, medical bills abroad- but rather to…
Cheaper brands, margin expansion bolster International Breweries performance
International Breweries Plc’s approach of going down the price ladder has widened its sales base, an impressive result that trickled down to the bottom lines as the Nigerian brewer recorded…
MTN Nigeria selects Gemalto for first commercial rollout of GSMA Mobile Connect authentication service
Gemalto the world leader in digital security has been selected to provide its LinqUs Mobile ID platform to MTN Nigeria. This new project, operated for MTN in SaaS mode by…
What’s Love got to do with it?
The Quest Tonye Cole Love…that word seems to be at the center of so much confusion in our world today. It’s at the heart of troubles in the home and…
Stakeholders anchor growth on higher productivity
Only the enhancement of Nigeria’s productive base and a tempering of the appetite for foreign goods can guarantee sustainable development, stakeholders say. The stakeholders, including Adams Oshiomhole, governor of Edo…
Naira hits record low of 321 on dollar shortage
Nigeria’s naira hit a record low of 321 to the dollar on the parallel market on Thursday, traders said, as importers desperate to meet their obligations scrambled for dollars. The…