Sunday, 21 June 2015

Points to note by an astute and diligent Teller before paying a cheque across the counter

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1. Date on the cheque – it should not be stale 2. The presenter of the cheque, the payee [the cheque ] is not endorsed for another...
Thursday, 18 June 2015

Instances which might make a collecting banker to be liable for negligence

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Failure to obtain a reference when a new account is opened – Ladbroke V Todd [1914]; Failure to follow up references, especially where ...

What is Treasury Management and state its functions?

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Treasury management is a system by which an institution monitors and controls the funds available to ensure a maximum yield or savings for ...
Wednesday, 17 June 2015

The Bulls, And The Bears Of The Stock Market.

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There are two basic market desc riptions used to determine  the general direction of the market most times.The terms are used to describe...

Modus Operandi Of The Central Securities Clearing System, (CSCS) In Relation To Stocks And Shares In Nigeria.

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Introduction   The Central Securities Clearing System, CSCS, has become a major operator in the Nigerian stock market, as stock transac...

What are the characteristics of financial assets ?

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There are peculiar characteristics that are inherent in financial assets that are normally used partly to determine their pricing in the fi...
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Tuesday, 16 June 2015

The implication of devaluation of nigerian currency to international marketers(import and export)

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Devaluation means decreasing the value of nation's currency relative to gold or the currencies of other nations. Devaluation occurs in ...
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