R&D Costs: What They Entail and Tax Considerations

What Are R&D Costs? Research and Development costs are the expenditures incurred by a company in its pursuit of new and improved products, services, or processes. For companies in various sectors, especially those in automobile, technology, pharmaceuticals, and manufacturing, R&D is the lifeblood that fosters innovation and long-term competitiveness. Think of Research and Development expenses as what … Read more

Company’s Financial Health: Its Importance and How To Analyze It

What is Financial Health? A company’s financial health is a term used to describe the state of an organization’s financial affairs. It is a snapshot of the company’s financial strength and stability. When assessing financial health, a variety of factors come into play, including whether a company is thriving, just surviving, or facing minor or severe challenges. … Read more

Refugees in Niger Republic: Figures and Camps

Out of 302,137 refugees and asylum seekers in the Niger Republic, Nigeria accounts for at least 199,803 followed by Mali which accounts for 22.14% (66,893.1318), according to data from the United Nations Office for the Coordination of Humanitarian Affairs (OCHA). Other refugees in the country came from Burkina Faso (9.52%) while 2.21% are from other countries. But the … Read more

Best Way To Calculate the Net Worth of a Country

The term “net worth” has frequently been used especially when discussing the fiscal health of individuals, companies and businesses. This is the concept used to gauge the wealth of Elon Musk, Aliko Dangote, and other billionaires around the world. But how can this concept be translated when it comes to evaluating the net worth of … Read more

Why a Company Sees Rising Revenue and Declining Profits (With Examples)

Does high revenue mean more profit? Not necessarily. A company could experience a spike in revenue, yet see a decline in profits. Let’s get it right once and for once: a company might witness a rising revenue, but declining profits. How increasing revenue and declining profits happen We already spelt out distinctions between revenue and … Read more

Understanding Revenue vs Profits in Business: A Simple Guide

Understanding the difference between revenue and profits is a very important aspect of business management and financing an entrepreneur needs to know. This article aims to explain the complex dynamics between revenue and profits and their significance in the day-to-day activities of a business. It provides a comprehensive overview of how they are calculated, and … Read more

Exchanges Where You Can Buy OXT

There are more than 30 exchanges to buy Orchid coins, they include Kraken, Binance, Bithumb, KuCoin, Coinlist Pro, Gemini, Coinbase Exchange, Upbit, Binance U.S, Bitget, Kriptomat, Bittrex, Uphold, CoinEx, OKX, Gate.io, Tapbit, and Huobi among other. There are 1,000,000,000 (1 billion) units of Orchid (OXT) in supply. And there are over 35 exchanges where you can buy the Orchid … Read more

How Does Central Bank Digital Currency Work?

When you hear central bank, the first thing that comes to mind is a country’s apex financial institution, that is, the bank that controls the monetary activities and the activities of banks in a country. But the advent of cryptocurrencies like Bitcoin, Ethereum, and other altcoins had pushed the responsibilities of the central bank beyond … Read more

Benefits of Blockchain in Land Registry

One major topic that has dominated discussions in the real estate sector is the possibility of deploying blockchain to manage property documents and titles. It isn’t just in real estate, the new technology has been deployed in healthcare, judiciary, and cyber security because of its efficiency and transparency. In this article, we will take a … Read more