Finance

Nobody Can Manage Tesla To Meet Elon Musk’s Conditions – Ross Gerber

It would be difficult for anyone to manage the affairs of Tesla under the “conditions that Elon would want and with the team that he has,” Tesla (TSLA) shareholder Ross Gerber has said. Gerber, the CEO of Gerber Kawasaki Wealth and Investment Management in reaction to advertisers fleeing Twitter – now X – over Musk’s

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Photo showing a trading expert trying to explore the lucrative opportunities of trading

Exploring the World of Trading and Its Lucrative Opportunities

Trading has been an integral part of human civilization for centuries. From the bustling bazaars of ancient times to the digital platforms of today, trading has consistently provided opportunities for growth, wealth creation, and global economic expansion. Today, trading has undergone a revolutionary transformation, thanks to technological advancements. It offers a world of lucrative opportunities,

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CBN Digitalizes Microfinance Bank Application Process

The Central Bank of Nigeria (CBN) has launched an online platform for the submission of applications for Microfinance Bank (MFB) operations. Called the CBN Licencing, Approval and Other Requests Portal (CBN LARP), the apex bank said on Wednesday that individuals or companies will no longer have to manually submit applications to establish microfinance banks (MFB)

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Benefits of Peer-to-Peer Lending and Its Challenges

What is Peer-to-peer lending? Peer-to-peer  (P2P) lending is a model that connects borrowers directly with investors through an online platform without the involvement of traditional financial intermediaries such as financial institutions. P2P lending can simply be described as the democratization of finance that offers new opportunities for both parties (the borrowers and lenders). Examples of P2P lending platforms

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British Pound Sterling To Naira

7 Ways To Prevent Cash Crunch and Signs To Pay Attention To

What is Cash Crunch? A cash crunch in the context of business is a state of financial strain where a business or company faces a shortage of available cash or liquid assets, which can hinder its ability to meet its operational needs and financial obligations. Factors such as declining sales, mismanagement of cash flows, misappropriation of

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Basics of Passive Income: Types, Ideas, and Benefits

What is passive income? Passive income refers to the earnings an individual derives from a rental property, limited partnership, or other enterprises in which they are not actively involved. Passive is one of the most strategic ways to financial stability, you earn while you sleep. Your money works for you, it generates income for you.

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What Are Selling, General, and Administrative Expenses (SG&A)?

What are SG&A? Selling, General, and Administrative expenses also known as operating expenses includes all of the costs associated with a company’s daily operations that are not directly linked to the production of goods or services. In simple terms, SG&A are the costs of doing business which include marketing and advertising, rent and utilities, management and administrative salaries,

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