Finance

What Does Customer Due Diligence Regulations 2023 Want From You?

Nigeria’s apex bank released its Customer Due Diligence Regulations 2023 on Friday night, June 23, 2023. The regulations specifically upgraded Know Your Customer(KYC) as one of the measures to drastically reduce financial crimes and bolster anti-money laundering and counter-terrorism financing provisions to align with international best practices. What do Customer Due Diligence Regulations 2023 mean […]

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8 Strategies For Successful Long-Term Financial Goal

Everyone dreams of living a comfortable life; it requires adequate planning and deploying the best strategies to bring such dreams to fulfilment. The same is applicable to a person who plans to retire early and save for their child’s college fund. Savings for retirement, paying off housing loans, and savings for your kid’s education are

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The Benefits of Prefabricated Steel Buildings in New Brunswick: Saving Time, Money, and Resources

New Brunswick, known for its stunning natural beauty and diverse economy, is home to many businesses and individuals looking for a smart, cost-effective, and durable building solution. Traditional construction methods can be challenging and time-consuming, with harsh winters, high winds, and occasional flooding. Enter prefabricated steel buildings New Brunswick – the ideal solution for those looking

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Facility management for sustainable energy consumption!

Facility management can help energy conservation by implementing energy-efficient strategies and practices, monitoring energy consumption, and promoting awareness and education among building occupants. Energy management is now one of the most critical yet important aspects of business today. It not only reduces your carbon footprint but also saves your company money. Energy-efficient lighting and HVAC equipment,

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Simplifying Construction Cost Estimation with Quantity Takeoff

Quantity takeoff is a crucial process in construction cost estimation, which involves calculating the materials required for a project. This process helps project managers and contractors determine the construction cost accurately and efficiently. To simplify construction cost estimation, quantity takeoff is essential because it provides a detailed list of materials and their respective quantities. This

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Navigating the World of Legal Entity Identifiers: A Comprehensive Guide

Nowadays, the need for transparency and standardized identification of entities is more important than ever. Consequently, Legal Entity Identifiers have emerged as a critical tool to facilitate efficient communication and reporting in the financial sector. This article will provide a comprehensive guide to understanding LEIs, their importance, and how they are used. Moreover, service providers

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Difference Between Conventional Bank and Sharia Bank

Having explicitly dealt with what Sharia banking entails in our previous article, it becomes imperative to know the line of divides between conventional banking and Islamic banking. It’s important to note that the word ‘sharia’ in this context doesn’t mean ‘only Muslim. We pointed out that Sharia banking is designed to accommodate Christians and Muslim and everyone irrespective

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Can Christians Get Loan From Islamic Bank? (Non-Interest Bank)

In operations and principles, an Islamic bank (Non-Interest Bank) or NIB is completely different from Interest Banking System. And to answer the question, Non-Interest Banking generally doesn’t provide cash loans to its customers whether Muslim or Christian or regardless of their religious beliefs, yet Islamic banking is beneficial to small businesses in many ways. Note:

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