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The National Union of Banks, Insurance and Financial Institution Employees (NUBIFIE) is a trade union representing workers in the finance industry in Nigeria. The union was founded in 1978, when the Government of Nigeria merged nine unions: [1] The union affiliated to the Nigeria Labour Congress. It had 69,613 members in 1988, [2] and 80,000 by ...
Discount window. The discount window is an instrument of monetary policy (usually controlled by central banks) that allows eligible institutions to borrow money from the central bank, usually on a short-term basis, to meet temporary shortages of liquidity caused by internal or external disruptions. The interest rate charged on such loans by a ...
Trade discount is the discount allowed on retail price of a product or something. for e.g. Retail price of a cream is 25 and trade discount is 2% on 25. Trade rate discount . A trade rate discount, sometimes also called "trade discount", is offered by a seller to a buyer for purposes of trade or reselling, rather than to an end user.
United Bank For Africa is a large financial services group in Nigeria and on the African continent. As of December 2021, the group's financial assets were valued at ₦8.5 trillion (US$20.1 billion), with shareholders' equity of ₦724.1 billion (US$1.8 billion).
Redstone Federal Credit Union. Categories: Credit unions of the United States by state or territory. Companies based in Alabama. Cooperatives based in Alabama.
Here are three big ones you should try to avoid. 1. Not looking around for the best rate. CD rates aren't universal. Each bank sets its own rates for the products it offers. And those can vary ...
In finance, discounting is a mechanism in which a debtor obtains the right to delay payments to a creditor, for a defined period of time, in exchange for a charge or fee. [1] Essentially, the party that owes money in the present purchases the right to delay the payment until some future date. [2] This transaction is based on the fact that most ...
Treasury bills (T-bills) are short-term debt instruments backed by the U.S. Department of the Treasury. The government issues T-bills to finance its operations. They typically have maturities of ...