ATM

10 Advantages Of Atm: Disadvantages of Automated Teller Machine

This post is contains the advantages of atm and also disadvantages of atm or automated teller machine. Atm is the most common method of cash withdrawal right in this modern day banking and technology. Atm have really saved banks from overcrowding in their banking hall in the name of cash withdrawal. With atm card, you can withdraw sum amount of money from your account any day and any given time even during non working hours. Overview The first ATM, Read more…

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ATM

Solution To ATM Did Not Dispense Money But Bank Account Was Debited

In this article you will find solution to atm did not dispense money but bank account was debited, be it gtbank, Zenith Bank, Diamond Bank, First bank, access bank etc. Sometimes you might come across this problem of atm didn’t dispense money but account was debited during atm withdrawal. I’ve experienced this on my Zenith Bank account two good times and once on my access bank account. Am yet to experience this on my gtbank account through Read more…

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Mobile Banking

First Bank Transfer Code *894# – How To Transfer Money From First Bank To Other Bank

First Bank Transfer Code / how to transfer money from first bank to another bank or first bank.  To all customers of first bank Nigeria, in this article, you will learn how  to money transfer from first bank to another bank or also first bank which is generally called easybanking. First bank transfer code have made it easy and possible for you to transfer money from first bank to another bank or even pay your bills or recharge Read more…

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Finance

Functions Of Bank Of Industry Nigeria

Bank of industry / functions of bank of industry Nigeria in 2018 Bank of Industry Limited began operations in 1959 as the investment Corporation of Nigeria (ICON) Limited. In 1964, ICON Limited was reconstituted to become the Nigerian Industrial Development Bank (NIDB) Limited under the guidance of the World Bank. Initially, International Finance Corporation (IFC) held 75% equity in NIDB and produced the first Managing Director. Bank of Industry Nigeria Overview Bank of industry is a Read more…

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Check/Cheque

Reason Banks Add “Only” After Every Amount of Money

Many financial institutions especially banks use the word Only at the end of the amount you paid into the bank which is written on a receipt or a teller. It is compulsory that a bank or other financial Institution should include the word “ONLY” after the amount that a customer paid to them. You must have seen cases like this for example on your teller or receipt you will see Two Hundred Thousand Naira Only or even One Million Read more…

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Exchange Rate

Meaning of Mergers And Acquisitions: Types of M & A

Mergers and acquisitions M&A: Merger has been variously defined as any combination or the joining together of two or more firms. Acquisition on the other hand is the outright purchase of one company of a controlling interest in the share capital of another company. What is Mergers and Acquisitions M&A Mergers and acquisitions (M&A) are transactions in which the ownership of companies, other business organizations or their operating units are transferred or combined. As an aspect Read more…

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Finance

The Role of Financial Management: Functions And Organizational Goals

In this article, you will learn about financial management, the role of financial management and it functions and Organizational goals. Before we go into the role of financial management, we should first know what is financial management in the society. What is Financial Management The field of the financial management is an exciting and challenging one. Financial management is efficient and effective management of money (funds) in such a manner as to accomplish the objectives of the Read more…

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