Tag: Capital
36 States and Capital in Nigeria (Slogans + Current Governors)
The Federal Republic of Nigeria is a country in Western Africa made up of 36 states and capital. 356,669 square miles (923,768 sq km). Population is 219 million (2023 estimation). Naira is the currency. Its capital is Abuja. Gen. Muhammadu Buhari is the current President. Prof. Yemi Osinbajo is the current Vice President. About Nigeria …
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53 Small Scale Business in Nigeria to Start With Low Capital Now!
Are you interested in knowing the best small scale business ideas in Nigeria to start with low capital from home and earn daily income as a student, guy, lady, business enthusiast, stay-at-home mummy, or an unemployed graduate? Then search no more because this article will provide you with 53 lucrative business ideas in Nigeria that …
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Venture capital: Meaning, benefits, the process and more
Startup entrepreneurs look for investors who are willing to fund their startup’s product or idea. These startups require the capital to get their business off the ground or to realize (rapid) growth. In this article, we take a closer look at venture capital and its associated advantages and disadvantages. What is venture capital? Venture capital, also known as risk capital, is …
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Working capital: meaning, importance, calculation, and more
What is working capital? Working capital is the amount needed daily to meet all obligations and expenses of a business for a financial year. A company must be capable of keeping itself running and this requires a healthy working capital. The working capital of a company is obtained by deducting the current liabilities (creditors and …
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Capital market: meaning, fundamentals, and more
Welcome to the fascinating world of capital markets! As a vital component of the global financial ecosystem, capital markets play a pivotal role in the allocation of resources and facilitating economic growth. But what exactly are capital markets, and what sets them apart from other financial markets? In this article, we will delve into the …
How companies can raise funds from the capital market in Nigeria
The capital market is a highly regulated market open to trading with the general public. Companies traded on the capital market are usually public limited liability companies that have applied to the regulators to be quoted on the market. Capital market transactions are simply activities aimed at dealing in company securities; the capital market is …
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How to increase the share capital of a company in Nigeria
The shares of a company are its most common assets traded to raise capital. Companies usually offer their shares to investors in exchange for a price while raising funds for their operations. Under the Companies and Allied Matters Act (CAMA) 2020, private companies must have a minimum share capital of 100,000 shares while public companies …
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Capital expenditure: Meaning, types, and more
What is Capital expenditure? Capital expenditure, also known as CAPEX is the money spent on acquiring, improving, or maintaining fixed assets that generate income or provide future benefits. Capital expenditure (CAPEX) is a crucial aspect of any business that involves significant investments in long-term assets or infrastructure. Understanding how CAPEX works is vital for decision-makers …
Top 10 Venture Capital Firms in Nigeria (2023)
Venture capital is a type of capital provided by large institutional investors (Venture Capitalists) to growing startups in exchange for profit. Unlike start-up loans, there are no monthly payments or start-up debts. Venture capital is best for startups that are growing fast, have a well-rounded team, and are in a growing market. Venture capitalists offer …
Capital: Meaning, types, importance and more
Meaning of Capital Capital is a vital aspect of any economy and refers to the resources used to produce goods and services. This article will explore the different types of capital, including financial, human, and physical capital, as well as their importance in the functioning of businesses and economies. Types of Capital 1. Financial capital …