Knowledge of the Day
Clean up cycle - A clause in a revolving line of credit or annual borrowing agreement that makes the borrower to pay off their entire balance (or bring it down to zero or a very low limit) for a set number of consecutive days—typically 30, 60, or 90 days.
Word of the Day
Retrospect - a review, contemplation, or survey of past events and time.
Verse of the Day
1 Pet 2:11 - Dearly beloved, I beseech you as strangers and pilgrims, abstain from fleshly lusts, which war against the soul;
Knowledge of the Day
A merchant bank is a financial institution that provides capital, underwriting, corporate advisory, and international trade finance primarily to medium and large corporations rather than offering regular savings or checking accounts to the general public.
Word of the Day
Ambivalent - having a mixed feeling about someone or something.
Verse of the Day
1 Pet 2:11 - Dearly beloved, I beseech you as strangers and pilgrims, abstain from fleshly lusts, which war against the soul
Nigeria reclaimed its position as Africa’s leading destination for startup funding in the first nine months of 2026, attracting $635 million, more than double the amount recorded in the corresponding period of 2025.
Knowledge of the Day
Keyman insurance is a life, disability, or critical illness policy taken out by a business on a vital employee, founder, or executive. The company pays the premiums and receives the lump-sum payout if the person dies or becomes incapacitated.
Word of the Day
Iterate - to repeat a process, action, or statement—often making small changes or improvements each time using the previous result as a new starting point.
Verse of the Day
1 Pet 2:3 - if so be ye have tasted that the Lord is gracious.
Knowledge of the Day
A remittance payment is a sum of money sent from one person or party to another, most commonly referring to funds sent by a worker, migrant, or expatriate back to family members in their home country.
Word of the Day
Amalgamate - combine to form one organization or structure.
Verse of the Day
1 Pet 2:13 - Submit yourselves to every ordinance of man for the Lord's sake: whether it be to the king, as supreme
be zealous therefore, and repent.
Knowledge of the Day
A contingent liability is a potential financial obligation that may occur depending on the outcome of a future uncertain event.
Word of the Day
Contingency - contingency is a future event or circumstance that is possible, though not certain to happen, and is often associated with unexpected problems, emergencies, or backup arrangements.
Verse of the Day
Rev 3:19 - As many as I love, I rebuke and chasten:
Knowledge of the Day
Brent Crude is a major global oil benchmark and a classification of light, sweet crude oil used to price roughly two-thirds of the world's internationally traded crude supplies.
Word of the Day
Annihilate - to destroy something completely so that nothing remains, or to defeat an opponent in a game, match, or contest by a massive margin.
Verse of the Day
1 Pet 5:11 - To him be glory and dominion for ever and ever. Amen.
make you perfect, stablish, strengthen, settle you.
Knowledge of the Day
A tax credit loan is a short-term financing option, in which money is borrowed using an approved tax credit, expected tax refund, or government tax incentive as collateral or a primary repayment source.
Word of the Day
Conformable - consistent, in agreement with something, or willing to comply with rules and expectations.
Verse of the Day
1 Pet 5:10 - But the God of all grace, who hath called us unto his eternal glory by Christ Jesus, after that ye have suffered a while,