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Coventry Building Society increases insight on climate change risk to mortgage portfolio

Coventry Building Society has renewed its partnership with Hometrack, the leading provider of insight and intelligence to the UK mortgage market, driving greater understanding of the potential impact of climate change on both its existing portfolio and new lending. ....

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Low level of financial knowledge threatens 33.6m MSMEs -


•NASME advocates business support services  
•Formal education not same as  financial literacy BoI
By Yinka Kolawole
Nigeria’s hope of  quick recovery from recession and significant increase in economic growth is under  threat from  micro, small and medium enterprises (MSMEs) sector which accounts for 48 percent of the nation’s Gross Domestic Product (GDP), as 33.6 million small businesses (62 percent) struggle  with the challenge of poor financial literacy.  
Nigeria has about 41 million MSMEs which are businesses with less than N100 million annual turnover. 
These businesses however contribute  about 48% of  the nation’s Gross Domestic Product (GDP), accounting for 96% of businesses and 84% of employment in Nigeria. ....

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