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Category: fintech
All recent blog posts about banking and finance as related to technology
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JTB TIN Registration Portal Replaced With Nigerian Tax ID Portal: Key Updates for Taxpayers
Nigeria’s tax administration system has entered a new and transformative era. In a landmark move aimed at simplifying tax compliance, eliminating duplication and strengthening revenue administration, the Joint Revenue Board (JRB) and the Nigeria Revenue Service (NRS) officially launched the Nigerian Tax ID Portal as replacement for the joint tax board JTB TIN Registration Portal,…
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FIRS Nigeria Renamed to NRS (Nigeria Revenue Service)
The Federal Inland Revenue Service (FIRS) has officially been renamed the Nigeria Revenue Service (NRS), marking the full commencement of Nigeria’s new tax and revenue reforms. This historic transition marks a major milestone in Nigeria’s tax and revenue administration journey and signals the beginning of a new era shaped by new tax laws, modern governance…
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How to Trade Gift Cards for Cash: A Comprehensive Guide
We’ve all been there—you’re holding onto a gift card, maybe from Amazon or some other store that doesn’t even operate in Nigeria or Ghana. It’s like having money you can’t touch, and honestly, it’s just sitting there, mocking you. You can’t exactly trade it for suya, pay your data bill, or book that weekend outing…
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Unionpay App Lets You Enjoy Secure and Easy Mobile Payment Services
The UnionPay App is a mobile payment product developed by China UnionPay (known as CUP or UPI internationally) to allows users enjoy secure and easy mobile payment services. The app integrates the mobile payment functions, special services and benefits of various banks and institutions, providing secure and convenient one-stop mobile payment services for its users.…
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UnionPay Debit Card Makes Online Payment Easy In Over 180 Countries
You can pay for online purchases around the world, including utility expenses, mobile phone bills, online shopping etc by making use of the unionpay debit card; a cool alternative to both MasterCard and Visa. UnionPay card is your ideal choice, when you travel abroad, or purchase online from around the world, and at the same…
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How Businesses on Loans in Nigeria Stands 80% Chance of Profitability
Small business owners can be wary of taking out a business loan when business funds are low. They fear several risks; high and unstable interest rates, giving up a percentage of ownership stake in the business, non availability of collaterals and ultimately having to be responsible for the loan, if the business packs up. But…
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El Salvador’s Adoption Of Bitcoin as Legal Tender Met With Protests
Protests broke out Wednesday in El Salvador, after Bitcoin witnessed it’s biggest crash in nearly a month, just a day after El Salvador became the first country in the world to adopt the popular cryptocurrency as a legal tender. The country’s president, Nayib Bukele, announced on Monday that they had acquired roughly $21 million bitcoin…
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eNaira by CBN : Nigeria’s Digital Currency
eNaira by CBN is simply Nigeria digital currency aka Central Bank digital currency (CBDC) The Central Bank of Nigeria (CBN) has reportedly confirmed that the enaira digital currency will have a legal tender and non-interest-bearing asset status. In addition, a limit on customer transactions and value-based transactions will be imposed. What is CBDC? CBDC is…
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Sterling Bank SocialPay Lets You Make and Receive Payment On Social Media
Sterling Bank Plc has introduced SocialPay, a secure and convenient solution that allows buyers and sellers to make and receive payment on social media with just a link. The newly introduced solution provides secure online payment solutions to physical store owners and retailers selling on Facebook, Instagram, WhatsApp, and Twitter. According to a statement, once…
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Barter Dollar Card Rate
Barter dollar card rate is #525 (naira) per $ as at 30th of July 2021. I confirmed this while I was trying to create barter virtual card for some online payments. So, if you want to confirm the barter flutterwave exchange rate, login to the barter app and create a dollar virtual card or fund…
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