Category: fintech
All recent blog posts about banking and finance as related to technology
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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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Become MTN MoMo Agent In Nigeria and Make Money From Mobile Money Services
If you become MTN MoMo agent in Nigeria, you can start making money from mobile money services in Nigeria. When you complete financial transactions for customers, you simply earn mtn MoMo agent commission. So, What is MoMo Agent? Yello Digital Financial Services, “YDFS,” a subsidiary of MTN Nigeria announced the launch of its super-agent network…
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How To Sign Up or Register for GTBank Internet Banking Services in Nigeria
GTBank internet banking offers you a secure way to access your GTBank accounts, manage payments, check your bank statements and much more, 24 hours a day. It simply allows you to experience banking from the comfort of your home, at work or abroad, anytime that suits you. If you’re a GTBank account holder, you can…
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Pay With Paga Option Now Available via Flutterwave Payment Gateway
Paga, a Nigerian Fintech company said it has collaborated with Flutterwave, an international Merchant payments platform to support simple and secure one-click payments for Paga wallet users at any merchant where the Flutterwave gateway is enabled. Following the partnership, merchants that are using the Flutterwave payment gateway to receive online payments can now enable “Pay…
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CBN Covid19 Loan for Households and MSMEs in Nigeria : How To Apply
CBN covid19 loan for households and Micro, Small and Medium Enterprises (MSMEs) in Nigeria is a stimulus package to support them especially those whose economic activities have been significantly disrupted by the COVID-19 pandemic. The Coronavirus Disease (COVID-19) pandemic has led to unprecedented disruptions to global supply chains, sharp drop in global crude oil prices,…
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COVID-19: Rosabon Announces N6M Collateral-Free Loan for Civil Servants in Nigeria
Rosabon Financial Services, one of Nigeria’s leading Non-Bank Financial Services provider, has announced collateral-free and guarantor-free loans as low as 40,000 Naira and up to 6 Million Naira to cater to civil servants in light of the Coronavirus crisis. This is part of a series of measures being implemented by Rosabon Financial Services to cater…
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