HOW-TO SERIES

First of all, we need to understand what a bank account is - see it as a wallet created by a financial institution at the request of a user to keep money. All money-ins and money-outs are also recorded in a financial statement. Clubs, societies, and associations are organized groups of people with like interests. They have their financial sides…

Don’t confuse this product with ‘Baxi Boilers’ - they are two different things. Baxi Box is one of Nigeria’s leading names in the fintech and agency banking…

Heritage Bank is one of the most stable financial services providers in Nigeria. They offer premium and productive financial services to retail, corporate, and…

Globus Bank is a new generation commercial bank wholly owned and run in Nigeria. They commenced operations in November 2019. They currently run on a national authorization, and aim to scale higher in the next few years. Globus Bank USSD code assists the bank customers to send money, make payments, load airtime, pay bills, request quick loans,…

A domiciliary account is a bank account that is not denominated in our local currency - Naira. That is, it is denominated in other countries' currencies.…

In Nigeria, it is safe to say that OPay has completely decentralised banking to a considerable level through its efficient Agency Banking. It’s so remarkable…

Investing in the forex market has become increasingly popular, with more and more people giving it a try. And there are many good reasons why so many individuals from all over the world are choosing to invest in this way. First off, you don’t necessarily need a whole lot of money to get started, and you can begin right from home by finding the…

The impact of high fuel prices for diesel generators, which are very prevalent in Nigeria due to the lack of stable power supply can be damning. The lack of…

Renmoney is a Nigerian-tailored Fintech giant focused on offering competitive loan offers, savings programs, and viable investments. Renmoney operates under a…

For startups, mostly those below 2 years, getting a business loan/support from their lender e.g. commercial banks, microfinance companies, and loan companies, is extremely challenging. This is not due to lack of trust in the purpose of the loan. This is because the risk of startups failing is high or uncertain. Most startups are too small in staff…