SME

As widely known, a vibrant export game is almost directly equal to increased foreign exchange reserves. however, lack of funds is a major issue for exporters who produce from Nigeria. Commercial banks (DMBs) are often unwilling to lend for…

The earliest bank in Nigeria, First Bank Plc, has an array of products that are targeted to cater to specific sectors. One of them is the First Edu Loan which is packaged and designed to provide funding solutions to schools and other…

Suntrust Bank, one of Nigeria’s new generation Deposit Money Banks, has some wonderful loan products and I have deemed it necessary to bring this to your notice. Suntrust, established in 2009, aims to break into the existing banked…

Moniepoint is another mobile money merchant that uses Point of Sale (POS) machines as their main device for collection and other transactions. Just like OPay, Access Closa, UBA Moni, and so on, POS devices are deployed to agents who have…

The day was 16th March 2021. Flutterwave, Africa’s leading digital payments technology company, announced that it had teamed up with the world renowned payment giant - PayPal to make it easier for African businesses to accept and make…

Health, we say, is wealth - this cannot be overstated. As Nigerians, our mental and physical health and wellbeing must be and remain a top priority even in the face of the challenges our environment poses. This article looks at many things…

When you, a customer of a Financial Institution/Lender, apply for a loan, your chance of that application getting granted or declined is utterly based on your creditworthiness. Your creditworthiness is the CV that dictates your potential…

See a bank account as a specific type of virtual wallet, designed to receive and store money paid into it. An account is a financial space created and maintained by a financial institution e.g. bank, asset management company, in which all…

People like to wait till when they have huge amounts of money in their bank accounts before taking the bold step to start their desired business. This article exists to inform its readers that there are numerous businesses they can delve…

The acronym, SCUML, is an abbreviation for Special Control Unit against Money Laundering. It is a unit under the Economic and Financial Crime Commission (EFCC). Following obvious technical backend improvements in SCUML, the SCUML…