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With the growing levels of scams in world financial space, comes heavy losses. Fraudsters have been able to leverage on the insecurities and lack of knowledge of most Nigerians about financial matters to sell unsecured products to them. Once their sales departments tell you what you want to hear - BOGUS INTEREST RATES, they are home and dry. They…

Leading payments network, Visa, has announced that it now settles payments in the USDC stablecoin on the Ethereum blockchain. This new development is another…

Founded in 2016, Kuda Bank started out as “Kudimoney” which roughly translates to The Free Bank. They were solely an online lending and deposit platform.…

The Central Bank of Nigeria (CBN) has just released a circular to International Money Transfer Operators (IMTO), Deposit Money Banks (DMBs), and other stakeholders, introducing the "Naira 4 Dollar" Scheme where remittances paid into your bank account receives additional credit alert for every $1 USD received! To further understand this…

What is UBA Moni? UBA Moni is United Bank for Africa’s agency banking arm. Just like First Bank’s FirstMonie and Access' Closa, UBA Moni brings the bank to…

Last week, leading Nigerian bank - Fidelity Bank Plc, launched their new loyalty scheme that is designed to reward customers(staff inclusive) that are…

QR codes present businesses with a contactless solution to offering good services and getting feedback. When used correctly (and creatively), QR codes can give you a fast, touch-free way to accept payments in person. No physical money changing hands, no receipts to sign, nothing. This article will help you understand what QR codes really are,…

As the world makes further research on cryptocurrency, Nigerians have found a way around the CBN crypto ban through peer-to-peer “P2P” transfers which…

What is Access Closa? Access Closa is Access Bank’s agency banking arm. Just like First Bank’s FirstMonie and UBA’s UBA Moni, Closa brings the bank to your…

The Federal Government of Nigeria, through the CBN, has committed N200 billion to the housing scheme of the Economic Sustainability Plan (ESP) which kicked off this week. Remember that, in June 2020, President Muhammadu Buhari approved the 2.3 Trillion Naira Economic Sustainability Plan (ESP) prepared by the Osinbajo-led Economic Sustainability…