The United Arab Emirates, (UAE) has placed a compulsory visa ban on Nigerians visiting Dubai. The notice given by the UAE to its trade partners in Nigeria last Saturday didn’t provide any reasons for this action but said, “all Dubai applications submitted have been rejected.” This new development is coming weeks after the Dubai authorities tightened visa restrictions for visitors. They were initially granting visas to applicants under the age of 40, except those that apply for…
Last year, the Central Bank of Nigeria CBN announced that it is stopping the sale of forex to Bureau De Change operators in the country in an attempt to save the country’s failing currency. This meant that access to forex become more difficult and Nigerians had to source their forex whenever they require it. Personal Travel Allowance (PTA) and Business Travel Allowance (BTA) were later introduced by the CBN to mitigate the huge difference between the official…
MoneyPal is an online loan service by Zedvance that offers loan amounts from N2,500 to N5,000,000 with repayment periods from 60 days to 24 months at a daily interest rate of 0.5% to 1% and APR from 182.5% to 365%. The loan is unsecured and requires minimal documentation, which is why the interest rate is very high. This app has so far gained over 50k downloads on the Google play store with mixed reviews. It…
CashKey is a convenient and reliable loan platform for Nigeria mobile users that provides collateral free loan to Nigerians with minimal documentation. If you’re an Android user, you can apply for the collateral free loan starting from N5,000 to a maximum loan amount of N100,000 with minimal documentation. Do not borrow from an online loan app to fund your lifestyle. Short-term loans are helpful in emergencies but can be quite expensive and should be used…
★★★ RingCoin loan app is a mobile lending service in Nigeria that offers micro and medium short-term personal loans of up to ₦130,000 unsecured. An unsecured loan is a type of loan that does not require collateral or downpayment to obtain. It is usually short-term with very high interest rates. Do not borrow from an online loan app to fund your lifestyle. Short-term loans are helpful in emergencies but can be quite expensive and should…