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Your 11 digit Bank Verification Number BVN is your key as you interact with Nigeria’s financial infrastructure. The number is connected to your biometric data – which means every Nigerian only has one and the number can be used to identify and secure every transaction performed in the country. As important as this number is, some citizens can run into trouble with theirs, either as a result of some of their actions or through no…
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More people are taking online loans than you probably imagined. with the harsh economic realities in the country, these loan apps provide quick loans without asking for collateral and minimal documentation. but also a lot of the ugly stories you might have heard about them is most likely true. Some of them often deploy less than civilized tactics to recover their loans, most loan apps charge ridiculously high interest rate for a short period of…
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Fundy is a Naira cash loan app that provides micro loans for emergency uses. Online loan apps provide easy access to emergency loans with very minimal requirements. With just your BVN and an ID card, you can get cash limit of up to #100k sent to your bank account within minutes. You do need to have a good credit score, and good SMS banking record on your phone to qualify for higher amounts. This loan…
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Online loan apps provide easy access to emergency loans with very minimal requirements. JoyCash is a Naira loan app that provides micro loan for emergencies. With just your BVN and an ID card, you can get cash limit of up to #100k sent to your bank account within minutes. You do need to have a good credit score, and good SMS banking record on your phone to qualify for higher amounts. This loan app is…
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The black market naira to dollar exchange rate has made a surprising U-turn trading at almost #700/$ in recent days after trading at a high of #900/$ just last week. But analysts say these gains may not hold up for long, and we might even begin to see a reverse any time from now. To understand why it is important to understand how the parallel market works and how the exchange rate is determined in…