If you’ve ever taken out a loan, signed up for a credit card, or considered financing a car, you’ve probably come across the term Annual Percentage Rate (APR). At its core, APR is a way to understand the cost of borrowing money or the return on an investment in terms everyone can easily compare. Key […]
What Is Annual Percentage Rate (APR)? How It Works With Relatable Sample Read More »
No, 3D Secure and Two-Factor Authentication (2FA) are related because they serve as security layer in the financial and banking sector, but not the same. Key Differences Between 3D Secure and General 2FA Here’s how they differ: Purpose 3D Secure: A specific protocol designed to secure online card transactions by authenticating the cardholder. It’s used
Is 3D Secure the same as 2FA? Read More »
The digital revolution in banking has reshaped how customers interact with financial institutions, but it has also introduced new risks, particularly in online transactions. One of the key tools to combat these risks is 3D Secure, a protocol designed to enhance the security of online card payments. Let’s break it down. What is 3D Secure?
How 3D Secure Works in Banking: A Guide for Banking Executives Read More »
Imagine you leave your home and lock the door. You will also go ahead by adding an extra layer of security by putting a padlock on top of the door lock or setup a sensitive alarm, which will alert the community whenever a stranger wants to forcibly gain entry. That’s what Two-Factor Authentication (2FA) does for
Benefits of Two-Factor Authentication in Banking: Why You Need It Read More »
Jewelry is usually full of sentimental and financial value; it’s imperative to protect it against loss, theft, or damage. However, many people overlook the benefits and insurance of these valuable items, which could cause serious financial losses. Having insurance on your jewelry ensures that in the instance of the unexpected it will make the process
A Practical Guide to Insuring Your Jewelry Read More »
The surge in Bitcoin’s price through 2024 reflects a dynamic year for the cryptocurrency market. As of November 12, Bitcoin reached an all-time high of $89,956.88, underscoring its continued position as the leading digital currency. This report provides an overview of Bitcoin’s price trend from January to November 12, 2024, and projects what traders might
Projections for Bitcoin in Late 2024 Read More »
Bitcoin began October with a price of $63,335.60 and closed the month significantly higher at $70,215.19. This steady upward trend in Bitcoin’s value resulted in a market capitalization increase from approximately $1.2 trillion to over $1.38 trillion. October’s performance reflected an overall increase compared to September, where Bitcoin closed at $63,329.50. Weekly Analysis Week 1
Review of Bitcoin Price in October 2024 Read More »
Bitcoin’s price showed notable fluctuations from September 1 to September 30, 2024, beginning the month at $58,969.80 and closing at $63,329.50, reflecting an overall positive trend with substantial intra-month volatility. Monthly Performance Highlights Starting Price: Bitcoin opened the month at $58,969.80 on September 1, with an initial drop to $57,325.49 by the end of the
Review of Bitcoin Price in September 2024 Read More »
The grid collapse on November 7 marked the 10th such incident in Nigeria in 2024, plunging the country into complete darkness. In Nigeria, grid collapses involve the Generation Companies (GenCos), the Transmission Company of Nigeria (TCN), and the Distribution Companies (DisCos). What is the National Grid? The National Grid is a network of power-generating plants,
Understanding National Grid Collapse in Nigeria Read More »
At exactly 11:29 a.m., most power distribution firms across Nigeria sent notifications to their customers regarding a system outage on November 7, 2024, marking the 10th time the national grid has collapsed this year. The collapse once again plunged the entire country into darkness. This ongoing issue highlights a severe gap in power generation, with
Timeline of National Grid Collapse in Nigeria, 2024 Read More »
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