BN is for Business Name (BN) is for sole proprietorship or partnership while registration Number (RN) is for different forms of limited liability company. In the course of registering your business with the Corporate Affairs Commission, you might come across jargon like BN and RC. Apart from telling you the difference between the two registration … Read more
Over the years, I’ve read different articles that claimed that you could start a business without money. I find that hard to believe in the present economic reality. However, in this article, we’ll tell you some businesses you can start with just N50,000 or lesser in Nigeria. With just N50K? Yeah, it’s often perfectly feasible. … Read more
There are several underrated businesses you explore in Nigeria that can really fetch you thousands of Naira weekly. The major problem is that a lot of Nigerian graduates value white-collar jobs than start small to grow big. In this post, we’ll share with you real estate marketing and the top 19 profitable business ideas you can … Read more
There are some platforms where buyers and sellers of cryptocurrency meet to complete trades, they are called Peer-To-Peer (P2P). As we write, crypto enthusiasts in Nigeria can no longer fund their crypto wallets through their bank accounts. But there is good news. Continuous use of an account to fund cryptocurrency-related activities may lead to a … Read more
The Registrar General of the Corporate Affairs Commission Garba Abubakar said that the planned payment for CAC re-validation of accreditation is a one-time fee. According to him, the exercise would not be done annually. The commission stated this in a tweet Friday and added that the deadline has been extended to June. “Dear esteemed Customers, … Read more
The furore over the ban on the use of bank account to fund cryptocurrency trading activities isn’t over. As we write some bank accounts have been banned for using their accounts to fund or receive bitcoin payment. You may be wondering how can ban detect if you’ve used your bank account for trading in cryptocurrency. … Read more
Less than 24 hours ago, a friend shared a loan payment evidence he received from one of the Nigerian financial institutions for his small data service company. In this post, we will share with you all you need to do to benefit from the Fidelity Bank loan and the category of credit facility available for … Read more
Do you know that it isn’t compulsory to provide an NMFB account to the ongoing COVID-19 TCF loan? However, you need to have an account with the CBN-backed microfinance bank. In this guide, we’ll tell you the requirements to open an account with Nirsal Micro Finance Bank and why you need it for the disbursement … Read more
We all need money to meet certain financial obligations. Loans come in handy when there is no alternative. In this post, we’ll share with you the types of loans offered by Nigerian banks which are accessible to everyone who can abide by their terms and conditions. But in case you don’t know, every Nigerian bank has … Read more
Nirsal Micro Finance Bank (NMFB) has launched a new AGSMEIS loan application portal in order to make access to credit facility easier for Nigeria business owners. AGSMEIS means Agri-Business Small and Medium Enterprise Investment Scheme which grants the best and most affordable loan in terms of interest to business owners in Nigeria. It is a loan … Read more
As one of the strongest financial institutions in Nigeria, Ecobank has a wide range of credit facility you comfortably choose from. The bank is a subsidiary of the larger Ecobank Transnational Incorporated (ETI), one of the largest independent banking groups on the Africa continent by providing a comprehensive range of retail, corporate, wholesale, investment and … Read more
Looking for a credit facility for your business? We’ve got you covered with Titan Trust Bank loan, how to apply and the required documents you need to ensure your application receives expedient attention. The bank might sound extremely new to hundreds of Nigerians, most especially for those who have not been following the banking industry … Read more
The Bank of Industry (BOI) will soon open an application for the disbursement of N50,000 credit facility to 100,000 Micro, Small and Medium Enterprises (MSMEs) in Nigeria. Self-employed artisans are will not be left out as 300,000 of them will also get N30,000 loan which is under the supervision of the Ministry of Industry, Trade … Read more
Since the commencement of the ongoing COVID-19 Targeted Credit Facility (TCF), one of the critical questions some of the prospective applicants ask is: what is the interest rate of the CBN-backed NMFB loan? COVID-19 interest rate: 5%-9% per annum As you know, the credit facility is disbursed to applicants by Nirsal Micro Finance Bank (NMFB), … Read more
If you applied for the CBN-backed COVID-19 loan on the NMFB, you must have noticed that TCF reference number pops up as you input your Bank Verification Number (BVN). The essence of the COVID-19 TCF Reference Number is to properly track your application process or resolve any problem in the course of the application. You … Read more