Writing a creative, yet simple two-page business plan is essential to the success of would-be SMEs at a time when there are more than 10 CBN-backed loans to apply for. If you want to win the necessary financial support from the government or private organisation, you need a well-conceived and well-packaged plan. A sample of … Read more
Since the inception of cryptocurrency in 2009 and its global adoption, it has become a popular payment method for online merchants, especially after reaching an all-time high a few years later. In this post, we’ll discuss 20 Bitcoin payment gateways compatible with WordPress that merchants can integrate into their websites. Caution: As you are aware, the … Read more
It was cheering news that the National Identity Management Commission launched its own app dubbed “MWS: NIMC MobileID (Early Access)” You can use the app to link up to seven SIM cards to your NIN. It’s fantastic! Our view We downloaded the app, we used it, and we’ll be sharing with you how the NIMC … Read more
Thousands of Nigerians have benefited from the Payroll Support Scheme, one of the funding programmes under the MSME Survival Fund On January 6, 2021, the Federal Government revealed 283,023 Nigerians had benefited from the programme. MSMEs is Nigeria’s Micro, Small and Medium Enterprises one the economic recovery plans after the COVID-19 pandemic. What Payroll Support Scheme Is About The Payroll … Read more
There are many fuses about those whose National Identity Numbers (NIN) were generated when they registered for the Bank Verification Number (BVN). One such widely circulated message on social media and messaging apps since 2020 is: “So many Nigerians have NIN and they are unaware. The truth is that everyone that did their BVN when … Read more
The challenges faced by Nigerians regarding registration for the National Identity Number (NIN) is enormous, especially for those who lost the phone number linked to their NIN. As for the prospective candidates of JAMB, the National Identification Management Commission (NIMC) has released a special email to address such NIN-related problems. Other questions Nigerians are asking … Read more
Tony Elumelu Foundation 2022 application portal will open January 1 through March 31, 2022, organisers of the programme have said. Applications are submitted through TEFConnect, the digital networking hub for the African entrepreneurship ecosystem, created by the foundation. Sponsored by one of Africa’s biggest philanthropists Tony Elumelu, TEF Entrepreneurship Programme is open to entrepreneurs from … Read more
Recently, the Federal Government announced the registration of unemployed youths across Nigeria by the National Directorate of Employment (NDE). The registration is across all the 36 states of the federation and here are the office address of NDE for the unemployed Nigerians to register. About NDE The National Directorate of Employment (NDE) was established in November … Read more
At a point in your entrepreneurial journey, you may need to approach financial institutions and other money lending firms. Key takeaways: You could take a loan to buy cars, sponsor your kids’ education, buy houses, and expand your business. Whatever your reasons are, what are the things to consider before taking a business loan? Do … Read more
You’ve heard about the soft and collateral-free loan, SME, housing, car, and all kinds of funding for personal and corporate use? Usually, all kinds of funding fall into two major types of loans. Whether the funding is from the government, non-governmental organisation, or from a financial institution, they could be categorised as: Secured loan Unsecured … Read more
There are several loans you can access in Nigeria. But lenders or banks would make sure that you have verifiable data. This isn’t peculiar to only Nigeria, but it’s a normal standard in every part of the World. Apart from verifying you also known as knowing Your Customer (KYC) in the business world, banks want … Read more
There are many things associated with your Bank Verification Number, that’s why you’re advised to keep it or never share it with a stranger. Have you been wondering how 419 or Yahoo Boys ( online fraudsters) in Nigeria could use your BVN to steal money from your bank account? In this post, we’ll tell you why … Read more
A few years back, a friend was robbed, his wallet which contained some monies and his ATM Debit Card were stolen. Good for him, his mobile phone wasn’t stolen. And within a few minutes, he communicated with his bank by dialing the USSD code to block his account number. This means his ATM card with robbers … Read more
The foreign exchange market gulp $4.37bn in the third quarter of 2020 as one of the moves by the Central Bank of Nigeria (CBN) to stabilize the naira. The third-quarter economic report of the apex bank revealed that the CBN’s periodic interventions in the forex market is targeted at boosting the supply side of the market. Since … Read more
If you don’t belong to a functional farmers’ cooperative, you are definitely missing out on a lot of funding opportunities. One of such is the Anchor Borrowers Programme Loan or ABP. The fact that the last update most of you heard about the agricultural loan was sometimes in July 2020, yet there are some modalities … Read more