Before choosing a merchant account provider, it is important to think about what features it has. If a provider’s fee is the cheapest in the market, you should ask questions, such as: Is it safe and secure? Is it PCI-DSS compliant? Of course, the pros of using a merchant processor outweigh its cons, but there are features … Read more
However, the leader of the factional group Mrs Modupe Onitiri-Abiola released a video where she proclaimed in Yoruba language independence for the Southwestern part of Nigeria, saying, “Democratic Republic of The Yoruba is a sovereign nation.” Who is Modupe Onitiri-Abiola? Here are the 10 things we know about the self-proclaimed secessionist group “OminiraYoruba”, led by … Read more
On Friday, April 12, 2024, history was made as Officer Cadet Owowoh Princess Oluchukwu, became the first-ever Nigerian female officer to graduate from the UK’s Royal Military Academy Sandhurst (RMAS), making her the 190th Nigerian graduate from the prestigious military institution in Europe. 24-year-old Officer Cadet Princess joins the likes of gallant military men such … Read more
In most cases a prospective client may not want to make a direct deposit into your bank account because your country is considered a “high-risk”, that is where a merchant account comes in. A merchant account breaks a lot of payment limitations that may restrict prospective customers from buying your products or paying for the services … Read more
Whether your business has a physical store or online or you provide invisible services such as consulting and advisory, you will likely hear the term merchant account because they involve processing payment. But you have to know who is a merchant and what is a merchant account, the type that fits into your needs and … Read more
According to the Nigerian Electricity Regulatory Commission (NERC), consumers of electricity are classified into five (A,B,C,D, and E) and all distribution companies (discos) have activated platforms for their consumers to check their feeder information. If you don’t know how to check which of the above categories you belong to, here is a step-by-step guide on how … Read more
The exchange rate and value of a currency is determined by several factors, including inflation rates, political stability, foreign exchange policy, interest rates, and demand and supply. Exchange rates impact international trade, especially for a country that largely depends on importation and overall economic stability. Here are the most important factors that can influence the … Read more
Director’s and Officers’ (D&O) insurance is a unique form of business insurance that is meant to protect company directors and core officers from personal losses should they be sued as a result of serving in their official capacity, i.e decisions taken as part of their duties in an organization. The coverage may also settle the … Read more
In Ogun State, power consumers on the FUNAAB 33kv feeder, Ijebu Ode 33kv feeder, and Sango 33kv feeder are among those who are on Band A, who enjoy a minimum of 20 hours eccentricity per day. This clarification followed the announcement by the Nigerian Electricity Regulatory Commission (NERC) to hike electricity tariffs on Wednesday, April 3, … Read more
Electricity consumers that are on Incomer T2B 33kv feeder, Baboko, Ilorin West of Kwara State and UNILORIN 33kv feeder are under Band A, they enjoy at least 20 hours of power supply per day, according to the latest analysis by the Nigerian Electricity Regulatory Commission (NERC). The analysis becomes imperative following the hike in electricity tariff … Read more
Ibadan Electricity Distribution (IBEDC) like other electricity distribution companies in Nigeria is designed to not deliver the same efficiency to their customers. Some customers are on Band A feeders and enjoy a minimum of 20 hours of electricity power day, which the Nigerian Electricity Regulatory Commission (NERC) says constitute less than 15% of electricity consumers … Read more
Some towns in Osun State enjoy a stable power supply of 20 to 24 hours. Some locations can be found in areas such as Ogo-Oluwa, Oke-Baale, Dagbolu, Ikirun, OAU area of Ile-Ife, and some parts of Ilesa. These locations are categorized under service Band A feeders, according to the Nigerian Electricity Regulatory Commission (NERC), following … Read more
General liability insurance is a type of business insurance that is designed to protect businesses from costs incurred during normal business operations. Also called business liability insurance, it is a type of business insurance policy that offers coverage to an organization for bodily injury, personal injury, as well as property damage that happened while the business … Read more
Electricity consumers are under five types of classifications across power distribution companies in Nigeria. Consumers on Band A enjoy at least 20 hours of power supply per day while locations in Band E have a minimum of four hours of electricity per day. That’s why people in Ikeja GRA may enjoy 20 hours of power … Read more
Electricity customers across Nigeria are not on the same feeder which is why they are on different classifications of service bands (A, B, C, D, and D). Customers on the Band A pay more. The latest tariff hike shows that Band A customers will be paying N225 kilowatt per hour as against the old price, which … Read more