Finance

Did You Know Facebook Is Set To Release Its Own Cryptocurrency By 2020?

The word cryptocurrency has been flying around for years now with an increase in the users of bitcoin and other cryptocurrencies and the “gold rush” to quickly invest and cash out as soon as possible. Over the past year, Facebook

Sell Your Google Play Gift Cards For What They’re Actually Worth

As the most visited website in the world, Google requires no introduction. In turn, it comes as no surprise that this company also has the largest app store in the world. It’s suitable for those who take little interest in

Facebook Is Launching A New Cryptocurrency. Here’s What It Could Mean For You

On Tuesday, Facebook announced that it had partnered with 27 large firms and organizations to launch a new digital currency, the Libra. If it comes on stream, it could create a new global financial system, with several billion people conducting

Websites We Love: Cashenvoy

The biggest startup founders in the world start out when they recognise the vast opportunities available in technology and venture on a path that leads them to find a solution that will serve the populace. If there is anyone that

Brands We Love: Zendvance

If there are any fixed facts about Nigeria’s financial system, it’s these two: there’s a huge demand for loans and a corresponding shortage of low cost funding sources. The banks, wary of losing their money to risky ventures, are charging

Women You Should Know: Oluwatobi Boshoro

Women have achieved great feats over time because they simply refused to be limited by rules created by a world that could not see beyond the colour of the skin, gender or class. —Oluwatobi Boshoro, CEO, Renmoney On 7 November

Godwin Emefiele Will Be Getting a Second Term as CBN Governor

Godwin Emefiele will remain in his current role as Governor of the Central Bank of Nigeria. News of this got out on Thursday, putting an end to months of speculation over his possible successors upon the expiration of his first

RenMoney Bags Another Fintech Award For Innovation In Lending

Fintech refers to ‘financial technology’ and is the use of technological applications, processes, products and business models to provide financial services in design and delivery. The Lagos Fintech Week (LFW) is an invigorating week of distinct FinTech events that delivers

These Are Nigeria’s Richest States (by Internally Generated Revenue)

Nigeria’s official custodian of public data, the National Bureau of Statistics (NBS), recently published its annual report on the revenues generated by the country’s states. The document, available on the bureau’s website, details the earnings collected by state governments in

App Of The Week: Quick Check Loans Application

The Quick Check Loans application was launched to make obtaining loans easier for Nigerians. The app lets you borrow money and pay at your convenience with the help of your smart phone. At the rate which financial needs arise on

Online Payment: How VoguePay is changing the Narratives

Online Payment: How VoguePay is changing the Narratives With the advent of innovative technology, there has been massive disruption in the financial services sector. Commercial banks no longer enjoy the monopoly of online payment services, as an emergence of FinTechs

App Of The Week: Cowrywise

Cowrywise lets you save money through automated deductions from your account. The app was founded by three individuals: Razak Ahmed, the Chief Executive Officer (CEO); Edward Popoola, the Chief Technology Officer (CTO); and Feyisayo Shonubi who is in charge of

Fin-Tech Startup PiggyBank, now known as PiggyVest

PiggyBank, the financial management tech startup is taking big leaps in 2019, stepping into new boundaries and exploring new possibilities in the fin-tech industry where it has garnered admirable influence. In a recently published blog post, PiggyBank announced it’ll be

Why Access Bank Has Moved to Buy Diamond Bank

It’s been reported that Access Bank has moved to acquire Diamond Bank. This comes in the wake of the signing of a Memorandum of Understanding (MoU) between the two banks over the weekend, which should see them officially recognized as

Union Bank; Re-igniting the Nigerian dream

As Nigeria marks another milestone in its post-independence journey, one Bank has demonstrated its faith in the country and her people with the release of an indigenous television production that seeks to rekindle flames of hope in the hearts of

How the CBN’s New Bank Payment Rules Could Affect You

On the 13th of September, the Central Bank of Nigeria (CBN) introduced new rules for interbank electronic fund transfers. These rules, which are to take effect from the 2nd of October, are aimed at curbing the widespread problems with electronic

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