Archives Tag: Financial Institutions
What You Should Know About Annuity
April 19, 2022
The term “annuity” refers to an insurance contract issued and distributed by financial institutions with the intention of paying out invested funds in a fixed income stream in the future. They are designed to provide a steady cash flow for people during their retirement years and to alleviate the fears of outliving their assets. Since … Continue reading What You Should Know About Annuity
The Role FinTech Has To Play In Poverty Alleviation
April 19, 2022
Poverty has been for a long time, one of the major challenges mankind has been plagued with. It has been a challenging issue in many African countries. However, the situation is transforming, as we adopt new systems and technologies. The emergence of financial technology, for example, plays a vital role in eradicating poverty in … Continue reading The Role FinTech Has To Play In Poverty Alleviation
Financial Institutions For Funding Agro-Allied Enterprise
April 19, 2022
Agriculture aside from oil is the second-largest industry and a major source of foreign exchange for Nigeria. In the wake of the pandemic and an economic downturn, agriculture is part of the few sectors that thrive in difficulties. It is, for this reason, the interest in agro-based ventures is increasing in many individuals. Read … Continue reading Financial Institutions For Funding Agro-Allied Enterprise
Brands We Love: Fina Trust Microfinance Bank
April 19, 2022
Fina Trust is one of the better-known microfinance banks in Nigeria. They have gained widespread recognition for providing financial services to individuals and small businesses in the country. Read more about Brands we love Their products range from bank accounts for savings and current accounts to loans tailored for specific needs. They cover the … Continue reading Brands We Love: Fina Trust Microfinance Bank
Top 7 Digital Banks In Nigeria
April 19, 2022
An outcome of the rise of Nigerian fintech has been the emergence of fully digital banks. These platforms make basic banking services accessible to their users—savings accounts, debit cards, interest on deposits, transfers, and more. They have an edge over traditional, physical banks in at least one respect: they let you do banking from … Continue reading Top 7 Digital Banks In Nigeria
Top 5 Nigerian Banks of 2019
April 19, 2022
It’s been a mixed year for Nigerian banks. Some have seen their profits bulge; others have had to lay off a large fraction of their workforce, just to maintain decent margins. There were expansions into new regions; a huge merger was completed; and the general shift to digital banking continued. And in the world beyond … Continue reading Top 5 Nigerian Banks of 2019
Nigeria’s Banking Industry: Fidelity Bank
April 19, 2022
Fidelity Bank is a first-tier commercial bank offering financial services to over four million customers, predominantly in Nigeria. It’s been a savings haven for numerous individuals for more than two decades, and for almost thirty years, it has assisted local businesses with the financial support they need to scale. Although it started out on the … Continue reading Nigeria’s Banking Industry: Fidelity Bank