Archives Tag: Money

BUSINESS

April 19, 2022

Are you looking for capital to start your business? Well, who isn’t? So if you’re a makeup pro, hair stylist, and fashion accessories pro, this money is for you. FCMB #FlexxYourCreativity 2.0 contest is here to give you that capital! You have the chance to win ₦600,000. In addition, the winner will get to participate … Continue reading Get Capital to Start Your Business at the FCMB #FlexxYourCreativity Contest

By nnedinma

LIFESTYLE

April 19, 2022

If you’re like me, you’ve often wondered about people with two heads. You know, those ones who seem to have started on the same level as you did, and yet have ostensibly “overtaken” you financially. You can understand those with rich or well-connected parents/relatives, those who slept their way to wealth, or those who engaged … Continue reading Important Questions You Must Answer to Beat Poverty

By jehonwa

Teens

April 19, 2022

Dear Joy, It’s never too early to start saving. I love that you’ve always had the habit of tracking your spending. You don’t know that experts recommend it or even what the advantages are, but you’ve been doing it even from Secondary School and it’s going to pay off in future; I can tell you … Continue reading Letter to My Younger Self – On Money

By jehonwa

ECONOMY

April 19, 2022

On Tuesday, August 2, the Central Bank of Nigeria (CBN) issued a statement warning Nigerians to steer clear of what it called “unlicensed International Money Transfer Operators (IMTO)” in the country. This would have passed off as another document put out by the country’s apex bank which would only arouse the interest of financial institutions … Continue reading The Central Bank of Nigeria’s Requirements for International Money Transfer Operators

By ikenna-nwachukwu

BUSINESS

April 19, 2022

Is it me or is this year speeding along? It looks like we sleep and wake up and despite the challenges in the economy, time is not standing still! Last week, I spent some time reviewing and reflecting on the first half of the year. I have learned from John Maxwell that it is not … Continue reading  5 Business Lessons I Learned From the First Half of the Year

By tale-alimi

Tip of the Day

April 19, 2022

At one time or the other, we all have been caught up in a financial jam when the numbers do not seem to add up and the bank statements give us sleepless nights and headache. A financial or money problem is an issue that affects most people, organisations, businesses and companies. The good news is … Continue reading How to Fix a Financial Mess

By jelifat

Tip of the Day

April 19, 2022

The discipline and ability to save hard-earned money are not something that most people have. After receiving money, the first urge is to spend it on luxury that may not last long. Saving money poses such a challenge to most people, it is like an impossible task to accomplish. This set of individuals usually obeys … Continue reading 6 Sure Ways to Save Money

By jelifat

Opinion Tip of the Day

April 19, 2022

When people talk about people who ‘have’ money, I often try to understand their context before applying myself to the discussion. Frankly, there’s right now little to no money in the banks of the world. They only hold currencies. True money in today’s world has a slight variation from the dollars, pounds and yen of … Continue reading Tip of the Day: Currency, Not Money

By nehijesu

Tip of the Day

April 19, 2022

We have been notified of a very disturbing trend. Robbers now use one-chance buses to rob people and go through their phones to check for bank alerts. Then they will lead the victim to a ATM and force them to withdraw or transfer to their account at gun point. In some cases, armed robbers visit ATMs … Continue reading Security Alert! 8 Tips to Prevent Robbery

By ejura

News

April 19, 2022

Banks are now complying with the Central Bank of Nigeria’s directive that all accounts without Bank Verification Numbers (BVN) should be temporarily restricted from debit transactions. This means that accounts without BVN can only receive transfers and deposits but cannot make payments or withdrawals. Please note that these accounts are still valid and these restrictions will … Continue reading Accounts Without BVN Suspended, BVN Enrolment Continues

By mary-odunuga

Tip of the Day

April 19, 2022

Are you a Nigerian living abroad? You can also get your BVN without hassle. Get your BVN by visiting any of the addresses in the table below with the following documents: ·  A valid means of identification e.g. Current International Passport, Driver’s License/National ID Card. ·  Account Name and Account Number ·  One recent passport photograph · Enrollment … Continue reading Nigerian in Diaspora? Where to Get Your BVN Today

By ejura

Tip of the Day

April 19, 2022

According to media reports, a total of 21 million customers in the country have obtained their BVN so far. Also, about 12,000 bank customers in the diaspora have taken advantage of the BVN registration centres created outside the country by the Central Bank of Nigeria (CBN) and the bankers’ committee. This is great news but … Continue reading 4 More Days to Register for BVN

By ejura

ECONOMY Opinion Relationships Tip of the Day

April 19, 2022

“Anyone who has ever struggled with poverty knows how extremely expensive it is to be poor.” – James A. Baldwin Not too long ago, I came across statistics showing the level of poverty in the world today. The numbers are scary and staggering! A billion children live in poverty; 121 million children have no education … Continue reading Overcoming Poverty

By mary-odunuga

News

April 19, 2022

The Central Bank of Nigeria (CBN) has directed all bureaux de change operators (BDCs) in the country to demand for customers’  bank verification number (BVN) for all forex transactions from November 1, 2015. The central bank gave this directive in a circular posted on its website on Wednesday. It stated that “All banks and licenced … Continue reading CBN Orders BDCs to Demand for BVN For Forex Transactions

By ejura

BUSINESS Opinion

April 19, 2022

The recent rambling in the public space about how the CBN’s policies are stifling SMEs is a testament to how the lack of curiosity may be depriving Nigerians – and maybe the black race – of real progress. A popular thought is, if you want to keep anything a secret from black people, put it … Continue reading Curiosity: A Simple Thing That Can Change the Face of Our Economy

By nehijesu