Your FirstBank account statement is a valuable tool that can help you resolve transaction disputes. It shows the history of all transactions that have taken place on your account, including deposits, withdrawals, POS payments, and ATM withdrawals. If you have a dispute with someone about a transaction, you can check your account statement to see…
Everyone wants to see their money grow over time. One of the most effective ways to do this is to put your money in a high-interest savings account. Traditional banks in Nigeria offer high-yield savings accounts with annual interest rates of between 1-3%. However, online money saving apps offer much higher interest rates, at least…
The Central Bank of Nigeria (CBN) recently announced that it has directed Deposit Money Banks (DMBs) to eliminate the rate cap on the Nigerian naira, signaling a move towards floating the currency. This is a significant development, as it could have a major impact on the Nigerian economy. Nigeria is Africa’s largest economy, and its…
Africa Wealth Report 2023 is compiled by Henley & Partners — the global leader in residence and citizenship by investment — in partnership with wealth intelligence firm New World Wealth. The number of dollar millionaires within a country’s population can be used to measure the overall economic health and development of the nation. The rise…
The Central Bank of Nigeria (CBN) has revoked the licenses of 132 Nigerian microfinance banks, four primary mortgage banks, and three financing firms. The revocation exercise was announced in the Federal Government’s official gazette, which was published on the CBN’s website. Nigerians who have funds in these banks are advised to withdraw their funds before…
Financial crisis may come into your life unannounced anytime. Catering to such financial emergencies becomes extremely difficult if you don’t have savings, and asking your friends or relatives for big financial support may not be a good idea. During such circumstances, personal loans can come to your rescue. If you are looking for a personal…
Achraf Hakimi recently made headlines when his marriage to 36-year-old actress, Hiba Abouk collapsed. Trouble started when a 24-year-old woman filed a sexual assault complaint against the Paris Saint-Germain full-back. The incident allegedly happened while Hakimi’s wife and children were away on vacation in Dubai. Hiba Abouk, wife of Achraf Hakimi has since filed for a divorce…
Dogetti – The New Crypto That Means Business Dogetti (DETI) is the new meme coin set for a successful launch. Its presale is only in stage 1 but the coin is already gaining considerable attention in the crypto space. The furry family may seem tough on the exterior but their good-hearted family values set them apart…
Airtel Money is a Payment Service Bank in partnership with Central Bank of Nigeria that allows Airtel customers to use their mobile number as an electronic wallet. This electronic wallet can be funded and used to make payments for goods and services. Cash value can also be withdrawn from wallet. Airtel wallet aims to ensure financial…
Trouble started when the government conceived the idea that it wants the country to become a cashless society. Nigeria is a country of over 200 million people, nearly half of which cannot read or write, 140 million Nigerians work and the informal sector and almost exclusively rely on cash transactions only. The average Nigerian sees…