The Bank Verification Number (BVN) is a unique 11-digit number that identifies all bank account holders in Nigeria. It was introduced by the Central Bank of Nigeria (CBN) in 2014 to help reduce fraud and tighten financial security. Your BVN is tied to all the bank accounts you own, so it is a very important … Read more
Nigeria is a country with a large and growing population, but it is also a country with a high poverty rate. Many Nigerians struggle to make ends meet, and some may resort to begging for money online. If you are considering begging for money online in Nigeria, there are a few things you need to … Read more
Kuda has become a popular financial app in Nigeria, known for its user-friendly interface and innovative features. But when it comes to borrowing money, you might be wondering: does Kuda actually give loans? The answer is yes, Kuda offers two main borrowing options: Kuda Personal Loans: These are traditional fixed-term loans with a one-time payout … Read more
Loannaira is a loan app owned by Rubystar Global that promises to grant quick and instant loans to eligible Nigerians but is it to be trusted? Is Loannaira a legit app? How do you download the Loannaira app? Do they have a contact number? These and many other questions might ring in the heads of … Read more
If you urgently need a loan of 50000 naira, there are several options available to you. Lots of legit loan companies will gladly offer you this amount instantly provided you are eligible. This post will list the loan apps that can offer you 50000 naira or even 60k in minutes. Loan apps that can give … Read more
In Nigeria, banking has taken a big leap into the digital age. Now, we don’t always need to visit a bank branch to open an account or carry out some transactions. We can now do these things from the comfort of our homes. In most Nigerian banks, however, it is mandatory that you provide your … Read more
With the high rate of inflation in Nigeria, getting access to quick cash is more important than ever. Prices of goods and services are getting higher, making the cost of living almost choking the living breath out of the living For this cause, getting access to quick cash has become increasingly important, and loan apps … Read more
If you are reading this, it’s because you are contemplating taking a loan from Flypay, or perhaps even have, and now want to know what will happen to you should you fail to pay on your due date. Well, I’ve got bad news for you, Flypay will frustrate your life. They are a loan shark … Read more
To navigate the loan market successfully in Nigeria, you need to be well-versed and cautious at the same time. You wouldn’t want to get ripped off simply because you do not understand the rudiments of the game. Here’s where a clear and comprehensive loan agreement comes in – it safeguards both the borrower and lender … Read more
FairMoney is a popular Nigerian fintech company offering mobile loan services and a digital bank account. With the rise of digital lenders, it’s natural to wonder about their legitimacy. Here, we’ll definitively answer the question: Is FairMoney registered with the Central Bank of Nigeria (CBN)? The answer is yes, FairMoney is a licensed microfinance bank … Read more