TeamApt, founded in 2015 is Nigeria’s largest business payments platform, processing $100 billion in annual run-rate transaction value. The company is backed by QED, British International Investment, FMO, and other leading global venture capital funds. TeamApt was founded with the vision to create a society where everyone experiences financial happiness. It does this through Moniepoint…
The stress of always going to the bank, doing paper works for just a little complaint, having to stand in a queue for long periods of hours, getting unpleasant customer care responses because they are all fed up, or even having to think of ways to bring certain documents on workdays has been reduced with…
The bamboo app is a legit platform that holds all its accounts at a top-tier U.S. brokerage firm, a member of the Securities Investor Protection Corporation (SIPC). Bamboo is also registered with the Securities and Exchange Commission, and it offers over 3000 assets, including U.S. stocks, REITs, and ETFs. Stocks from well-known corporations like Netflix,…
If you have been struggling with your finances and not being able to obtain the things you desire. You might have a way out in the new buy now pay later wave that is sweeping the Nigerian market space. Buy now pay later is a mode of financing that is usually short-term. It allows consumers…
Nigeria’s banking services can be traced back to 1894 When the Bank of British West Africa was founded. Indigenous banking, however, began in 1929 with the establishment of industrial and deposit money banks by entrepreneurs from Nigeria and Ghana. After independence in 1960, the Bank of British West Africa became the First Bank that we…
Starting a business isn’t always as simple as it appears, especially where the industry seems to be saturated. A newbie in the market will have a few things to consider. One of them is finance. Finance is imperative for the running and management of the business in the competitive space for profit maximization and effective…
Introduction Mobile money has enabled Africans to access funds, especially in rural areas where there are no banks and people do not have the required documents to open accounts. As a result, mobile money has been the primary vehicle for mobile inclusion in Africa. It has achieved massive success, especially in Kenya through M-Pesa, the…
The continuous depreciation of the Naira value in the country has weakened its function as a store of value and has perpetually begged answers to the question of how do we preserve the value of our labour or earnings expressed in Naira? By naira depreciation, we mean a decline in the purchasing power of money…
In a declaration released on October 23, Osita Nwasinobi, the director of communications for the Central Bank of Nigeria (CBN), said that the President finally unveiled the Nigerian Central bank digital currency known as the E-naira, This new development “represents a giant step forward in the advancement of money, Hence, CBN is responsible for ensuring…
One of the ways to financial freedom in this contemporary time is to be an entrepreneur. Being an entrepreneur means having a business or business with the hope of making profits. As a business owner, there are benefits you enjoy that a non-business owner might not. Such include; arranging life and work balances, pride of…