First and foremost, do understand that Forbe Magazine uses Stock prices and Exchange rate to curate its every list of world billionaires. Well, Forbe is the world’s most trusted authoritative voice in wealth reporting, followed by Bloomberg. Recently, Forbes released its 2024 list of billionaires with four Nigerians making the cut. Precisely, Aliko Dangote, Femi […]
FINANCE
Naira Defense: CBN Faces N1.01 Trillion Interest Expense from Q1 NTB Auctions
The Central Bank of Nigeria (CBN) has adopted an assertive stance in defending the naira, projecting a substantial interest payout of approximately N1.01 trillion. This projection stems from an analysis of the Nigerian Treasury Bills (NTB) auction data for the first quarter of 2024, revealing a robust subscription trend amidst escalating rates. Throughout the quarter, […]
Sort Code for OPay: Everything You Need To Know
Talking about OPAY’s sort code in Nigeria; just like the way people are looking for its Swift code, they are not available. Normally, a sort code is used primarily in the United Kingdom (UK) and Republic of Ireland. Traditionally, sort code is used to identify bank branch where your account was opened. The first two […]
How to convert Airtime to Cash on OPay
Unfortunately, OPay is not offering airtime to cash services in its mobile application (app). However, you can use it’s alternative; PalmPay to convert your excessive airtime to cash and send it to your bank account. In this article, I’m going to teach you how to use the “Recharge2Cash” feature on PalmPay to convert your airtime […]
Naira Redesign: A Cause For Rethink
Lately, Nigerians have been buzzing about the Central Bank’s (CBN) decision to revamp the Naira. The idea behind it – fighting fake money and getting people to use cards and apps more – sounded good. But as things roll out, it seems there’s more to the story. The whole thing began with something important being […]
How to transfer money from GTBank to other Banks online
GTBank, also known as Guaranty Trust Bank, is one of the leading commercial banks in Africa with a strong presence in Nigeria. The bank was founded in January 1990 and commence operation in February 1991. GTB is known for its innovative approach and has won numerous awards for its digital banking services and overall excellence. […]
What is Session ID in Bank
In all Nigerian banks, be it commercial, merchants, and industrial, a session ID is mandatory for all transactions. So, when talking about session ID in bank, it’s a sequence of characters to identify a transaction in the banking system. In other words, a session ID in bank is a usually 30-digits codes that can be […]
OPay vs PalmPay: Similarities, Differences and Comparisons
PalmPay and OPay are household names in Nigeria. They’re both popular as a payment app on the street. Before you think of money transfer, think of OPay and PalmPay. Both fintech apps are mobile money operators (MMOs) in Nigeria. However, many people are wondering which of the two payment apps is best. Well, depending on […]
UBA Session ID: What is it and How to Get?
UBA session ID is a 30 digits unique transaction ID that’s attached to every transaction receipts to track and trace every successful and unsuccessful transactions by any financial institutions (banks) in Nigeria. A session ID is also the same as transaction ID but different from reference or referral ID. A reference ID is a unique […]
How to stop Flexi Loan on PalmPay
Does PalmPay’s Flexi Loan have access to your contact list? Are they calling you everyday to request for your repayment? I have also experienced these issues in weeks ago. I don’t even know; I top-up my mobile phone through my PalmPay Account and after three days, I got a call from PalmPay that I should […]