On September 9, 2024, financial service providers such as Moniepoint, OPay, and other fintech companies operating in Nigeria are scheduled to begin the deduction of a ₦50 Electronic Money Transfer Levy (EMTL) on electronic transactions. This announcement has stirred up discussions among users of these services and the broader Nigerian population. This development follows government…
Artificial Intelligence (AI) is reshaping industries, economies, and the way we live, but in Nigeria, there remains a significant gap between its potential and how it’s perceived. Many Nigerians are yet to fully embrace AI, largely due to misconceptions about the technology and its applications. A mindset shift is urgently needed if Nigeria is to…
The Nigerian Communications Commission (NCC) has recently deployed a Device Management System (DMS) designed to register all mobile phones and devices in Nigeria. This system, known as the Central Equipment Identity Register (CEIR), is part of a broader effort to manage, regulate, and secure Nigeria’s telecommunications infrastructure. By utilizing this platform, the NCC aims to…
PalmPay, a mobile wallet and financial services platform, offers users an easy way to make transactions, pay bills, and manage their finances through their smartphones. The platform is popular in many regions, including Africa, due to its seamless functionality and ease of use. However, one feature of PalmPay that users occasionally find intrusive or unnecessary…
In today’s digital age, screenshots have become a vital tool for sharing information quickly and efficiently. Whether it’s capturing an error message for tech support, saving a memorable social media post, or creating visual content for educational or work-related presentations, the ability to take a screenshot on your laptop is indispensable. This guide will walk…
Understanding the value of 20 US dollars (USD) in Nigerian Naira (NGN) can be challenging due to fluctuations in both the official Central Bank of Nigeria (CBN) rate and the black market exchange rate. The exchange rates vary frequently and are influenced by several factors such as Nigeria’s foreign reserves, inflation, global oil prices, and…
Microfinance banks (MFBs) in Nigeria play an essential role in the economy by offering financial services to low-income earners, small businesses, and those who are often excluded from traditional banking systems. With the Central Bank of Nigeria’s (CBN) regulation, these institutions help millions of Nigerians access loans, savings, and other critical financial services to improve…
It’s no secret that a college degree is often seen as a prerequisite for a high-paying job. For decades, society has conditioned us to believe that a traditional four-year degree is the gateway to financial security and success. However, the landscape of the job market has shifted dramatically in recent years. The truth is, while…
In the modern digital landscape, video content has become one of the most effective ways to engage audiences and communicate messages. With billions of daily views, YouTube is a crucial platform for hosting and sharing video content. Whether you run a personal blog, a business website, or an educational platform, embedding YouTube videos on your…
In today’s fast-paced world, the need for convenience in banking services is more crucial than ever, and Union Bank has made significant strides to cater to its customers. With the Union Bank USSD code, *826#, you can seamlessly carry out banking transactions such as money transfers, bill payments, and airtime purchases without needing internet access….