Do it yourself

One of the ways by which we can source for funds to finance our project be it a short term, medium or long term is through loan.    Loan is when you borrow money and agree to repay it within a stipulated period of time and at a fixed interest rate.    Some people find it hard to secure a loan from their banks while some pay a high interest on the secured loan making it a burden on their part.  Are you trying to secure a loan, but you don't have collateral to provide or the interest rate is too high?  I'm happy to inform you that there are now some loan applications that allow you to borrow funds and repay at a stipulated time with its interest.      Let's now be taking them one after the other.    1 .      LCREDIT   This application offers you to borrow money online with a flexible repayment plan and favourable interest rate.    It offers loans from #5,000-#50,000 with the interest rate of 0.1 up to 1%.  Loan period ranges from 91-180days.   The interest rate is calculated

Banking services have been made easy in different ways. You don't need to go to the bank to perform some basic financial transactions unless you just feel like, doing an exercise or have a complaint that you want to lodge. This post is written for the customers of the bank who have been willing to know their bank short codes all this while in order to enjoy more financial services without their bankers' assistance.   The USSDs are designed to perform many transactions. Some of the transactions are to send money, pay bills, open an account, check your account number, manage your account, purchase airtime, pay for subscription, purchase data and also change or reset your pin.   I compiled some of the Nigerian bank's USSDs for the betterment of everybody. Meanwhile, if you can't find the short code of your own bank in the list, please be patience as this list will be updated often as more researches are being done. Let's get down to business. this list is compiled alp

Bank is now taking their services to your doorstep with the introduction of Mobile Banking. Have you ever sat down and imagined how this world would have been without the introduction of many technological innovations   I bet things would have got very boring without those innovations. It will be an understatement saying technology is good rather, technology is the best in this our generation.   If you can sit down anywhere in the world and have the opportunity to perform different financial services be it on your phone, tablet or laptop.   One of the trending products of a financial institution now is a mobile banking.    It is designed for its users so as to enable them perform many different transactions without their banker's assistance.   You can use mobile banking to transact in different ways such as  sending or receiving money, payment of bills and cables, purchase of airtime, having access to mini statement of account, purchase of data bundle, without necessarily going to

The only way you can be regarded as a bank customer is simply by having an account with the bank. Without this, you can only enjoy the banking activities not as its authentic customer, rather as a third party. The banking business nowadays is the one that mainly influences the economy They accept deposits from the surplus units and channel those funds to the deficit units thereby controlling the flow of money in circulation in the economy. B ank has both financial and investment activities its carries out daily. Let's explain some of these functions performed by bank for b etter u nderstanding!   Ba nk Accepts D eposit from You Have you ever wondered why people stopped keeping money under their pillows?  It's because there are now banks everywhere where you can conveniently keep your money without the issue of theft. B ank will just accept such funds from you and lend it out to those who need them.   The Deposit Accepted from You Are Lent out That&

 It is good to know exactly the type of bank account we are opening now to avoid any unforeseen circumstances in the future after we may have been enjoying the benefits of having an account with the bank rather than saving our money under our pillows. It's not a good thing to have a bank account with the bank without knowing the major purpose for opening such a particular account. Only a very few know how their account is operated while some do not bother to know.   In spite of this, I wrote this post to enlighten bank customers and other potential customers who may want to know how different bank accounts work in order to select the one that really suits their purpose.   To start with is, the Normal Savings Account Do you want to save now and withdraw it any time you feel like without informing your bank? If that is what you want then, this type of account works for you. This is the most popular account as you can open it without having any amount of money as initial deposit.  

The major thing we all think about doing all the time is making money and there are several ways by which we can make money in life. Making money is the thing we consider to be the hardest thing in life while people use different ways to make their money. Some use legitimate way to make their money while some use the other way to make money. Whichever way you use, you still making money. It is now left to you to decide whether to use legitimate way to make your own money or otherwise. You have been making money through different ways but I want to show you another spectacular way in which you can start making money  PoS business. A Point of Sale business is the business trending in town now. it is very easy to start and doesn't cost you fortune to start.     all you need is a small capital and a business location with your banner. now, let's get down to real business. A PoS is a hardware machine that you use to process card payment at a retail location. You want make a transact

Automated Teller Machine Card also known as Debit Card is an instrument that enables its holders to perform various transactions through Automated Teller Machine (ATM). ATM card can make your transactions with any bank easier, rather than visiting the banking hall every time to transact, you can simply and easily use the ATM to carry out whatever transactions you want to do with the help of ATM card without your banker's assistance. ATM card will be rendered useless to its holder immediately it expires. If it gets stolen, it can be used by hackers and you can lose all your money in your bank account. We have witnessed different scenarios at different occasions where the ATM Card got stolen by some unscrupulous people who then hacked the ATM Card and withdrew all the money in the customers' bank account.   In spite of this problem being faced with many users of ATM card, I shared this post to guide us as regards reasons why we must not reveal our ATM card to a third party and

As we have Automated Teller Machine, you will believe we also have one particular instrument that makes it function properly.    Without you having this so called instrument, there is no way you can have access to ATM and what does that means to you, it means you won't be able to withdraw your funds, transfer funds, there will be no purchasing of airtime, no payment of bills and so on, through ATM . This instrument I'm talking about is called Debit Card popularly known as ATM Card.   Not everybody knows what ATM /Debit Card  really means I've explained what it means in my recent article titled '' How to Collect My ATM Debit Card '' But whether you have an idea of what it means or not, I'll give you a brief explanation on it.    " A debit card is a pin based card issued by a financial institution such as bank to its account holders so as to  perform various transactions through the ATM ".   With the way technology is fast advancing in this mode

Automated Teller Machine is one of the products of electronic banking introduced by financial institutions such as bank to ease the way customers of the bank carry out their financial transactions.   The introduction of Automated Teller Machine has made the financial services rendered by bank to its customers easier. Ranging from transfer of funds either from one branch of the bank to another branch of the same bank or from one bank to a different bank, checking your account balance, requesting your statements of account, making of enquires and so on.     Now, what really is meant by Automated Teller Machine? Automated Teller Machine (ATM) is an electronic device that allows its users to perform a wide range of financial transactions without necessarily visiting the bank to seek assistance. From it's layman definition, you as a customer of the bank will agree with me that ever since the inception of ATM, the rate at which you visit the banking hall has reduced drastically due to m

The activities of the banking industry in underdeveloped, developing, and developed economies can not be overemphasised. They control the supply of money and see that funds are channeled from the surplus units to the deficit units of the economy thereby influencing the economy.  As the banking industry began to expand, its activities started expanding simultaneously thereby making the banking functions difficult to be carried out efficiently and effectively by the bankers, hence the need arouse to introduce electronic banking.  Electronic banking is an online banking in which transactions are carried out through an electronic means rather than performing transactions through physical means.  let me explain further to you guys!  You know, instead of you to rush down to the bank before you can carry out any banking transaction, you can just do that through your smartphone, tablet, laptop, desktop, or your ordinary call making phone through using any of the types of electronic means s

Many people especially people living in the rural areas don't know or have very a little knowledge about how to request for Automated Teller Machine Debit Card popularly known as ATM card. This in turn limits the ways by which they transact with their bank. In light of this, this post is written to educate people  regarding the way by which people can request ATM card from their respective banks.   Debit Card is not a card you can get anywhere as it is issued by the financial institutions alone. An institution such as bank is the sole issuer of ATM card in Nigeria.   That sounds strange to you, doesn't it? Well,  that is the fact. What is an ATM debit card? An ATM debit card also called ATM card is a pin based card issued by a financial institution such as bank to its account  holders so as to perform various transactions with the bank through Automated Teller Machine (ATM).   We have different kinds of ATM debit cards namely Verve, Naira Master Card, and Visa Gold. Some Automa