Nigerians have been affected badly by hardship and THE EFFECTS OF ECONOMIC RECESSION AND ECONOMIC GROWTH IN NIGERIA have decayed so badly according to a study from ResearchGate. For this cause, many Nigerians have gone on a rampage in search of any nearest solutions to help their needs and equip their dying businesses. Omor Naija … Read more
I bet you already know that most of the time, salary earners find themselves needing urgent, accessible financial assistance due to poor salaries not always being enough to cater to their family needs. In this situation, you can’t think of traditional banks due to their rigid lending criteria but microfinance banks are here to the … Read more
Across different jurisdictions, some loan apps do possess the technology that is capable of immobilizing a borrower’s device, although the legality and morality of such actions are complex and vary significantly. For this reason, we will examine both the potential justifications for phone locking and the serious implications it poses for you as a borrower. … Read more
This newfound ease of harnessing capital, however, comes with a critical question: should you share your Bank Verification Number (BVN) with these apps to unlock their lending power? It’s really a critical and delicate matter and should be treated as such. Do not worry I will be dissecting the potential risks associated with BVN sharing … Read more
With the importance of the BVN currently in Nigeria, it is now established as very important in our banking and financial system. People are greatly confused following the current trend of loan apps and want to find out: Why do loan apps request your BVN during the application process? I will expose the reasons behind … Read more