Business

Helping Hands International (H2i) is an empowerment ­based­ membership program born out of a passion for total human capacity development and helping the less privileged in society. This piece will discuss most of the facts about Helping Hands International (H2i) Helping Hands International started in the Angels City of the Philippines with a woman called Luzvininda MacElvis. Luzvinind was a woman with a turbulent upbringing who struggled through life until she...

The Bank of Industry Limited (BOI) is one of Nigeria's major development financing institution and has been a flag­ bearer in the provision of long-­term financial support to various industries of the country’s economy. BOI has the mandate of providing financial assistance for the establishment of large, medium and small projects as well as expansion, diversification and modernization of existing enterprises and rehabilitation of ailing ones. The Bank Of Industry targets businesses that...

The Nigerian Society of Engineers, NSE, is the umbrella organization for the Engineering Profession in Nigeria. It was founded on 16th February 1958 by a group of young Nigerian graduate engineers and students in the UK and inaugurated at the Nigerian House in London. The Organisation looks after the professional needs of members through well-structured programmes and regular interactions among the different cadre of membership, enhancing high professional standard and ethical practices. NSE is registered with the...

NairaEx is a Nigerian e-currency exchange that allows users to buy and sell Bitcoin and perfect money with the Nigerian Naira at fair and competitive market rates via bank transfer and fast withdrawal into any Nigerian bank. The company which began operations in 2015, aims to utilise the power of Bitcoin - a digital currency to provide a more stable and healthy monetary system allowing Nigerians to access the wealth...

FlashMe Cash is First City Monument Bank's (FCMB) mobile banking platform that provides customers with the much-desired convenience of banking on the go with the aid of mobile phones or the internet anytime, anywhere. With Flashme Cash app, FCMB's customers can transfer funds to all mobile phone users in Nigeria, buy recharge cards, and pay their bills (e.g. DStv & GOtv) via any phone type. You can use FlashMe Cash by...

Union Bank Nigeria is a commercial bank with branch offices located in all states nationwide with an active internet banking service. The bank has an asset base estimated at NGN1.381 trillion ($4.1 billion). Like many other banks worldwide, Union Bank Nigeria serves both individuals, small and medium-sized companies, large corporations, and organizations. As the 556th largest bank globally and the 14th largest bank in Africa, Union Bank Nigeria has joined...

Twinkas, a peer-to-peer donation platform, was one of the top most visited sites in Nigeria in the year 2016. The Ponzi scheme swooped into Nigeria in 2017, shortly after millions of people suffered a huge financial loss on the popular Ponzi scheme, MMM. On Twinkas, members donate to an individual account and not to a bank. Once you are paired with someone, you are expected to donate money within 24 hours...

MMM Nigeria: Mavrodi Mundial Movement, popularly known as MMM, is a financial network where members provide and get financial help from other participants. MMM is structured in a way that participants receive a 30% reward of the amount they provided after 30 days. Unlike bank transactions, there is no interest rate in MMM, rather members are rewarded with Mavro after providing help. Mavro is the acceptable currency in MMM and...

Ultimate Cycler, a direct participant-to-participant payment system, is a Ponzi scheme which gained popularity in 2016. It was created by Peter Wolfing to 'help' people elevate their financial status through member-to-member donations. Wolfing, as gathered, is also the creator of the following schemes, Infinity 100, Pay Me Forward, Turbo Cycler, Easy 1UP, and National Wealth Center. Participants on Ultimate Cycler don't pay money into the scheme's system, rather, they get all...

Founded in 2006, Skye Bank Plc., popularly known as Skye Bank, is a leading Nigerian-based commercial bank. As one of the twenty-six (26) commercial banks licensed by the Central Bank of Nigeria, it provides banking and financial services to the public. The bank boasts over two hundred and sixty branches across Nigeria while its headquarters is situated at No. 3 Akin Adesola Street, Victoria Island, Lagos, Nigeria. It maintains subsidiaries in countries such...

First City Monument Bank, FCMB, is a commercial financial service provider in Nigeria, with its headquarters located in Lagos. The bank has the vision to be the premier financial services group of African origin. As such, they have created online internet banking to make the transaction of funds flexible for their customers. While that is the case, we are here to enlighten you, and as you continue to read, you...

Standard Chartered Bank Nigeria began operations in the country in 1969, four years after the Standard Bank of South Africa merged with the Bank of West Africa. The bank was renamed First Bank of Nigeria in 1979 from Standard Bank of West Africa a and had been a shareholder of First Bank of Nigeria until 1996. It made a major comeback in 1999 and was subsequently opened to clients as...

Established in 1917, Union Bank of Nigeria (UBN) offers various services to account holders of the bank without minding whether it is an individual or corporate organization account. The range of services provided by the bank allows customers to communicate with the bank in many ways that include through Email, phone calls, chatting on different social media platforms, among others. This service is otherwise known as the Union Bank...

When talking about nightlife in Nigeria, Lagos is one place that readily comes to mind as a one-stop destination for some of the most exotic and biggest nightclubs. Another way of putting it is that Lagos is the hub of nightlife in Nigeria. The city really fits well into the description given by some people as ‘the city that never sleeps.' With numerous clubs spreading across the city, nightcrawlers...

Terry Waya, Kid Waya's father with a net worth of $865,000 stands out as one of the richest men in Nigeria; a multimillionaire yet unknown to many until his son became famous on BBNaija season 5 in 2020. Also known as Mr. Versace, he hails from Benue State in the Middle Belt region of Nigeria. The businessman, philanthropist, consultant, lobbyist, and celebrity is highly respected among the political and elite...

It is a great lesson to learn on humility and leniency - a momentary character displayed by then trader, Aliko Dangote allegedly earned him a special prophecy of wealth from late Archbishop Benson Idahosa of the Church of God Mission International. Whether it's a fact or fallacy the story can be a subject of dispute but it was said that Africa's richest billionaire, Mr Dangote of the Dangote Group received...

Just like Amazon, Aliexpress, and eBay, there abound numerous online shopping stores in Nigeria. Nigerians no longer need to worry about the high exchange rate of the dollar, as these local shops trade in naira and render services relatively okay. Although transacting with some online shopping stores in Nigeria could be risky, due to poor/delayed delivery services, poor customer service, fake fashion/designers items and unethical practices, it is quite convenient to shop online than...

As the markets become more and more competitive, companies need to focus on efficiency on all aspects of their business; especially in the marketing department. Blasting ads on the radio or TV is not only inefficient, but it costs a lot of money. Thankfully, there are better ways of making use of the marketing budget to the fullest. One of such is using targeted mobile advertising platforms, guided by...

In Nigeria of today, the prices of virtually everything has increased, but thanks to Emilinks Limited (global), Nigeria’s leading manufacturers of premium quality doors, the prices of doors have been falling. Back in June this year, the company launched a never seen before N1 billion worth of discounts promo significantly crashing the prices of her premium quality doors. A 900mm x 2.1m hand-finished solid wooden door previously sold for N350,000...

The West African nation of Nigeria may be best known as having Africa’s biggest economy and being the world’s 12th largest producer and 8th largest exporter of petroleum, but it is also very well known for its long-time love affair with gambling which mainly comprises sports betting and pools , charity-based lotteries and selected land casino games. In fact, Nigeria’s overall gambling market is expected to exceed US$60 million by...