Differences between a current account & savings account?

Do you know the difference between a savings account and a current account? I (It’s Efe here 👋) asked my family this, and it seems the consensus is, a current account is supposed to be the one you use for your daily transactions, so you get charged by the banks to help you hold on

How to get a small business loan in Nigeria

Have you noticed that everyone has a small or micro business now? From the Iya Bobo that sells drinks to Abdullahi’s provision store, small and micro businesses are constantly popping up everywhere, even on Instagram. That’s why it’s no surprise that there are over 37 million MSMEs and SMEs in Nigeria🤯. The Nigeria bureau of

Top 5 savings apps in Nigeria with high interest rates – 2023

Saving money is an essential part of personal finance and can be the key to achieving financial stability and independence. About five years ago, the only way to save money  was in savings accounts housed in traditional banks.  While this worked well for most people, it became increasingly hard to do so because of key

Is it safe to take loans from loan apps in Nigeria?

Last week, my friends and I were having a chat at one of our hang-out spots. My friend on the right, (we will call her Folake) opened the conversation by talking about how she needed fast money to stock her shop for the festive season. All she kept saying was “thank God for loan apps

Become smart with FairLock

When I was in school, I had this friend who’s Father used to give her the school fees (or at least half of it) a semester ahead because he didn’t want to risk not having it when it was time to pay. She would then take that school fees and put it in a fixed

Emergency Fund. Nice to have or must have?

My people, I’m here again with a topic that is close to my heart. You see, my first job was an internship. The pay wasn’t much, but I did it because I wanted to learn the ropes. Since the pay wasn’t a lot, I budgeted and planned my expenses a lot. I didn’t eat what

Interest rates of online loan apps in Nigeria – 2023

Last night, while chilling at home, an amazing business idea came to me. Next thing I did was to hit up all my friends asking if they were interested in investing. None of them were interested (understandably), so I went to the FairMoney app to get a loan. As I was logging in, a thought

Can you get loans in Nigeria without a salary account?

Loans, loans, loans. We have all heard about them or even taken one at one point or the other. The truth is that loans have gotten a bad reputation because over the years, loans have become synonymous with collaterals. This reminds me of the time when my dad wanted to get a quick loan from

LESS IS MORE

Hey guys, what’s good? Have you noticed that everytime you jump on social media, you see a post, video or reel telling you how to chill on a budget. As in, you hear people saying, your drink of choice when you go out should be water to avoid “Do Ri Me”, if you get me.

Top 8 lending apps in Nigeria.

It’s the Ember months! While this signifies the ending part of the year it is also the start of all things fun. The average Nigerian agrees that the Ember months, especially November and December are months when the rate of spending sores to its peak. This is because of the numbers of bills to be