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How Much Can PalmPay, Opay, Kuda Bank and MoniePoint Receive Without BVN in Nigeria?

By
Seun Ogun
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0
How Much Can PalmPay, Opay, Kuda Bank and MoniePoint Receive Without BVN in Nigeria?

Are you wondering how much money you can receive on digital wallets like PalmPay, Opay, Kuda Bank, and MoniePoint without submitting your Bank Verification Number (BVN)? In this detailed guide, we’ll break down the deposit limits for each wallet platform and provide key insights into how you can maximize fund transfers without a BVN. 

Let’s paint a scenario. Imagine you just moved to a new city and need to start receiving payments from your clients. However, you don’t have the time yet to visit a physical bank branch to enroll for a BVN. Digital wallets can be extremely convenient in such situations by allowing basic transactions and money transfers without a BVN. Keep reading to learn more!

PalmPay Deposit Limit Without BVN

PalmPay is one of the largest digital wallet services in Nigeria, with over 5 million active users. For new PalmPay users without a BVN, the maximum daily deposit limit is ₦30,000. This means you can receive up to ₦30,000 in individual or accumulated transactions on a single day without submitting a BVN. There is no limit on the number of days you can receive deposits, as long as each day’s total is below ₦30,000. 

How PalmPay Protects Users Without BVN

While the daily deposit limit of ₦30,000 is convenient for basic transactions, PalmPay implements the following security measures to protect non-BVN users:

  • Funds over ₦30,000 are kept on hold until you enroll for a BVN within 30 days.
  • Your PalmPay account details like phone number cannot be changed without BVN verification. 
  • International/overseas transfers are blocked for non-BVN accounts. Funds can only be received/sent within Nigeria.
  • Withdrawals to an external bank account require BVN enrollment to verify your identity.
  • So in summary, PalmPay allows ₦30,000 daily deposit receives without hassles, while still maintaining user security checks until BVN is provided.

Opay Deposit Limit Without BVN

Opay, which is owned by Opera Limited, provides a similar daily deposit limit of ₦30,000 for non-BVN users. Funds over this amount will be held until you complete BVN registration on the Opay app. 

One key difference compared to PalmPay is that Opay occasionally requests for know-your-customer (KYC) documentation like a picture of your valid ID card or international passport. This helps further verify your identity without a BVN. 

Key Things to Note About Receiving on Opay Without BVN

  • Daily deposit limit is ₦30,000 like PalmPay. However, accumulated funds from multiple days may be put on hold until BVN registration. 
  • Occasional KYC checks by uploading ID photos help validate users without a BVN.
  • Opay PSB license allows withdrawals directly to linked bank accounts without BVN. However, a daily withdrawal limit of ₦100,000 applies.

Kuda Bank Deposit Limit Without BVN

Kuda Bank is a digital-only commercial bank in Nigeria, regulated by the Central Bank of Nigeria. For new customers without a BVN, Kuda Bank enforces a stricter daily deposit limit of just ₦10,000 from all sources. Any funds received over ₦10,000 will be put on hold until the account owner submits their valid BVN.

Compared to Opay and PalmPay, Kuda Bank has added the following security processes for non-BVN users

  • Daily deposit limit is a lower ₦10,000 instead of ₦30,000.
  • No withdrawals allowed to external bank accounts without BVN. 
  • Intra-bank transfers exceeding ₦50,000 also require BVN.
  • Strict KYC checks involving facial matching of government-issued IDs.

So while the daily deposit limit is lower at ₦10,000, Kuda Bank applies more robust account security for users yet to enroll their BVNs. This helps mitigate financial risks to some extent.

MoniePoint Deposit Limit Without BVN    

MoniePoint, owned by Moniepoint Micro-investments Limited, is quite flexible with deposits for new users without BVNs. The platform allows receiving up to ₦50,000 daily from all sources, which is significantly higher than other wallet limitations.

Some key considerations for receiving funds on MoniePoint non-BVN accounts include:

  • Daily deposit limit of ₦50,000 applies without issues.
  • Strict periodic KYC checks still required to further verify identity. 
  • No cash-out withdrawals to bank accounts until BVN registration is complete.
  • International/foreign transfers blocked without submitting valid BVN.

So while MoniePoint offers a daily maximum of ₦50,000 receives for non-BVN users, the platform still implements security barriers like restricted withdrawals and periodic KYC to balance user convenience with risk control.

Conclusion

Thanks for reading to the very end. In summary, here are the deposit limits without BVN across popular digital wallet and bank platforms in Nigeria

PalmPay – ₦30,000 daily, Opay – ₦30,000 daily, Kuda Bank – ₦10,000 daily, MoniePoint – ₦50,000 daily.

All platforms still require submiting valid BVN details within a time frame, usually 30 days. This helps complete user due diligence processes. So in totality, receiving ₦10,000 to ₦50,000 daily is very convenient for basic transactions without a BVN across these digital wallet services in Nigeria.

I hope this article provided valuable insights into receiving funds without a BVN across popular digital wallet platforms in Nigeria. Let me know if you need any clarification or have additional questions by commenting below. 

FAQs

Can I use OPay without BVN?

Yes, you can use OPay without a BVN, but with some limitations. 

How can I increase my deposit limits without a BVN?  

Unfortunately, there is no way to increase the standardized daily deposit limits set by different digital wallet providers without a valid BVN. 

The only options are to either distribute receipt of funds over multiple days, enroll your BVN, or consider wallet platforms that offer higher default non-BVN deposit ceilings like MoniePoint. Completing proper KYC processes upfront also ensures deposits are released smoothly up to the daily limits. Overall, submitting your BVN is the most reliable way to enjoy unlimited transaction amounts on digital finance services in Nigeria.

Eversend Vs Chipper Cash: Differences, Similarities, and Which is Better

By
Seun Ogun
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0
Eversend Vs Chipper Cash: Differences, Similarities, and Which is Better

If you’re someone who’s always on the lookout for efficient ways to handle your finances, you’re in the right place. As someone who recently come across the Eversend and Chipper Cash mobile apps, I can tell you that these two platforms have been making waves in the fintech sphere. 

But before we get into the nitty-gritty of what sets them apart and what makes one potentially better than the other, there’s one crucial thing you need to know. What’s that? 

Without a clear understanding of the differences and similarities between Eversend and Chipper Cash, you might find yourself missing out on some financial opportunities. 

So, hold onto your digital wallets because we’re about to break down everything you need to know about these two fintech giants and help you decide which one could be the best you’ve been searching for.

What is Eversend?

Eversend is a mobile payment app designed to simplify cross-border transactions. It offers a range of services and features to make international money transfers and financial management easier.

Features of Eversend

Cross-border payments

Eversend allows users to send and receive money across borders quickly and easily. 

The platform stands out by offering no fees for sending money within the same country and a reasonable 1% fee for international transfers.

Virtual cards

Eversend provides virtual cards that can be used for online and in-store purchases. These virtual cards are linked to your Eversend account and are accepted wherever Mastercard or not.

Crypto trading

Eversend has ventured into the world of cryptocurrency, allowing users to buy, sell, and trade digital currencies like Bitcoin, Ethereum, Litecoin, and more.

Stock trading

Through a strategic partnership with a regulated broker, Eversend offers stock trading services. You can buy and sell stocks from companies listed on major stock exchanges through this platform.

What is Chipper Cash?

As we all know, Chipper Cash is another mobile payment app designed to facilitate cross-border money transfers and digital financial management.

Features of Chipper Cash

Cross-border payments

Similar to Eversend, Chipper Cash allows users to send and receive money across borders with ease. Notably, there are no fees for sending money within the same country, making it a cost-effective choice for local transactions.

Chipper cards

Chipper Cash offers both physical and virtual cards for online and in-store purchases. These cards are linked to your Chipper Cash account and can be used wherever Mastercard is accepted.

Digital bill payments

One standout feature of Chipper Cash is its ability to pay various bills online, including utility bills, rent, and school fees. This convenience streamlines your financial responsibilities.

Business payments

Chipper Cash extends its services to businesses of all sizes, offering tailored payment solutions. Whether you’re a small business owner or part of a larger enterprise, Chipper Cash has you covered.

Similarities between Eversend and Chipper Cash

While Eversend and Chipper Cash have their unique features, they share several common traits, some of them include;

  • Both platforms allow users to send and receive money across borders.
  • Both offer a variety of features, including cross-border payments, virtual cards, and crypto trading.
  • Both are accessible in multiple African countries.
  • Both prioritize security and provide robust customer support.

Differences between Eversend and Chipper Cash

Eversend and Chipper Cash differ in some ways. 

Eversend charges a 1% fee for sending money to other countries, while Chipper Cash does not impose any fees for in-country transfers.

Eversend boasts a broader range of features compared to Chipper Cash, including crypto trading and stock trading.

Eversend offers round-the-clock customer support, while Chipper Cash’s customer support hours are more restricted.

Eversend are available in the following countries such as Ghana, Kenya, Nigeria, Rwanda, South Africa, Uganda, Zambia, Zimbabwe while Chipper Cash is available Angola, Botswana, Cameroon, Ghana, Kenya, Lesotho, Malawi, Mozambique, Namibia, Nigeria, Rwanda, South Africa, Tanzania, Uganda, Zambia, Zimbabwe

Conclusion

The choice between Eversend and Chipper Cash u depends on your specific financial needs and priorities. 

If you are looking for an app with diverse features, such as crypto trading and stock trading, then Eversend is a good option.

If you are looking for an app with no fees for sending money within the same country, then Chipper Cash is a better choice. Thanks for reading to this end.

FAQS

Which bank owns Chipper?

Chipper Cash is not owned by any bank. It is a privately held fintech company that was founded in 2018 by Ham Serunjogi and Maijid Moujaled. The company is headquartered in San Francisco, California, but it has operations in several African countries, including Ghana, Nigeria, Kenya, and Uganda.

How much is 1 dollar to naira in Chipper Cash?

As of today, 1 US dollar is equivalent to 785 Nigerian naira in Chipper Cash. This is based on the live exchange rate on the Chipper Cash app.

How much is Cashapp $100 in Naira?

As of today, September 15, 2023, 100 US dollars in Cash App is equivalent to 78,500 Nigerian naira. This is based on the live exchange rate on the Cash App website.

How to Borrow Money from Cash App on Android, iPhone in 2023

By
Seun Ogun
-
0
How to Borrow Money from Cash App on Android, iPhone in 2023

Are you a Cash App user, looking for a quick and hassle-free way to borrow money right when you need it? Well, you’re in luck because in 21st century, financial flexibility is at your fingertips. Whether you’re an Android or an iPhone enthusiast, the Cash App has got you covered with its borrowing feature.

So, without further ado, let’s started.

What is Cash App Borrow?

Cash App Borrow is a feature that empowers users to borrow funds conveniently through the Cash App platform. 

This service is designed to provide quick access to cash for a variety of purposes, from covering unexpected expenses to seizing investment opportunities. 

Cash App Borrow extends a virtual helping hand by allowing you to borrow up to $200, subject to specific terms and conditions.

How Does Cash App Borrow Work?

The mechanics of Cash App Borrow are relatively straightforward. 

When you borrow money through this feature, a 5% flat fee is applied to the borrowed amount. 

Additionally, if you fail to repay the loan within the stipulated time frame, a 1.25% late fee will be incurred. 

Who Can Borrow Money from Cash App?

To qualify for Cash App Borrow, you must meet the following criteria:

  • Be a US resident.
  • Be at least 18 years old.
  • Maintain a Cash App account in good standing.
  • Possess a valid debit card or bank account linked to your Cash App account.

Before going into the borrowing process, it’s crucial to understand the terms and eligibility criteria associated with Cash App Borrow. These terms will govern your borrowing experience and determine your obligations, including interest rates and repayment periods.

Steps to Borrow Money from Cash App

Now that you have a solid grasp of the fundamentals, let’s explore the step-by-step process of borrowing money from Cash App.

Step 1: Open the Cash App

Begin by launching the Cash App on your Android or iPhone device. If you haven’t already downloaded the app, you can find it on the App Store (for iPhone users) or the Google Play Store (for Android users).

Step 2: Tap the “Banking” Tab

Once you’re inside the Cash App, locate and tap on the “Banking” tab. This tab serves as the gateway to various financial services offered by Cash App, including borrowing.

Step 3: Tap “Borrow”

Within the “Banking” section, you’ll find the option to “Borrow.” Tap on it to initiate the borrowing process.

Step 4: Enter the Amount You Want to Borrow

Specify the amount you wish to borrow. Cash App will display the available borrowing options based on your eligibility and the amount you request.

Step 5: Choose a Repayment Plan

Select a repayment plan that aligns with your financial capabilities and preferences. Carefully review the terms associated with each plan to make an informed decision.

Step 6: Review the Terms and Conditions

Before proceeding, it’s essential to thoroughly review the terms and conditions of your loan. Ensure that you understand the interest rates, fees, and repayment obligations.

Step 7: Tap “Borrow”

Once you are satisfied with the terms and have made your selections, tap the “Borrow” button to confirm your borrowing request. Cash App will process your application, and if approved, the funds will be deposited into your Cash App account.

Frequently Asked Questions (FAQs)

Can you borrow money from Cash App on Android?

Yes, you can borrow money from Cash App on Android. The Cash App Borrow feature is available to eligible users in the United States who have had a Cash App account for at least 30 days and have a linked bank account.

What is the Interest Rate on Cash App Borrow?

The interest rate on Cash App Borrow is a flat 5%. This means that for every $100 you borrow, you will be charged $5 in interest.

How Long Do I Have to Repay My Cash App Loan?

You are given a 4-week repayment window for your Cash App loan. If you do not repay the loan in full by the due date, a 1.25% late fee will be applied.

Conclusion

Cash App Borrow offers a convenient and accessible way to obtain funds when you need them most. 

By following the outlined steps and adhering to the terms and conditions, you can navigate the borrowing process on your Android or iPhone device in 2023 with confidence. Thanks for reading. 

How to Remove Easybuy Security Plugin on Android Phones

By
Seun Ogun
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0
How to Remove Easybuy Security Plugin on Android Phones

As an Android user, you’ve likely come across various security measures designed to safeguard your device. 

These protective systems are essential for keeping your personal information and data secure. 

However, there are times when you might encounter certain security features that don’t quite align with your preferences. One of such instance is dealing with the Easybuy Security Plugin on your Android phone.

So, without further ado, let me teach you journe how to solve this cliche in your  Android phone of the Easybuy Security Plugin. Are you ready, lets go. 

What is Easybuy security plugin? 

Easybuy Security Plugin is a pre-installed application on some Android phones. Its primary purpose is to enhance device security by preventing unauthorized access and protecting against potential malware threats. 

While it offers security benefits, there are circumstances where users might find it necessary to remove this plugin and that’s today subject matter. 

Why do you want to remove it?

There are several reasons why you might want to remove Easybuy Security Plugin:

  • Some users may notice that the plugin consumes system resources, potentially leading to a decrease in device performance.
  • You might prefer using alternative security applications that offer different features or better align with your security preferences.
  • Easybuy Security Plugin may have features or functionalities that you don’t need or want, leading to the desire to remove it.
  • Concerns about data collection or privacy issues associated with the plugin could also motivate its removal.

Now, let’s go into the step-by-step methods for removing Easybuy Security Plugin from your Android device.

Methods for Removing Easybuy Security Plugin

Method 1: Remove Easybuy Security Plugin from Settings

1.  Open Settings:  Begin by accessing your device’s settings.

2.  Tap on Apps & Notifications:  Scroll down and select “Apps & Notifications” from the settings menu.

3.  Find the Easybuy Security Plugin app:  In the list of installed apps, locate and select “Easybuy Security Plugin.”

4.  Tap on the Uninstall button:  Once you’re in the app’s settings, you should see an option to uninstall it. Tap on this button to initiate the removal process.

Method 2: Remove Easybuy Security Plugin from the App Manager

1.  Open the App Manager:  Navigate to your device’s App Manager. The location of this option may vary depending on your phone’s manufacturer and Android version.

2.  Find the Easybuy Security Plugin app:  In the App Manager, search for the “Easybuy Security Plugin” app among the list of installed applications.

3.  Tap on the Uninstall button:  Once you’ve located the app, tap on the “Uninstall” button to initiate the removal process.

Method 3: Remove Easybuy Security Plugin using adb (Andriod Debug Bridge)

1.  Enable USB debugging on your phone:  Go to your phone’s settings, navigate to “Developer Options,” and enable USB debugging. This step allows your computer to communicate with your Android device.

2.  Connect your phone to your computer:  Use a USB cable to connect your Android phone to your computer.

3.  Open a command prompt window:  On your computer, navigate to the folder where the Android SDK Platform-Tools are located. You can do this using the command prompt.

4.  Type the following command and press Enter:  Enter the following command in the command prompt window: “adb uninstall com.easybuy.securityplugin”

This command instructs the Android Debug Bridge (adb) to uninstall the Easybuy Security Plugin from your device.

Watch the video below to learn how to remove security plugin from easy buy.

Conclusion

In conclusion, removing Easybuy Security Plugin from your Android phone is a as easy as ABC. 

However, it’s essential to consider the potential risks associated with its removal, such as reduced security. If you decide to proceed with the removal, follow one of the methods outlined in this guide. Thanks for reading to this end. 

Frequently Asked Questions

How do I stop Easybuy from blocking my phone?

To stop Easybuy from blocking your phone, you need to repay your loan. If you have already repaid your loan, you can try the following steps to remove the Easybuy security plugin from your phone:

  • Go to your phone’s settings.
  • Tap on “Security”.
  • Tap on “Device administrators”.
  • Find the Easybuy security plugin and tap on it.
  • Tap on “Disable”.
  • Tap on “Disable again” to confirm.

Can easy buy block my phone?

Yes, Easybuy can block your phone if you do not repay your loan or balance for your phone. 

The Easybuy security plugin that is installed on your phone when you take out a loan allows Easybuy to track your phone usage and to remotely lock your phone if you do not repay your loan.

Can I buy iPhone through Easybuy?

Yes, you can buy an iPhone through Easybuy. Easybuy is a buy-now-pay-later platform that allows you to purchase electronics, furniture, and other items on credit.

Sun King Solar Price In Nigeria for home 600, 400 and 120 reviews

By
Seun Ogun
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0
Sun King Solar Price In Nigeria for home 600, 400 and 120 reviews

have you been looking forward to buy a new solar for your home very soon? Or are you in need of Sub king solar? Don’t worry weare here to help you. 

In this article, we will go into details about Sun King Solar, exploring its products, features, prices, and customer reviews for Home 600, Home 400, and Home 120 models. Let’s get started. 

What is Sun King Solar

Sun King Solar is Known for its innovative products and unwavering commitment to quality, to the extent that it has become a trusted name in Nigeria’s solar energy market.

Why Opt for Solar Power?

Before going into the specifics of Sun King Solar products, it’s essential to understand why solar power is a compelling choice. 

Solar energy is not only environmentally friendly but also offers a range of benefits that extend to your finances and energy independence.

Benefits of Solar Power

  • Eco-Friendly Energy Source

Solar power is a clean, renewable energy source that produces no harmful emissions or pollutants. By harnessing the power of the sun, you contribute to a greener and healthier planet.

  • Cost Savings and Financial Benefits

Investing in solar power can lead to significant savings on your energy bills over time. Additionally, government incentives and tax credits can make solar energy even more financially attractive.

  • Energy Independence

Solar power puts you in control of your energy production. You become less reliant on NEPA, reducing the impact of energy price fluctuations.

Stay tuned as we go deeper into the specifics of Sun King Solar’s Home 600, Home 400, and Home 120 models, including their features, prices, and customer reviews.

Sun King Home 600

The Sun King Home 600 model is designed to meet the energy needs of larger households and small businesses. Here are some of its notable features and specifications

  • High-capacity solar panels for increased energy production.
  • Long-lasting battery storage for energy utilization during the night.
  • Multiple charging options, including solar, grid, and DC power.
  • LED lighting solutions for efficient and bright illumination.
  • Durable and weather-resistant construction for longevity.

The price of the Sun King Home 600 varies based on the configuration and optional accessories. Generally, it costs about N56,000

Sun King Home 400

The Sun King Home 400 model is designed with versatility in mind. It offers a balance between large and small businesses or household. 

Here are some of its key features and specifications;

  • Moderate-capacity solar panels suitable for smaller households and businesses.
  • Efficient battery storage for energy backup.
  • Multiple charging options for flexibility.
  • LED lighting solutions for energy-efficient illumination.
  • Robust construction for durability.

The Sun King Home 400 costs 50,000 Naira. Get your today. 

Sun King Home 120

For those with more modest energy needs, the Sun King Home 120 offers a compact and affordable solar solution. Here are its key features and specifications

  • Compact solar panel for space-saving installation.
  • Battery storage for basic energy requirements.
  • Simple charging options for ease of use.
  • LED lighting for essential illumination.
  • Sturdy construction for reliability.

The Sun King Home 120 is an excellent entry point into solar power, and costs 47,000 Naira only. 

Comparison

FeatureSun King Home 600Sun King Home 400Sun King Home 120
Power output600 watts400 watts120 watts
Number of lights powered1086
Other appliances poweredTV, radio, mobile phone chargerTV, mobile phone chargerMobile phone charger
Built-in batteryYesNoNo
PriceN300,000N200,000N100,000
ReviewsPositivePositivePositive

Conclusion

In conclusion, Sunking is a very good product for your Solar energy. Do you want to buy now, consider the product size today and other for any at nearest Sunking outlet in your area. Thanks for reading 

FAQS

How many watts is home 600?

The Home 600 is a solar home system that has a nominal wattage of 600 watts. This means that the solar panel can generate up to 600 watts of electricity under ideal conditions.

How long does SunKing solar last?

The lifespan of a SunKing solar product depends on the specific product and how it is used. However, in general, SunKing solar products are designed to last for up 5 years.

The SunKing Pro 400 lantern, for example, has a battery that is rated to last for 5 years. The solar panel will also last for many years, but it may need to be replaced after 10-15 years.

The SunKing Home 600 solar home system has a battery that is rated to last for 8 years. The solar panels are also rated to last for many years, but they may need to be replaced after 15-20 years.

For the power, it can last for 100 hours

Do solar panels work at night?

No, solar panels do not work at night. They need sunlight to generate electricity.

What are Islamic Banks? List of Islamic Banks in Nigeria their Origin, Growth and Details

By
Seun Ogun
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0
What are Islamic Banks? List of Islamic Banks in Nigeria their Origin, Growth and Details

An Islamic bank is a financial institution that operates in accordance with the principles of Islamic law, or Shariah. These principles prohibit the payment or receipt of interest, as well as the investment in businesses that involve activities considered harmful or unethical according to Islamic ethics.

History of Islamic Banking

The history of Islamic banking dates back to the early days of Islam, with its roots in the Quran and the Hadith. 

However, modern Islamic banking as we know it began to emerge in the mid-20th century. 

The first Islamic bank, Mit Ghamr Savings Bank, was established in Egypt in 1963. 

Later, in 1975, the Islamic Development Bank (IDB) was established to promote economic development among member countries, further boosting the growth of Islamic finance globally.

Principles of Islamic Banking

Islamic banking is guided by several fundamental principles, they include; 

1. Prohibition of Interest (Riba): Interest (usury) is strictly prohibited in Islamic finance. Instead of charging interest, Islamic banks use profit-sharing and risk-sharing mechanisms to distribute returns from investments.

2. Prohibition of Speculation (Gharar):  Islamic banks are prohibited from engaging in speculative activities, such as gambling and futures trading, which are considered to be speculative and high-risk.

3. Prohibition of Unethical Activities:  Islamic banks cannot invest in businesses involved in activities considered harmful or unethical, such as alcohol, pork, gambling, or any business that violates Islamic principles.

Islamic Banks in Nigeria

Islamic banking was introduced in Nigeria in 1983 when the first Islamic bank, the Faisal Islamic Bank of Sudan, was established. Since then, the number of Islamic banks in Nigeria has grown to over 20. The largest Islamic bank in Nigeria is Jaiz Bank, which was established in 2003.

Origin of Islamic Banking in Nigeria: 

Islamic banking in Nigeria was initially established to cater to the financial needs of the Muslim population, which comprises a significant portion of the country’s population. 

The government recognized the potential benefits of Islamic banking and created a conducive regulatory environment for its growth.

List of Islamic Banks in Nigeria

Jaiz Bank

Jaiz Bank, established in 2003, holds the distinction of being Nigeria’s first Islamic bank. Its headquarters are located in Abuja. The bank commenced operations with the aim of providing Shariah-compliant banking products and services.

Jaiz Bank offers a services, including savings accounts, current accounts, investment products, and financing solutions. All of these offerings strictly adhere to Shariah principles, ensuring ethical and transparent transactions.

Jaiz Bank’s innovative approach to Islamic banking has earned it numerous accolades, such as the Islamic Finance News Award for Best Islamic Bank in Nigeria (2014) and the Global Islamic Finance Award for Best Islamic Bank in Africa (2015).

Taj Bank

Established in 2008, Taj Bank is an Islamic financial institution headquartered in Lagos. The bank operates branches in major Nigerian cities. 

Taj Bank is dedicated to delivering ethical and transparent banking services. Its product range includes savings accounts, current accounts, investment instruments, and Shariah-compliant financing products.

Taj Bank’s commitment to Islamic banking excellence is evident through awards like the Islamic Finance News Award for Best Islamic Bank in Nigeria (2016) and the Global Islamic Finance Award for Best Islamic Bank in Africa (2017).

Bank of Industry Islamic Banking

In 2011, the Bank of Industry established its Islamic Banking division, offering Shariah-compliant financial products and services to both businesses and individuals.

The Bank of Industry Islamic Banking plays a crucial role in supporting the Nigerian economy by providing financing to businesses across various sectors, contributing to economic development.

Bank of Industry Islamic Banking

The Bank of Industry Islamic Banking is committed to supporting the development of the Nigerian economy. The division provides financing to businesses in a number of sectors, including agriculture, manufacturing, and healthcare.

SunTrust

SunTrust is a conventional bank that offers a range of Shariah-compliant banking products and services through its SunTrust Islamic Banking division. 

The division was established in 2013 and offers a range of products and services, including savings accounts, current accounts, investment products, and financing products.

Jabeer Investment Company Limited

Jabeer Investment Company Limited is an Islamic investment company that was established in 2014. The company offers a range of investment products, including sukuk, Islamic mutual funds, and Islamic hedge funds.

Jabeer Investment Company Limited is committed to providing its clients with Shariah-compliant investment products that offer competitive returns.

TrustBank Takaful

TrustBank Takaful is an Islamic insurance company that was established in 2015. The company offers a range of takaful products, which are Islamic insurance products that are based on the principles of mutuality and risk sharing.

TrustBank Takaful is committed to providing its clients with Shariah-compliant insurance products that offer financial protection and peace of mind.

Conclusion

That’s all about Islamic Banks in Nigeria. 

They have made significant strides in Nigeria, driven by their appeal to the Muslim population and government support. It offers a unique financial system based on ethical principles, which can contribute to financial stability, social justice, and environmental sustainability. Thanks for reading to this end. I hope you find this article helpful. 

 FAQS

How many types of Islamic banking are there?

There are three main types of Islamic banking. 

They include;

  • Murabaha
  • Ijarah
  • Mudarabah

New USSD codes for all network providers in Nigeria (MTN, Glo, 9mobile, Airtel)

By
Seun Ogun
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0
New USSD codes for all network providers in Nigeria (MTN, Glo, 9mobile, Airtel)

Recharge, Borrow Airtime and Data, share Airtime data, etc

This article tends to provide all new USSD codes for mobile network in Nigeria. 

In May 2023, the Nigerian Communications Commission (NCC) introduced new USSD codes across all network providers, including MTN, Glo, 9mobile, and Airtel. 

These codes are used for transactions such as airtime recharge, data purchase, airtime and data sharing, checking airtime balance, borrowing airtime, linking National Identification Numbers (NIN), and contacting customer care. 

In this guide, we’ll go deep into the details of these new USSD codes and why the NCC decided to implement them.

What Are USSD Codes?

Before we go into the new USSD codes, let’s understand what USSD codes are. 

USSD codes are short, numeric, or alphanumeric sequences that serve as a means of communication between mobile devices and mobile network service providers. 

They are typically dialed using a specific code followed by additional numbers or characters. 

Why Did the Nigerian Communications Commission (NCC) Introduce New USSD Codes?

The introduction of new USSD codes by the NCC was driven by several important factors which include;

1.Outdated Codes:  The existing USSD codes were becoming outdated and unable to support newer mobile services and features.

2. Security Enhancement: The NCC aimed to enhance the security of USSD transactions, making it more challenging for fraudsters to intercept and misuse them.

Which Network Providers was affected by the New USSD code? 

The new USSD codes are applicable to all major network providers in Nigeria, including:

MTN

Airtel

Glo

9mobile

New USSD Codes for Airtime Recharge

Airtime recharge is a fundamental aspect of mobile phone usage. The new USSD codes for airtime recharge are as follows:

MTN: Dial *311*recharge card codes#

Airtel: Dial *555*recharge card codes#

Glo: Dial *123*Recharge card codes#

9mobile: Dial *311*recharge card codes#

To recharge your airtime using these codes, simply dial the respective code and enter your voucher PIN when prompted.

New USSD Codes for Data Purchase

For users looking to purchase data, the new USSD codes are as follows:

  • MTN : Dial *312#
  • Airtel : Dial *141#
  • Glo : Dial *777#
  • 9mobile : Dial *312#

To buy data using these codes, dial the specific code and follow the prompts that appear on your screen.

New USSD Codes for Airtime and Data Sharing

Sharing airtime and data with friends and family has never been easier with these new USSD codes:

  1. MTN : Dial *321#
  2. Airtel : Dial *123*RecipientNumber*Amount#
  3. Glo : Dial *123*RecipientNumber*Amount#
  4. 9mobile : Dial *321#

To share airtime or data using these codes, dial the code and enter the recipient’s phone number and the desired amount.

Other New USSD Codes

In addition to the codes mentioned above, there are additional USSD codes for MTN Service. 

  • Checking Airtime Balance : Dial *310#
  • Borrowing Airtime : Dial *303#
  • Linking NIN : Dial *996#
  • Contacting Customer Care : Dial *100#

These codes make it more convenient than ever to access essential services and support.

ServiceMTNAirtelGlo
Airtime recharge311 Voucher PIN #555 Voucher PIN #123 Voucher PIN #
Data purchase*312#*141#*777#
Airtime and data sharing*321#123 Recipient Number * Amount #123 Recipient Number * Amount #
Check airtime balance*310#123 #123 #
Borrow airtime*303#123 Borrow #123 Borrow #
Link NIN*996#123 NIN #123 NIN #
Customer care*100#*100#*100#
Do-Not-Disturb (DND)*2442#*2442#*2442#
Porting services*3232#123 Port #123 Port #
Value-added services*305#123 VAS #123 VAS #
LIST OF NEW USSD CODES FOR ALL MOBILE NETWORK

Conclusion

The introduction of these new USSD codes by the Nigerian Communications Commission has significantly improved the accessibility, security, and user experience both positively and negatively of mobile services in Nigeria. Whether you are an MTN, Airtel, Glo, or 9mobile subscriber, these codes are designed to simplify your interactions with your network provider. I hope you find this piece helpful. Thanks for reading 

Frequently Asked Questions (FAQs)

Why did all network change their code?

The new codes are unified, meaning that they are the same across all networks. This was done to improve customer experience and make it easier for users to access services.

How do I link my National Identification Number (NIN) using the USSD code? 

Dial *996# to link your NIN to your mobile number using the USSD code. Follow the instructions provided to complete the process.

Apply for LairaPlus Loan: LairaPlus Loan App Apk Download, customer care Phone and Whatsaap number, Office Address

By
Seun Ogun
-
0
Apply for LairaPlus Loan: LairaPlus Loan App Apk Download, customer care Phone and Whatsaap number, Office Address

Are you in need of financial assistance and considering applying for a LairaPlus Loan? Look no further! In this guide, we will provide you with all the essential information you need to smoothly navigate the LairaPlus Loan application process. 

From downloading the LairaPlus Loan App to accessing customer care through phone and WhatsApp, as well as locating their office address, we’ve got you covered. Let’s get started. 

What is LairaPlus Loan?

LairaPlus Loan is a user-friendly financial service that provides quick and convenient loans to individuals in need. 

Whether you’re facing unexpected expenses, planning a home renovation, or need funds for any other purpose, LairaPlus Loan is here to assist you. 

How to Contact LairaPlus Loan’s Customer Care  

If you’re ready to apply for a LairaPlus Loan or have inquiries, you’ll find several convenient ways to reach their customer care team. 

LairaPlus Loan Customer Care Phone Numbers

To connect with LairaPlus Loan’s customer care via phone, simply dial their dedicated helpline number at +234 7030919031 

Whether you have questions about loan eligibility, interest rates, or any other aspect of the loan application, the customer care team is just a call away to provide you with the answers you need.

LairaPlus Loan Customer Care WhatsApp Contact  

If you prefer the convenience of WhatsApp, you can easily reach out to LairaPlus Loan by sending a message to their customer care WhatsApp number at +234 7030919031. 

WhatsApp offers a quick and efficient way to connect with their support team. Whether you have queries, require assistance, or need guidance on the loan application, the WhatsApp option ensures you get the help you need promptly.

LairaPlus Loan Office Address and Contact Details  

For those who prefer in-person assistance or need to submit physical documents, you can find LairaPlus Loan’s office address at Lekki, Lagos, Nigeria.

Visiting  their office is an excellent option for a face-to-face discussion regarding your loan application or any other matter related to their services.

LairaPlus Loan is committed to ensuring that you can reach out to them using the method that suits you best.

How to Download the LairaPlus Loan App  

Now that you know how to contact customer care, let’s discuss how to apply for a LairaPlus Loan by downloading their mobile application.

1. Visit Your App Store: Begin by opening your smartphone’s app store, whether it’s the Apple App Store or Google Play Store.

2. Search for “LairaPlus Loan” : In the search bar, type “LairaPlus Loan” and hit enter. Look for the official LairaPlus Loan app.

3. Download the App: Once you’ve located the app, tap on it to download and install it on your device.

4. Create an Account : After installation, open the app and follow the on-screen instructions to create an account. You’ll need to provide some personal information and documents for the loan application.

5.  Apply for a Loan: Once your account is set up, you can proceed to apply for a LairaPlus Loan directly through the app. Follow the prompts to complete your application.

6.Wait for Approval : After submitting your application, LairaPlus Loan will review it, and if approved, the funds will be disbursed to your designated account.

7.Repayment : Make sure to adhere to the repayment schedule outlined in your loan agreement to maintain a positive financial relationship with LairaPlus Loan.

Conclusion 

In conclusion, applying for a LairaPlus Loan has never been more accessible. With the option to download their user-friendly app and easy access to customer care through phone and WhatsApp, you can confidently take the first step toward achieving your financial goals. 

I hope you find this article helpful. Thanks for reading to this end. 

FAQS

Is lairaplus a legit loan app?

Yes, is legit loan app. Lairaplus is a r new loan app in Nigeria that offers personal loans to eligible borrowers. It is registered with the Corporate Affairs Commission (CAC).

Can my BVN be blocked by a loan app?

No, a loan app cannot block your BVN. Only the Central Bank of Nigeria (CBN) can block your BVN. A loan app can only blacklist your BVN in their own system, which will prevent you from borrowing from that particular app again.

Stanbic IBTC Customer Care Whatsapp Number, Phone Number, Email Address and Office Address

By
Seun Ogun
-
0
Stanbic IBTC Customer Care Whatsapp Number, Phone Number, Email Address and Office Address

Are you seeking assistance from Stanbic IBTC for your banking inquiries or need general information about their services? Look no further! In this comprehensive guide, we will provide you with all the essential contact information to connect with Stanbic IBTC. 

We’ll cover their customer care phone numbers, email addresses, WhatsApp contact, and office address so that you can access the assistance you require. Read on to discover how to get in touch with Stanbic IBTC and experience seamless customer service.

What is Stanbic IBTC? 

Stanbic IBTC is a customer-centric financial institution that offers different banking and financial services. 

From personal banking to corporate solutions, Stanbic IBTC is known for its innovative and reliable services that cater to your diverse financial needs. With an unwavering commitment to quality and customer satisfaction, Stanbic IBTC has positioned itself as a trusted brand in the banking industry. 

Why is Having Access to Customer Care Important? 

Access to customer care is vital for ensuring a positive and hassle-free experience with any financial institution.

It enables you to quickly resolve queries, seek assistance with your accounts, and provide valuable feedback. 

When it comes to Stanbic IBTC, having access to their customer care ensures that you can promptly address any issues, receive expert guidance, and feel supported throughout your banking journey. 

How to Contact Stanbic IBTC’s Customer Care? 

Getting in touch with Stanbic IBTC’s customer care is a straightforward process, and there are multiple convenient ways for reaching them. You can connect with them through their customer care phone numbers, email addresses, or even via WhatsApp. 

Stanbic IBTC Customer Care Numbers for Nigeria and Overseas 

To connect with Stanbic IBTC’s customer care, you can use their dedicated helpline numbers, both for customers in Nigeria and those overseas. If you’re in Nigeria, simply dial +234-700-9099-09909 

For customers located outside Nigeria, you can reach Stanbic IBTC’s international customer care at 234 0700 909 909 909. No matter where you are, Stanbic IBTC is just a phone call away, ensuring you receive timely assistance for your banking queries or concerns.

Stanbic IBTC Customer Care Email Address 

If you prefer written communication, you can easily reach out to Stanbic IBTC’s customer care team via email. Send your inquiry or concern to CustomerCareNigeria@stanbicibtc.com, providing a detailed explanation of your issue. 

How to Reach Stanbic IBTC via WhatsApp 

For a quick away to contact Stanbic IBTC, consider using their WhatsApp contact option via 0700 909 909 909

By sending a message on WhatsApp to Stanbic IBTC’s dedicated customer care number, you can connect with their support team. 

Whether you have a question, concern, or require assistance with your account, WhatsApp provides a convenient means to reach out to Stanbic IBTC and access the support you need. 

Stanbic IBTC Office Address and Contact Details 

If you’re looking for Stanbic IBTC’s office address or additional contact details, we’ve got you covered. You can find Stanbic IBTC’s office address at I.B.T.C. Place, Walter Carrington Crescent, Victoria Island Lagos. 

This is particularly useful if you prefer in-person visits or need to submit physical documents. 

Conclusion 

In conclusion, having access to Stanbic IBTC’s customer care is essential for banking experience. 

Whether you need assistance with your accounts, have inquiries, or wish to provide feedback, Stanbic IBTC’s customer care team is always ready to assist. 

I hope you’ve learnt how You can reach out via phone, email, or WhatsApp. Thanks for reading. 

FAQS

Does Stanbic Bank do international transactions?

Yes, Stanbic Bank does allow international transactions. You can use your Stanbic Bank debit card to make purchases at POS terminals and online merchants in other countries. 

Which Nigeria bank card can be used internationally?

Any bank that issues Visa and Mastercard debit cards can be used internationally. These are the most common types of debit cards in Nigeria and can be used at most merchants and ATMs in other countries. However, you may be charged a foreign transaction fee when using these cards.

Can I receive dollar in my Naira account?

Generally, you cannot receive dollars in your Naira account. However, some banks allow you to receive dollars in a linked domiciliary account.

FCMB customer Care Whatsapp Number, Phone Number,Email Address and Office Address

By
Seun Ogun
-
0
FCMB customer Care Whatsapp Number, Phone Number,Email Address and Office Address

Are you a customer of First City Monument Bank (FCMB) and in need of assistance or information? Look no further! In this article, we will provide you with all the essential contact details to connect with FCMB’s customer care team. Whether you have questions about your account, need assistance with banking services, or want to provide feedback, FCMB is ready to help. Read on to learn how to get in touch with FCMB via WhatsApp, phone, email, and even visit their office.

What is FCMB?

First City Monument Bank (FCMB) is a customer-focused financial institution known for its different banking and financial services. From personal banking to corporate solutions, FCMB has been a trusted name in the Nigerian banking industry. 

Why It’s Important to Have Access to Customer Care 

Having easy access to customer care is vital for a seamless and stress-free banking experience.

It enables you to get your queries resolved promptly, seek assistance with transactions, and share your thoughts and concerns. 

How to Contact FCMB’s Customer Care 

If you need to reach FCMB’s customer care, there are multiple convenient ways to do so. You can connect with them through WhatsApp, phone, or email, and they are ready to assist you with any inquiries or issues you may have. So let’s get started 

FCMB Customer Care WhatsApp Number 

For those who prefer instant messaging, FCMB offers a dedicated WhatsApp number to connect with their support team. Simply send a message on WhatsApp to (+234) 09099999814 or (+234) 09099999815, and you can easily get in touch with a customer care representative. 

Whether you have questions about account balances, transactions, or any other banking matter, WhatsApp provides a quick and convenient way to reach FCMB.

FCMB Customer Care Phone Number 

FCMB also offers a phone line for customers to reach their customer care team. You can dial 01-2798800 , or 07003290000 to speak with a representative directly. This option is particularly useful for urgent inquiries or when you prefer a more personal conversation. Kindly note that FCMB’s phone line is available to assist you during business hours.

FCMB Customer Care Email Address 

Email is another effective way to communicate with FCMB’s customer care. You can send an email to customerservice@fcmb.com detailing your inquiry or concern. 

This method allows you to provide comprehensive information and attach any necessary documents or screenshots. 

FCMB’s customer care team will respond to your email promptly, ensuring your issues are addressed thoroughly.

FCMB Office Address and Contact Details 

If you need to visit FCMB in person or send physical documents, you can find their office address at Primrose Tower, 17A, Tinubu Street, Marina, Lagos. Their office location is perfect for face-to-face interactions and handling physical banking needs. Additionally, you can always refer back to the contact details mentioned earlier, such as the customer care phone number, email address, and WhatsApp number, for your convenience.

Conclusion 

In conclusion, having access to FCMB’s customer care is a valuable resource for all customers. Whether you prefer reaching out via WhatsApp, phone, or email, FCMB ensures that your inquiries and concerns are addressed promptly and professionally. 

Thanks for reading to this end. 

So, the next time you have a question or need assistance with your FCMB account, don’t hesitate to get in touch with their friendly and knowledgeable customer care team. 

 FAQS

Who is the owner of FCMB Bank?

The owner of FCMB Bank is the FCMB Group, which is a holding company that was founded by Chief Michael Olasubomi “Subomi” Balogun in 1977. The group’s flagship company is First City Monument Bank, which was established in 1982.

How much does FCMB pay their staffs?

The salary of FCMB staffs varies depending on their position, experience, and location. However, according to Glassdoor, the average salary for an entry-level banking officer at FCMB is NGN 105,000 – NGN 115,000 per month. 

Does FCMB have a dollar account?

Yes, FCMB offers a dollar account called the Domiciliary Account. This account allows you to hold and transact in US Dollars. You can open a domiciliary account either as an individual or a joint account. The minimum opening balance for a domiciliary account is $100.

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