First Edu Loan – What You Should Know

first edu loans
First Edu loan is a loan scheme specifically designed for school administrators and owners to help finance and grow their citadel. If you are a school owner who wants to know more about the First Bank First Edu loan, we encourage you to carefully read this article as we explain everything you need to know and how to apply. Overview Of First Bank First Bank Nigeria is one of the most popular and top-leading banks in Nigeria. It is well known as the apex bank of West Africa. It has existed since 1894 and has over 126 years of delivering top-notch financial services to individuals, businesses, and corporate bodies. They boast over 20 million customers with over 50 outlets in Nigeria. In their bid to serve their customers better, First Bank Nigeria drafted a lot of loan schemes to help individuals meet their needs, businesses, and...

Credit Control – Meaning and What You Should Know

Credit Control
In the business world, credit control plays an important role in maintaining a healthy and sustainable business. It refers to managing and regulating the credit policies and practices within an organization to ensure efficient cash flow, minimize bad debts, increase sales, and foster healthy relationships with customers. It is worth noting that the growth and profit of a business depends on its sales. This means that the higher the sales, the bigger the income and one of the strategies to attract more sales is credit control. Read on to learn more about this sales strategy and how you can apply it in your business. Meaning Credit control is a range of strategies and measures to monitor and regulate the credit extended to customers. It is also a sales strategy aimed at increasing sales and the income of the business or organization. It...

How to Get 100 Thousand Naira Loan

How to Get 100 Thousand Naira Loan
While looking to gain financial stability and opportunities, many individuals often need financial assistance, seeking loans to bridge the gap between their aspirations and current circumstances. If you are facing a situation where a loan of 100 thousand Naira could be the answer to your financial challenges, this article is tailored to guide you through the process of obtaining it. You need to understand the various options, eligibility criteria, and necessary steps that can be crucial in ensuring a smooth loan application experience. Here is how to get an 100 thousand naira loan in Nigeria. How To Get 100 Thousand Naira Loan There are five ways to get 100k loan in Nigeria. Traditional Financial Institutions And Credit Unions Traditional banks and credit unions are frequently the go-to solutions for many people when borrowing money. These...

Letter of Credit – Everything You Need To Know

letter of credit
One of the challenges faced by International traders is the issue of distance. Sometimes the buyer (importer) and the seller (exporter) may never get to see each other, and there is a need to ensure that each party gets whatever they bargained for, especially the seller. This is where a letter of credit comes into play. In this comprehensive article, we shall extensively discuss this important document, its importance, and everything you need to know. Keep reading! Overview A letter of credit (LC) is an important document ensuring the seller receives his or her payment. It is usually given by the buyer to the seller through the bank. With this letter, the buyer is rest assured that his payment is guaranteed both in due time and in the right amount. Most of the banks that help prepare this document charge a fee. This means that banks do...

Long Term Loans in Nigeria

long term loans in Nigeria
Long term loans are one of the three categories of loans (short, medium, and long-term) offered by banks and other financial institutions in Nigeria. It is worth noting that loans have been of great help to individuals and businesses in Nigeria. With loans, individuals can foot their bills while businesses can easily match up to the competition in the market. In this article, we will extensively discuss long-term loans in Nigeria, where to get them, and how to apply for long terms loans in Nigeria. Kindly read down. Overview Long term loans are loans that take a more extended period to get repaid. This means that it may take more than five years to repay long-term loans. To get a clearer picture, let's explain using a business. Business A needs funds to purchase plants and machinery and finance a project. Instead of waiting until...

How to Borrow Money From Jaiz Bank Loan

How to Borrow Money From Jaiz Bank Loan
How to borrow money from jaiz bank loan in Nigeria. Jaiz Bank is a leading non-interest bank in Nigeria that offers various financial services, including borrowing options tailored to individuals and businesses. If you're considering borrowing money from Jaiz Bank, this article will walk you through the process and provide valuable insights to help you make an informed decision. We will explore how you can borrow money from Jaiz Bank, understand their unique non-interest banking concept, assess your borrowing needs, explore their financing products, and navigate the application process. Kindly read down! Overview Of Jaiz Bank Jaiz Bank is a prominent non-interest and Islamic bank in Nigeria with its headquarters in Abuja. Established in 2003 and licensed by the Central Bank of Nigeria (CBN), Jaiz Bank operates following the principles of...

How to Apply for Covid 19 Loan in Nigeria

How to Apply for Covid 19 Loan in Nigeria
The global economy has been profoundly affected by the far-reaching consequences of the COVID-19 pandemic, sparing no nation from its impact. Nigeria, like many other countries, has faced significant economic challenges. To alleviate the financial burden individuals and businesses face, the Nigerian government has introduced COVID-19 loans. In this article, we will guide you through applying for a COVID-19 loan in Nigeria, providing valuable information and steps to access this financial support during these challenging times. Who Is Eligible To Apply For COVID-19 Loans In Nigeria? Hospitality, which includes accommodation and food services Health (pharmaceuticals and medical supplies) Agricultural value chain activities Airline service providers Trading Manufacturing and value addition Any other income generating...

How To Check BVN On UBA

How To Check BVN On UBA
The Bank Verification Number (BVN) has become an essential element of banking in Nigeria, serving as a unique identifier for individuals across various approved banks. If you are a UBA (United Bank for Africa) account holder and must verify or retrieve your BVN, this article will guide you through the process. Understanding how to check BVN on UBA can save you time and provide peace of mind regarding the security of your financial transactions. Please stay and read to the end! What Is BVN, And Why Is It Important? The Bank Verification Number (BVN) is a unique identification number assigned to individuals in the Nigerian banking system. It serves as a centralized means of verifying and authenticating the identity of bank customers across multiple financial institutions in Nigeria. The BVN is an 11-digit number linked to an individual's...

How to Check BVN on Access Bank

How to Check BVN on Access Bank
Bank Verification Number (BVN) is a crucial identification number that links your biometric and personal information to your bank accounts. It serves as a means of verifying the identity of bank customers and reducing fraudulent activities. If you are an Access Bank customer and need to check your BVN, this article will provide you with a step-by-step procedure to help you through the process. Please, take your time and read this article. 3 Ways on How To Check BVN On Access Bank As an Access Bank customer or account holder, you can check your BVN through any of these three ways; Through USSD code Through online Through Mobile App These three ways are reliable and convenient. And to utilize any method, you must follow the proper steps. Let's quickly explain each method. How To Check BVN On Access Bank Through USSD Code...

How to Check Data Balance on 9mobile

How to Check Data Balance on 9mobile
Mobile data has become a precious resource. It's crucial to know your data balance to avoid unexpected moments or running out of data when you need it the most. If you are a 9mobile subscriber, this comprehensive article will walk you through the various methods to check your data balance quickly and conveniently. Stay tuned; let's dive in! Overview Of 9mobile 9mobile, formerly known as Etisalat Nigeria, is one of Nigeria's leading telecommunications providers. With a focus on innovation, customer satisfaction, and reliable connectivity, 9mobile has become a vital role in Nigeria's telecommunications industry. 9mobile launched its operations in Nigeria in 2008 after winning the bid for the Nigerian Communication Commission's (NCC) second national operator's license. The company, initially known as Etisalat Nigeria, entered the Nigerian...