Author: Odudu Abasi

In today's fast-paced world, managing your finances efficiently is crucial. One of the simplest ways to stay on top of your finances is by using your phone to check your account balance. Whether you're at home, at work, or on the go, having instant access to your bank account information can save you time and provide peace of mind. This article will guide you through the steps on how to use your phone to check your account balance, covering various methods such as mobile banking apps, SMS banking, and USSD codes. By the end of this guide, you'll be equipped…

Navigating the world of loan apps in Nigeria can be challenging, especially with the plethora of options available. To help you make an informed decision, we've compiled a list of the top 5 loan apps in Nigeria as of June 2024. This list of the top 5 loan apps in Nigeria as of June 2024 has been ranked based on user feedback, ensuring that you can choose from the best platforms offering quick approvals, competitive interest rates, and seamless user experiences. Whether you need a personal loan, business funding, or emergency cash, these top-rated top 5 loan apps in Nigeria…

The release of the 2024 UTME results marks a pivotal moment for many students in Nigeria. Knowing how to access your JAMB results efficiently is crucial for staying informed about your academic progress. This article provides a detailed guide on how to check your 2024 UTME results via SMS or online, offering step-by-step instructions to ensure you can view your scores with ease. Whether you prefer the convenience of receiving your results via text message or the accessibility of the online portal, our guide covers all the necessary steps. Read on to discover the most reliable methods to check your…

The Central Bank of Nigeria (CBN) has played a pivotal role in shaping the country's financial and economic landscape. Over the years, various governors have helmed the institution, each bringing unique policies and perspectives that have influenced Nigeria's monetary policy and financial stability. In this article, we provide a detailed list of past CBN Governors in Nigeria and their tenures, highlighting their significant contributions and the key changes they implemented during their time in office. Understanding the history of these leaders offers valuable insights into the evolution of Nigeria's banking system and its impact on the broader economy. Read on…

In a significant move affecting millions of viewers, Multichoice Nigeria has announced a 19% increase in subscription prices for its popular DStv and GOtv services. This change, effective immediately, has sparked a wave of reactions from subscribers and industry experts alike. As a leading provider of satellite television services, Multichoice's decision to adjust prices is bound to have a wide-reaching impact on the entertainment landscape in Nigeria. This article looks into the details of the price hike, exploring the reasons behind it and what it means for current and potential subscribers. Multichoice Nigeria Increases Dstv, Gotv Subscription Prices Multichoice…

The Capital Adequacy Ratio (CAR) is a crucial financial metric used to assess the stability and health of banks and financial institutions. As defined by the Central Bank of Nigeria (CBN), CAR helps ensure that banks have enough capital to absorb potential losses, protecting depositors and maintaining overall financial stability. This article delves into the meaning of Capital Adequacy Ratio (CAR), explaining its components, the formula used for its calculation, and its importance in the Nigerian banking sector. Understanding CAR is essential for stakeholders, investors, and anyone interested in the financial health of banks. Read on to gain a comprehensive…

In a surprising turn of events, the Naira rallies as the black market price of the dollar is now at N1480/$1. This significant shift in the exchange rate has caught the attention of economists, businesses, and individuals alike. Understanding the factors behind this rally and its potential impact on Nigeria's economy is crucial. This article delves into the reasons behind the Naira's recent performance, examining both local and global influences. Whether you're a business owner, an investor, or simply concerned about your purchasing power, this comprehensive analysis will provide you with the insights you need to navigate this dynamic financial…

In a remarkable turn of events, Nigeria is set to import 2.1 million metric tons of rice, solidifying its position as the top buyer globally in 2024, according to the USDA. This significant surge in rice imports underscores Nigeria's growing demand for this staple food, driven by population growth and changing consumption patterns. The USDA's report highlights the implications of this development for both the Nigerian economy and the global rice market. As Nigeria navigates its agricultural challenges, this increase in rice imports reflects broader trends and potential shifts within the international trade landscape. Read on to explore the factors…

In a significant move aimed at stabilizing the exchange rate, the Central Bank of Nigeria (CBN) has increased the Nigerian Treasury Bills rate to 19% per annum. This unprecedented hike is part of the CBN's broader strategy to attract foreign investment and curb inflationary pressures. For investors and financial analysts, this development presents both opportunities and challenges in the evolving Nigerian financial landscape. This article delves into the reasons behind this rate hike, its potential impact on the economy, and what it means for local and international investors. Read on to understand the full implications of the Nigerian Treasury Bills…

Malaria remains a significant health concern in Nigeria, making access to effective and affordable treatment crucial. With numerous malaria drugs available, understanding their prices can help individuals make informed choices about their healthcare. This article delves into the costs of malaria drugs in Nigeria based on prices as of 2024. By comparing various options, we aim to provide a comprehensive guide that helps you find the most effective treatments within your budget. Whether you're seeking preventive measures or treatment for an active infection, knowing the price range of these medications is essential for managing your health efficiently. Read on to…