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The new CBN domestic scheme, AfriGo

AfriGo: All You Need to Know About CBN’s Domestic Card Scheme.

AfriGo: All You Need to Know About CBN’s Domestic Card Scheme. In an effort to strengthen the national payments system, the Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-bank Settlement System (NIBSS) has launched AfriGo, a new payment system. The first domestic card scheme in Africa, the CBN Governor, Godwin Emefiele, formally …

AfriGo: All You Need to Know About CBN’s Domestic Card Scheme.

Why teach kids financial literacy?

What To Teach Children About Money

It’s never too early to know what to teach children about money. All over the world, financial literacy for children is being taken seriously. Teaching children about money strengthens their ability to effectively understand and use various financial skills, like personal monetary management, savings, and spending, investing, and budgeting. Financial literacy for kids is part …

What To Teach Children About Money

CBN Interest rate hike affects borrowers

What The CBN Interest Rate Hike Means for Borrowers In Nigeria

The Central Bank of Nigeria (CBN), through its Monetary Policy Committee (MPC), has announced an interest rate hike. Read below to learn what the CBN interest rate hike means for borrowers in Nigeria. The MPC, which held its first meeting for 2023 on the 23rd and 24th of January, increased the country’s monetary policy rate …

What The CBN Interest Rate Hike Means for Borrowers In Nigeria

Your inability to curb impulse buying places a big wedge between you and your savings goals

Three ways to curb impulse buying and save more

There are steps you need to take to attain financial discipline, but these three ways to curb impulse buying and save more stand out. When it comes to consumer behaviour, impulse buying occurs after shoppers experience an urge to buy products without planning or budget considerations. Such forms of purchases are often spontaneous without any …

Three ways to curb impulse buying and save more

How to increase your savings

10 ways to increase savings

Are your bills mounting and you need to find a way to boost your savings? Look no further as nairaCompare takes you through 10 ways to increase savings and actualise your goals of attaining financial freedom. Whether you’re saving towards a big goal or paying off a debt, you have plenty of options for trimming …

10 ways to increase savings

What portion of my salary should i save

What Determines How Much Of My Salary I Should Save Monthly

The importance of saving money is clear, but what determines how much of my salary I should save monthly? Recruitment website, Jobberman believes that the golden rule is that by age 30, the money you have saved should correspond to your annual salary. This gives you a very clear picture of how much you need …

What Determines How Much Of My Salary I Should Save Monthly

USSD Codes for Banks in Nigeria

USSD Codes for Banks in Nigeria

Despite advancements in mobile messaging technologies, USSD  Codes for banks in Nigeria continue to remain relevant to users. USSD (Unstructured Supplementary Service Data) banking is generally regarded as a safe, convenient, and cost-effective means of accessing financial services on your phone without the use of an internet connection. It is similar to Short Message Service …

USSD Codes for Banks in Nigeria

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