A Smart Shield for Consumers in Distress: Why Nigerian Banks Must Innovate Beyond PINs
Imagine this: you’re being coerced at an ATM or POS by rogue officers or scammers and you’re forced to make a transfer. Right now, all your options feel like a…
Consumer Protection During Nigerian Bank System Upgrades: 5 Key Tips
As Nigerian banks undergo system upgrades to enhance their services, consumers may experience disruptions in banking operations. These upgrades, while essential for improved security and efficiency, can also present risks…
How Higher Interest Rates Affect Your Wallet: What You Need to Know!
When the Central Bank of Nigeria (CBN) raises interest rates, it impacts everyone in different ways. Here’s a simple breakdown for consumers: 1. Higher Loan Costs When interest rates go…
Managing a bad credit history
Getting rid of the negative credit report information and catching up on past due bills is the best way to start rebuilding bad credit. To increase your score to a…
FIRS imposes VAT on online transactions starting; January 2020
The Federal Inland Revenue Service (FIRS) says it will begin to impose value-added tax (VAT) on online transactions, both domestic and international, with effective from January 2020. Babatunde Fowler, FIRS…
How to keep your online transactions secure
Is online transaction safe today? It is a big question that has not only vanish the sleep of bankers and e-commerce consumers but has become the challenge for tech masters…
What to do if your bank account is hacked
If you notice any strange or unusual activity on your bank statement, notify your bank immediately. Cyberattacks on banks happen every day but not to worry, most banks are well…
Nigerians transfer N216bn via mobile devices in nine months
The value of transactions via mobile devices rose by 56 per cent in the first nine months of this year to N216bn from the 2017 figure of N138bn, as banks,…
Is it safe to bank on Wi-Fi, apps?
Wi-Fi makes it easy to access information and do business online — whether you are around the house, around town, or anywhere around the world. But just because it is…