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Showing posts from November, 2019

How to Apply for Development Bank of Nigeria (DBN) 10 years Loan in Nigeria

Who Qualifies For The DBN Loan? All MSMEs (start up or existing) involved in productive enterprises are eligible for the loan. However, they must be customers of eligible financial institutions. DBN is poised to provide funding and risk-sharing guarantees through Participating Financial Institutions (PFIs), who will then on-lend to end beneficiaries. DBN loans can be accessed through PFIs, which include Commercial Banks, Microfinance Banks, Development Finance Institutions (DFIs) and other Financial Institutions. DBN loan repayment tenure is flexible (up to 10 years with a moratorium period of up to 18 months) and the interest rates are on a market-conforming and fully financially sustainable basis. How to Get A DBN Loan? 11.         Visit your bank: Commercial Bank, Microfinance Bank, Development Finance Institution (DFI) and other Financial Institutions and indicate you want to apply for a DBN Loan. 22.      The Bank appraises the business and loan purpose, and if

Beginners Guide on How To Make Money On Fiverr In Nigeria (2020)

Anyone can easily make money on Fiverr if they have one or two digital skills. Today, thousands of Freelancers all over the world are making six figure incomes online from Fiverr.   Since its launch in 2010 Fiverr has become a significant freelance marketplace. Not only did it establish credibility within a short span of time but it also has emerged as one of the go-to platforms for the freelancing beginners. So, can you make money on Fiverr in 2019? Definitely, but the level of difficulty will vary from service to service. Based on my experience as a buyer and seller, I truly do believe that there is still space in the Fiverr market and the tips shared in this post will help you achieve some great results. What is Fiverr? Fiverr is an online platform where users sell their products and services for at least $5 each. Fiverr brings together buyers and sellers from all over the globe. Earning five dollars per task may not sound like much, but those little sales can add up to h

Basic Information about Bitcoin

Bitcoin is currently the most popular cryptocurrency. The problem bitcoin is trying to solve is an important one faced by many people across the world. Leo Tolstoy said, “money is a new form of slavery.” By controlling money, vast power is wielded in today’s world. The enormous amount of money in circulation is primarily controlled by bankers and they wield the powers of inflation and currency debasing as methods of increasing and controlling product prices throughout the economy  Centralized and institutional control of currency is the problem bitcoin is trying to solve. Bitcoin, like many other cryptocurrencies, gives power to the people using the cryptocurrency as they do not require authorities in a centralized system to do business and make purchases. By being peer to peer (P2P) and decentralized it lets people trade without having the rules of the transaction dictated by third parties. Cryptocurrency enables users to act anonymously and this removes power traditionally held

How to Make Money Online By Trading Forex In Nigeria: Step by Step Guidelines

Foreign Exchange Trading or Forex trading involves the systematic buying and selling of foreign currencies for profit making purpose. Forex trading used to be the exclusive reserve of the rich and financial institutions, but today with the advent of the internet and easy account funding services like e currencies and credit/debit cards, ordinary people with as little as $100 or even $1, are now making money trading forex online. The forex market is the largest financial market in the world worth over $4 trillion daily. The number of Nigerians interested in making money online is growing by the day. Many of our youths (between the ages of 21 to 35 years) are willing to learn one or two online skills that can be used to make legit money online in Nigeria. In 2019, trading of foreign exchange (Forex) is one of the simplest ways to some quick cash online and this is due to the fact that anyone with a smartphone or laptop connected to the internet and little basic about currency tradi

Top 10 Profitable Businesses to Start With Low Capital in Nigeria

Have you thought about starting a small business in Nigeria in 2019? Research has shown that, the times of economic crisis and financial meltdown are the best periods to start a business. The good news is that you don’t need a huge amount of capital to start a successful small business in Nigeria. With great business ideas and a good execution strategy, you are on to a successful business venture. You realize you need to begin something for yourself. You simply need to pipe your desire and time into a thought that will win you additional money, do right by you, and perhaps lead to a full-time venture—and that astounding minute you get the opportunity to state "I quit!" to your boss. Most importantly, you will not only need to create a successful business venture but put your whole heart and soul into it. This way, you will love what you do, and it will simultaneously earn you money. Besides, this is the era of technological progress, so it has become easier to make