If you are an OPay merchant running a POS business and need money to grow your business, OPay EaseMerchant Loan is one of the loan options you should understand. EaseMerchant is an OPay business loan designed for qualified merchants. It is different from EaseMoni, which is a separate loan service for eligible OPay users. EaseMerchant … Read more
The World Bank’s loan facility to Nigeria of $500 million will have certain conditions imposed on it, including economic reform and accountability measures, as detailed in the October 2026 agreement. The facility, which has been made available from the International Bank for Reconstruction and Development (IBRD), is part of World Bank’s Nigeria Actions for Investment … Read more
The Central Bank of Nigeria (CBN) cut its Monetary Policy Rate (MPR) from 26.5% to 23% on 22nd September 2026 at the 307th MPC meeting. This is the biggest single cut in CBN history – 350 basis points at once. If you are looking for a loan now, the first question is: Will my bank … Read more
If you are Nigerian in UK on Tier 2 visa, now called Skilled Worker visa, I know the exact question in your head: “I am working, I am paying tax, I have National Insurance, but can I get loan in UK on this visa? Or will they chase me because I am not British citizen?” … Read more
When I landed in Lagos in 2015 to start BankiBusiness, I had no business contact, no office, nothing. I had to build trust from scratch. I visited markets, I shook hands, I delivered small results before asking for big money. Building your UK credit score as a Nigerian immigrant is exactly the same. The UK … Read more
If you just japa’d to the UK, I need to tell you a painful truth I learned from my cousin who moved to Birmingham in 2023. He had a good job. He was earning £2,200 monthly as a care worker. He had money in his Monzo account. He applied for a £2,000 loan from his … Read more
Last week, during a financial literacy session for corps members in Yaba, a young lady came to me after the class. She had three loan apps on her phone and she was confused. She said, “Sir Prudent, QuickCheck is offering me N20,000, Carbon is offering N25,000 and PalmCredit is offering N30,000. Which one should I … Read more
Last month following a financial literacy session for small traders in Gikomba market, a young man waited until everyone left and came to me. He was embarrassed. He said, Mwalimu, I borrowed Ksh 1,000 from Hustler Fund in 2023 and I never paid. I assumed it was free government money. Now my SACCO is telling … Read more
Last Tuesday, I was helping some shop owners conduct a financial literacy session in the Nairobi West region, and after the session, one lady came to me showing me her phone. “Prudent, is this loan app genuine? They are threatening to call my contacts because I delayed by two days,” she’d say. The name on … Read more
If you are looking for an OKash loan in Nigeria, the most important things to know are how much you can borrow, the interest rate, who owns OKash, whether it is approved by the Central Bank of Nigeria, what you need to apply, how much a first-time borrower can get and how to repay the … Read more