Posts

Funding Your Bank Account with Mobile Recharge Cards: The Future of Financial Inclusion or a Hidden Cost?

-
Image
Funding Your Bank Account with Mobile Recharge Cards Funding Your Bank Account with Mobile Recharge Cards: The Future of Financial Inclusion or a Hidden Cost? Introduction: The Rise of USSD and Mobile Recharge Cards in Nigeria In Nigeria, where over 58.3 million adults remain financially excluded, mobile technology has become a lifeline for millions. Unstructured Supplementary Service Data (USSD) banking—those quick codes like *737# or *906#—has revolutionized how people transfer money, pay bills, and even buy airtime without stepping into a bank. But what if you could do the reverse? What if, instead of using your bank balance to buy airtime, you could convert your unused mobile recharge cards into cash to fund your bank account? This isn't just a futuristic idea—it's already happening. A groundbreaking study by researchers at the University of Ilorin, Nigeria, titled ...
Post a Comment
Read more

EXCLUSIVE: How Nigeria’s New Tax Bill 2024 Will Affect Your Take-Home Pay – What You Need to Know NOW!

-
Image
Nigeria's New Tax Bill 2024 Analysis EXCLUSIVE: How Nigeria's New Tax Bill 2024 Will Affect Your Take-Home Pay – What You Need to Know NOW! Introduction: A Tax Storm is at the Door! Nigeria's salary earners are about to face a seismic shift in their take-home pay, as the Nigeria Tax Bill 2024 is moving closer to being passed into law by President Tinubu. After weeks of intense negotiations, the Senate and the House of Representatives have finally passed the harmonized version of the bill, setting the stage for President Bola Tinubu's approval. The Chairman, Presidential Fiscal Policy and Tax Reforms Committee, Mr. Taiwo Oyedele, reported via his LinkedIn that "Today, 28 May 2025, the Senate and the House of Representatives adopted the harmonized versions of the four tax reform bills. The Bills are now set to be forwarded to Mr. President for assent". The new tax reforms aim to brin...
Post a Comment
Read more

Are You Falling Behind on Credit Card Payments? The Internet Could Be the Reason

-
Image
Could Your Credit Card Delinquency Be Blamed on the Internet? Could Your Credit Card Delinquency Be Blamed on the Internet? Shocking Study Reveals the Truth Introduction: The Hidden Culprit Behind Your Mounting Credit Card Debt Picture this: It's midnight, you're scrolling through your phone, and an irresistible ad pops up— "50% OFF TODAY ONLY!" Before you know it, you've added three items to your cart (possibly on Temu or anyone of those online shops), clicked 'Buy Now,' and charged another $200 to your credit card. A week later, the bill arrives, and you realize—you can't pay it off. How sad! Sound familiar? You're not alone. A groundbreaking study published in the North American Journal of Economics and Finance reveals a shocking truth: Internet access significantly increases the likelihood of credit card delinquency. That's right—your late payments and maxed-o...
Post a Comment
Read more

Top 4 Hidden Financial Scams to Avoid

-
Image
4 Unknown Scams in the Business and Finance World 4 UNKNOWN SCAMS IN THE BUSINESS AND FINANCE WORLD: HOW YOU CAN AVOID THEM Introduction: The Scam No One Sees Coming Imagine this: You're a small business owner, and your most trusted employee—the one who handles payroll, invoices, and bank deposits—has been quietly siphoning money for months. By the time you notice, $100,000 is gone. Your business collapses. Your employees lose their jobs. Your life savings vanish. This isn't a scene from a crime drama—it's embezzlement, one of the many hidden scams lurking in the shadows of business and finance. From rigged casinos to charity fraud, business email compromise (BEC) scams, and philanthropic tax loopholes, the financial world is riddled with schemes that most people never see coming. And with technology evolving, these scams are ...
Post a Comment
Read more

Money Talks: The Surprising Emotional and Practical Secrets Behind How People Really Track Their Money

-
Image
Money Talks: The Surprising Emotional and Practical Secrets Behind How People Really Manage Their Finances How Do You Manage Your Money and Family Finances? Insights from Groundbreaking Research on How We Really Handle Our Finances "There are some questions on money and finances that you need to answer in the affirmative if you're to be successful with money." Introduction: The Money Taboo—Why We're All Failing at Finance Imagine this: You check your bank balance, wincing as you see another month of overdraft fees. You tell yourself, "Next month, I'll budget better." But deep down, you know that's a lie. Sound familiar? You're not alone. Money is one of the most emotionally charged, poorly understood aspects of modern life. We think we know how to budget, spend, save, and invest—until we end up living from hand to mouth, drowning in debt or shocked by a dwindling retiremen...
Post a Comment
Read more