Business

10 places to apply for small business or personal loan without collateral

10 places to apply for small business or personal loan without collateral

Business, What's Hot
Securing a loan in a some countries like the USA, United Arab Emirates is relatively easy, but for some third world-countries like India and Nigeria, getting a loan even with collateral can be a hassle let alone getting a loan without one. Due to lack of government account of citizens and porous borders, banks find it hard to fork out loans to individuals and businesses alike to avoid stories that touch, aka people bolting with their monies. Today, we're going to talk about 10 places to get loan online without collateral. Lets go. 1. GROFIN GroFin provides Small and Medium Enterprise (SME) finance/business loans across Africa & the Middle East. If you have investible numbers and you looking to expand your business, then GroFin is your best short. With GroFin, businesse
Odunayo Eweniyi of PiggyVest wins SME Entrepreneur of the Year at Wealth and Society West Africa

Odunayo Eweniyi of PiggyVest wins SME Entrepreneur of the Year at Wealth and Society West Africa

Business, News, What's Hot
Co-founder of PiggyVest, Odunayo Eweniyi, was recognized as the SME Entrepreneur of the Year 2019 during the annual Wealth and Society West Africa Awards ceremony held in Lagos on Thursday April 25th. Odunayo helped create PiggyVest alongside Joshua Chibueze and Somtochukwu Ifezue. She currently serves as the chief operations officer of the brand. PiggyVest itself is a smart online bank that helps users save money by automatically deducting a specified amount from their debit cards at specified intervals. The saved money can be accessed and withdrawn by customers anytime. “Nigerians are mostly tech-adverse,” according to Odunayo, “and so we try to convince them to trust more in tech; we are working a lot to make sure we can deliver on our promises so that our users can trust us.”
OP ED: Computer Village Lagos and the story of Iyaloja and Babaloja

OP ED: Computer Village Lagos and the story of Iyaloja and Babaloja

Business, What's Hot
While the Asians and Caucasians think strategically, the West African is almost always emotional. There has been an uproar with the intention of the Tinubus to appoint an Iyaloja for the Computer Village in Lagos...and probably other modern business entities. Some claim it is anti-business, anti-Igbo or anti-democracy. Whatever! But would they have broken any law in the real sense? Hell, no!For the avoidance of doubts, the Iyaloja is a title for the Traditional African Market where the officer presides over the affairs of the Traditional Market. She is a titled Chief and a representative of the Oba or King. She collects the taxes and pays to the coffers of the Town, adjudicates over market disputes and ensures sanity. It is a part and parcel of the Yoruba Culture. In the 1999 Consti...
Small personal loans

Small personal loans

Business
Financial emergencies happen, and when they do, you want to make the best decision you can. Even if you don't have the money you need right now and you don't have someone who can lend it to you, there are options out there to get cash fast through a small loan. What are small personal loans? When you hear the word "loan," you might think of large or long-term loans like a car loan or a home loan, but there are other types of small personal loans designed to handle emergency situations. Getting a short-term loan can be a quick and convenient option when you need a financial bridge. Borrow the amount you need then pay it back plus a fee in a few weeks or on your next payday. It can be that easy. Different types of small personal loans Personal loans can help you get money when you need i...
Easy steps to linking your BVN with your GTBank Account

Easy steps to linking your BVN with your GTBank Account

Business, Simple Tutorials
The issue of the newest innovation by the Central Bank of Nigeria (CBN) to keep your accounts and online transactions more secure by the launch of the Bank Verification Number (BVN) initiative is a pretty laudable event and as much as that is, has its deadline set for the 31st of October and CBN seems to have stayed its mind on no further deadline extensions. Getting your BVN is very easy as you can do it from even any other bank where you don't have an account but you would have to link it up to your account later. On this note, GTBank has introduced a new feature at its ATM service points to allow users link up their BVN to their accounts in very easy steps. After getting to any of GTBank's ATM service centers, insert your ATM Card into the machine like you would when performing any ot...
WorldRemit now compatible with MTN Mobile Money in Rwanda, Uganda and Zambia

WorldRemit now compatible with MTN Mobile Money in Rwanda, Uganda and Zambia

Business, News, Technology: General
WorldRemit announces its partnership with MTN Group which allows customers to promptly send and receive money to any MTN Mobile Money wallets in two East African countries namely Uganda and Rwanda as well as Zambia in Southern Africa. MTN Mobile Money is a simple, fast, affordable, secure, and convenient way of sending payments, transferring money, and doing online transactions using your mobile phones. You can also send and receive money, pay bills, buy and pay insurance, pay for airline tickets, pay employee salaries, and other money transactions. You do not need to travel and wait to send or receive money. You may register using your valid ID and enjoy the ease of using these offers. While WorldRemit gradually joins the cabal of leaders in global money remittances, they have just be...
Why can’t Nigeria have a strong advertising regulatory body like South Africa?

Why can’t Nigeria have a strong advertising regulatory body like South Africa?

Business, Technology: General
Let me tell you what happened in South Africa. Vodacom, one of the biggest mobile service providers in the country, ran a commercial which shows a pastor on his way to a wedding he was scheduled to minister on. Along the way, pastor's car runs out of fuel. Being in a rural area, pastor can't get fuel anywhere close, however, thanks to Vodacom's 4G "coverage" in the area, he was able to connect to the wedding venue and joined bride and groom as husband and wife via video call -- all thanks to Vodacom's 4G coverage in the rural area. The ad enjoyed massive airplay on TV and on the Internet: Now, a user who found the ad non amusing and misleading -- knowing that there's hardly anything like Vodacom 4G coverage in rural areas -- reports the commercial to SA's ASA which  means Advertising Sta
Watch out Youtube and Netflix, Spotify has ventured into video streaming

Watch out Youtube and Netflix, Spotify has ventured into video streaming

Business, Technology: General
Music streaming service Spotify is about to dip its leg into new waters: videos. Online video streaming is a market currently dominated by tech giant Google via Youtube.com, however, when it comes to on-demand TV and shows, US based Netflix makes billions of dollars every year being the industry leader in this market. Right now, it's only a matter of weeks before these two video service providers feel the impact of Spotify in their various niches as the Swedish-based music streaming company looks to introduce video services to its users as well. According to a press release outed last May by Spotify, the outfit has been testing video streaming services since 2015: For the first time, Spotify is adding video clips and audio shows to the music mix. We know there are times in the day you wan...
Venia Business Hub boss Kola Oyeneyin  talks self employment,  work spaces

Venia Business Hub boss Kola Oyeneyin talks self employment, work spaces

Business, Technology: General
Self-employment once considered vaguely disreputable, a term frequently mumbled under one’s breathe and struggled to explain to friends and family has become the largest growing sector in the Nigerian workforce. It has come a long way from the concept of working in pajamas at home to securing small, mid-size or large offices in shared spaces like Venia Business Hub. CEO Venia Group, parent company to Venia Business Hub, Kola Oyeneyin has stated that the new era of self-employment has increased the demand for serviced co-working spaces. “Apparently Nigerians are not waiting for government to create jobs for them, they are creating jobs for themselves and hiring others in the process”, he said. The serial entrepreneur who recently launched his second business hub, a one-of-its-kind full
Stellar.org to come to Lagos, invites entrepreneurs to discuss about open-source software

Stellar.org to come to Lagos, invites entrepreneurs to discuss about open-source software

Business, News, Technology: General
iDEA Nigeria has invited and sponsored the Stellar.org team to come to its office in iDEA Lagos this coming January 29 to discuss the possibilities of open-source payment technologies with financial organizations and entrepreneurs. Stellar.org is an expert in designing open-source payment technology, a free program that has been used by various companies for their financial transactions.  The team's Executive Director, Joyce Kim, will head the team with individual consultations with the business leaders. She will also make herself available for mentorship regarding the open-source's ability to build Fintech products as well as make  payment transactions as easy as sending and receiving emails. Among the other consultants of the event are Sam Altman of Y Combinator, Matt Mullenweg of Word
nHub to empower women and reduce male domination in Nigeria’s tech industry

nHub to empower women and reduce male domination in Nigeria’s tech industry

Business, News, Technology: General
It is a fact that the technology industry is dominated by men and we can even see them everywhere. It is not just here in Nigeria, but it is also the same case all over the world. According to nHub Nigeria, a fast-rising tech center in Northern Nigeria , the reason could be the lack of in-demand skills which is also probably resulting from women's lack of interest in technology. To help empower women, nHub has revealed its plans for them: It is offering scholarships for ten women. The ten women who will be chosen will undergo tech studies and training to enhance their skills and keep up with the rapid advancements in the technology world. The training lasts for three months and those interested about its details are encouraged to send an email to [email protected]
Oracle lawsuit reveals Google has made $31 billion revenue and $22 billion profit from Android

Oracle lawsuit reveals Google has made $31 billion revenue and $22 billion profit from Android

Business, News, Technology: General
In one of the ongoing lawsuits between Oracle and Google, the counsel to the former has revealed a well-guarded secret: Google has gained a profit of $22 billion out of the $31 billion revenue from the sales of its Android products. Google described the amount as "extremely sensitive information" that shouldn't have been publicly disclosed. The search giant has urged the court to edit or remove the transcript from the electronic court records. Google's lawsuit with Oracle was filed five years ago. Apparently, Oracle accused Google of copyright violation regarding its use of Java APIs in its Android without any permission. Google insisted that APIs can't be copyrighted and took the matter further to the Supreme Court. With Google stating that the public disclosure could have negative effe...
Facebook’s Q3 report: Whatsapp reaches 900 million subscribers

Facebook’s Q3 report: Whatsapp reaches 900 million subscribers

Business, Internet, News, Technology: General
Earlier on this website, we reported to you that Facebook posted its earnings for the third quarter and it was pretty impressive, seeing the global giant climb up to 1.5billion monthly users and an average user count of 1 billion subscribers. This figures have successfully made Facebook the most visited online platform by far and has also ensured that Facebook posts an impressive revenue increase of 45%. As if that is not enough, the report has also shown that Whatsapp has not been left behind in the success story too. Acquired by Facebook a little while ago by Facebook for about $16 billion, Whatsapp now boats a total active 900 million subscribers, just a few tens of thousands short of reaching its own 1 billion count likewise. This has made the Whatsapp platform achieve a status of b...
SEACOM to supply Internet and Cloud to businesses in Africa

SEACOM to supply Internet and Cloud to businesses in Africa

Business, Internet, Technology: General
SEACOM is a respected brand and name in the business of providing broadband services. The company recently announced its decision to introduce a new fiber plan which would help businesses (especially the small and medium scale business) connect to the internet, faster and at cheaper rates. SEACOM has done good on its promise now as doors have now been opened to businesses that want the company's fiber plans which offers speed of at least 25Mbps. According to claims by the company itself, the fiber service is capable of attaining a speed of 1Gbps. SEACOM, which is also known for its expertise when it comes to the provision of cloud services, has promised to make sire that its services would be reliable and that it would try to bring them to interested businesses at highly affordable prices...
Facebook clocks a massive 1 billion daily users

Facebook clocks a massive 1 billion daily users

Business, Internet, Technology: General
The official figures for the amount of living persons on earth now stands at a little over 7 billion, and going by Facebook's recent reports over their success in the last quarter, it can be estimated that Facebook gets visited by about one-seventh of the world's total population, and that is a daily record. Releasing financial reports for the third quarter of the year which was closed for business on the 30th of September, Facebook has posted that 1,01 billion active users visited the platform daily. “We had a good quarter and got a lot done," Mark Zuckerberg who is the founder and CEO of the global and giant social network has said of the report. Going by these figures, this means that the Facebook platform saw a stunning 17% increase in the figures of active users which it had previou
E-commerce: Dotcom Zambia raises $500,000 In funding round from Kukula Capita, Others

E-commerce: Dotcom Zambia raises $500,000 In funding round from Kukula Capita, Others

Business
In a funding round led by Kukula Capital and eVentures Africa Fund, a leading Dutch venture capital; Zambia e-commerce giant Dotcom, has raised $500,000. The company plans to use the funds to grow its existing e-commerce business, and also roll out its proprietary digital bus ticketing system in Zambia. Also included in Dotcom’s plan, is to launch in other Southern African countries. The fund, which is a combination of debt and equity, will also help the company to leverage on both VC’s networks. Speaking on the new development, Dotcom Zambia’s Chief Executive Officer Mawrano Kambeu said: "This is the ultimate dream come true for any entrepreneur, with eVA and Kukula on board, Dot Com Zambia has the expertise and financial muscle that will allow us to enhance our operations and grow
Venture Garden Nigeria gets an investment of USD $20 Million from Convergence

Venture Garden Nigeria gets an investment of USD $20 Million from Convergence

Business
Venture Garden Nigeria, a software company providing solutions to governmental organizations and many other companies, has recently received a hefty investment of USD 20 million from Convergence Partners, a premium investment management firm in South Africa. The Convergence Partners Communication Infrastructure Fund is as huge as USD 200 million. The investment is said to be a part of the largest fund for ICT Infrastructure in African continent. In a recent interaction with media, the spokesperson of Convergence Partners said that the investment in Venture Garden Nigeria would further expand their business in Nigeria and many other parts in West Africa. The company has also clarified their move by emphasizing on the point that their solutions are specifically tailored for financial servi...
TalkingBookz gets seed investment for its audio book retail business

TalkingBookz gets seed investment for its audio book retail business

Business, News
The audio book industry in Africa just got a bit more interesting as TalkingBookz, the Nigerian-owned audio books business that was cofounded by Kolapo Ogungbile and Aransiola Damilola got a major boost as Marek Zmyslowski, co-founder of top African hotel booking service, Jovago, planted a seed investment in the startup. Details of the investment were only revealed to an extent but the management mentioned that TalkingBookz currently boosts of about 3000 books in the African and international category available for sale through its portal. The startup has been recently recognized by the Tony Elumelu Foundation as one of the "most promising" enterprises in the e-commerce sector in Africa.