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#FinTech: 10 Best Personal Finance Apps in Nigeria

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Just like in different parts of the world, personal finance apps in Nigeria are capable enough to keep track of your business’ monetary transactions while maximizing the potential of making incentives on the way.

In a country that’s slowly catching up with digital trends, the citizens, who in search of money, have resorted to less prominent ways of making money and transacting business. The ease of setting up and running a profitable business is beginning to get better.

To make it much better, smart Nigerians have invented much better ways of facilitating business, carrying out financial transactions, or online money-making by creating suitable platforms to enable better businesses and most importantly, a good financial life.

Enter Fintech apps in Nigeria!

Today, I’ll be sharing the best 10 personal finance apps in Nigeria to take your finances to the next level. I’ve made more money by utilizing these apps. The good part is that they’re all available on your favorite app store, whether Android or iOS.

Before we dive in, kindly note that this post and the contents therein is not financial advice. You’re solely responsible for transactions or investments carried out on any of the apps below.

While this post stands to inform you, I also advise you to carry out proper research before making any investment or carrying out any transactions.

Now that we understand each other, let’s explore the top Fintech or personal finance apps in the country.

Best Personal Finance Apps in Nigeria – (Fintech apps)

1. Piggyvest

One of the best personal finance apps in Nigeria, Piggyvest is all you need to take your saving to another level. So basically, Piggyvest is a high-interest saving account that gives you more incentives than what you get from your commercial banks.

Piggyvest comes with many savings packages with interest rates ranging from 7 – 13% per annum. The Safelock feature lets you lock out funds for a long time. A similar thing applies to the Target Savings feature where you can incentivize your savings plan by setting a target.

These are two of the best saving plans on the Piggyvest platform but there’s more to it. You also get an investment option right at the heart of the app. With Piggyvest, you just can’t go wrong. Plus it’s got one of the best-looking designs which makes it much better looking and fun.

The best part of this app is that, you’ll be rewarded N1,000 if you join now and start saving money.

…and If you invite 1 person to use the app just like you, you will be given another N1,000 as referral commission. If you invite like 10 people, how much will Piggyvest give you as reward? Do the math yourself.

Note that the main purpose of this fintech app is to help you save and invest wisely, the referral bonus should be taken as ‘bonus’.

Click here to start using Piggyvest now!

2. Barter (By Flutterwave)

We all know Flutterwave, at least you should if you’re conversant with online payments over the last couple of years. But this is Barter, a really useful app for carrying out payments.

Paying for online services has never been this easier. Barter breaks the barrier of the dollar spending limit on Naira’s debit card. Its flagship feature is the ability to create and use Virtual Cards (especially dollar cards).

With Barter, you can pay for your favorite online services like Spotify subscription, Apple Music, and a host of other services. It cost just $2 to create a fully-functional dollar card, while $4 will give you a working Gift Card. 

Do check out Barter as a host of other amazing features awaits you on the app.

3. Bundle

Though they’ve been other cryptocurrency service providers in Nigeria, in just a short period, Bundle has taken the crypto space by storm. 

This is one of the best personal finance or fintech apps in Nigeria that lets you buy and trade in your favorite digital currencies with ease.

With as little as N1,000 you can state making from some crypto money from Bundle. The charges, as compared to other providers, are relatively cheaper. Plus, you also get your favorite cryptos like BTC, BNB, ETH, Doge, TRX, and more.

Bundle also lets you save in your favorite stable coins and earn some cool interests. There are Fixed and Flexible saving options to also make money.

Bundle is still in its early days, but with many subtle improvements in recent times, we can only expect nothing but the best in the coming years.

Click here to Join Bundle for FREE!

4. Invest Bamboo

Up until recently, there’s been this belief that it’s practically difficult to invest in the stock market due to its accompanying complexities. Well, that’s in the past and left for historians to add that to their history books. 

With the Bamboo app, investing in the stock market (U.S. Stocks) has been made much easier.

Bamboo allows you to earn commissions by investing in some of the top U.S. firms like Apple, Tesla, Google, and more. 

The app also features a watchlist to keep track of your favorite stocks. In the same light, you also get the latest news, information, and educational materials on better ways to grow your stocks. It’s another nice app to add to streams of income.

5. BuyCoins Africa

With cryptocurrency going mainstream in Nigeria, more and more service providers are springing up to make digital currencies more accessible to Nigerians. And this is where BuyCoins comes in!

BuyCoins_Africa is a traditional cryptocurrency app that allows Nigerians to buy, hold, and sell their favorite cryptocurrencies such as BTC, ETH, LTC, USDT, USDC and NGNT. 

A good thing about the Buycoin app is its ease-of-use. Even a newbie will go through the numerous functionalities available on the app. To get the full benefits of the Buycoin app, you’ll need to provide valid documents such as BVN for verification purposes.

The best thing about Buycoin is the Peer-to-Peer (P2P) trading!

While it’s quite difficult for some exchange and trading platforms to quickly adapt to the CBN bans on Cryptocurrency in Nigeria, Buycoins is among the top platform that has been supporting P2P trading in Nigeria.

Asides the P2P trading, you can also use Buycoins’ sister app, SendCash_Africa to receive payments, especially freelancers who offer services to non-Nigerians. Your location shouldn’t be a barrier. You can add crypto as an option for receiving payment.

6. Kuda Bank

Digital banking is slowly becoming a trend in the Nigerian financial system. And Kuda Bank is at the forefront of it all. 

Also known as the ‘Bank of the free‘, Kuda is changing the way we carry out banking activities and this is why it is first banking app to make the list of this best personal finance apps in Nigeria.

Unlike what we have with conventional commercial banks, Kuda Bank is free of SMS alert charges, card maintenance fees, and other fees that we usually pay on using these banking services. 

Kuda also offers advanced levels of security to safely use your account. And as an extra, freelancers can easily receive their Payoneer funds by linking to their Kuda account.

The best part?

You don’t need to visit a physical office to own an account, you even get a free debit card once you open an account.

use “XN566F1L” to Join & Click Here to Start Using Kuda Bank Now

7. VFD Microfinance Bank

Not entirely a virtual bank, but VFD Microfinance bank does provide services in tandem with digital banks. VFD is quite new but has gained traction in just a few years of launching, and was even endorsed by Don Jazzy. 

VFD Bank provides all the financial services you also get from other commercial banks. No arrant charges, all transactions are almost free except what is beyond VBank’s capability such as the cardless withdrawal services and cable payment.

But the good thing is: you cut your losses on flimsy charges which you get from these other banks. But there’s more. VFD Microfinance finance bank also gives you wonderful interest on your savings if you choose to. 

You also get access to various loans like employee, travel, secured, or unsecured loan, if you meet the requirements. The mobile app also lets you pay for bills, flights, TV subscriptions, and many more. It’s a complete banking package you can’t resist.

Use this code “N8AXD” to Join VFD (VBank) Today & Start Enjoying Good Banking Transactions!

8. Chipper Cash

Making cross-border payments hasn’t been this easy. With Chipper Cash you can easily chip your friends, relatives, and business partners across Africa. You earn commissions for carrying out transactions. 

You also get to pay bills without any charges. Plus you get to make transfers across different African countries including Nigeria, Uganda, Ghana, South Africa, Kenya, Tanzania, and Rwanda for free. 

To earn more, you can join their referral program to earn commissions as friends join and use Chipper Cash via your link.

9. Trove

Trove is quite similar to the Bamboo app I shared above. Trove is much robust in the sense that it lets you invest in both U.S. and Nigerian stocks. The app interface is pretty neat and categorizes everything into the right sections for easy navigation.

Trove will give you tips, news, and more about the stock market. There’s also a section on the app where you get to see the trending stocks to invest in, plus the latest news on your favorite stock.

Trove makes it easy to trade stocks and also earn commissions in the process. 

10. Rubies Digital Bank

Rubies is a fully digital bank that lets you carry banking activities right from the comfort of your smartphone without having to visit a physical bank.

With Rubies, you can pay your bills, buy airtime, and pay for services on your phone. You can also create a savings plan to gain more interest on your savings.

One feature to watch out for is Rubies’ flat fee of N10 for all transfers, no matter what amount. If you are into the digital side of banking – which you should – then you should try out Rubies today.

Personal Finance Apps in Nigeria – Are they worth using?

If you choose to make some extra money, then you should check them out. But as you do, please carry out extra research before investing in any of the above platforms. Feel free to share other platforms you use for personal finance. 

Also, feel free to share your experience with any of the apps listed above if you’ve tried them. 

So, there you go – the top 10 personal finance apps in Nigeria.

Stephen is a frontend developer, WordPress expert, SEO manager, and Blogger. He manages this blog on a part-time basis as he's keen on writing code and helping business owners to get more from their business online. You can hire him to help you design a website, promote your songs, run effective social media ads, manage your website or teach you what he knows. Contact him here: on WhatsApp or check him on on Linkedin

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Business

GIG Logistics Branches and Location (Addresses) in Nigeria

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GIG Logistics by GIG Mobility is one of the leading logistics companies in Nigeria due to the company’s mode of operation. Delivery is fast and the fee is not as expensive as other competitors.

If you’re trying to ship your stuff across the country, or to other countries like in Africa, the USA, the UK, etc., GIG Logistics can be your sure plug.

But as a new customer, you may not know how to contact them. The good news is that you can do more with the company via their website (giglogistics.com). 

But in case you need to visit one of their branches very close to you, and you don’t know where to go, I will be covering that in this blog post.

RELATED: How to Start A Successful Logistics Business

Important Notice: In case you don’t find your city on the list, don’t panic. GIG Logistics can still deliver to you but you may need to contact them via email or telephone call if you’re the one sending.

If you’re not sending but receiving, you don’t need to stress yourself, just be available when it’s time for delivery.

GIG Logistics Delivery Vans

GIG Logistics Delivery Vans

You can easily click on your state in the table of content below rather than scrolling and scrolling till you miss what you’re looking for.

Here are the locations;

GIG Logistics branches and location in Nigeria

  • GIG Logistics Head Office in Nigeria

GIG Logistics Digital Hub. No 1 Sunday Ogunyade Street, Gbagada Expressway, Beside Eterna Fuel Station, Gbagada Lagos, Nigeria.

  • Abuja (FCT)

Garki

SICCONS PLAZA, Opposite Unity House, Beside Lifemate Furniture, Garki Area 11

Gwarimpa

House 38, 3rd Avenue Gwarimpa, Opposite Union Bank Abuja.

Gwagwalada

No 10 Ajibade plaza beside okay Japan Electronics.Park Road Gwagwalada .

Kubwa 1

Block, 43, Gado Nasko way, opp 2/2 Court Kubwa.

Kubwa 2

Opposite Ignobis hotel plot 17 Gidin dutse layout, kubwa.

Utako 2

Abraham Plaza, Suite A13 Plot, 6 A.E. Ekukinam St, Utako Abuja

Wuse 2

80 Aminu Kano crescents opposite Sherif plaza beside Wema Bank Banex wuse 2

Maraba Experience Center

No 132 GIZA PLAZA OPP CHRISGOLD PLAZA BESIDE MTN OFFICE MARARABA

Madalla

Madalla by Mobil, along Abuja – Kaduna Express Road.

Utako 1

Plot 113 I.V.W. Osisiogu Street, beside Utako Police Station Utako Abuja.

Zuba

206, Zuba Market, Opp. Lagos Line, Zuba

  • Lagos State

Alaba International

Cs1 Ground Floor Corner Stone Plaza By Dobbil Avenue Along Phone Village Road, Electronics Section Alaba International Market.

Ajah 1

KM 25, Lekki-Epe Express way, Ajiwe-Ajah.

Ajah 2

KM 22, Lekki-Epe Express way, Opp. Jeffrey’s Plaza, by Abraham Adesanya Roundabout, Ajah.

Akowonjo

41 Shasha Road, Akowonjo Junction, Dopemu, Lagos.

Awoyaya

Km 36, Lekki-Epe Express Way, by Ogunfayo Bus Stop, Eputu, Awoyaya Lagos.

Cele Okota

103, Okota Road, Cele.

Festac

1st Avenue Road, Festac first gate, besides INEC office, Festac town, Lagos.

Gbagada

7, Hospital Rd, Ifako, Gbagada, Lagos.

Gbagada Express Center

GIG Logistics Digital Hub. No 1 Sunday Ogunyade Street, Gbagada Expressway,Beside Eterna Fuel Station, Gbagada Lagos

Ikeja

9, Medical Road, former Simbiat Abiola Way, Opp, Zenith Bank.

Ikoyi

103 Awolowo road, Ikoyi Lagos.

Ikosi

16 Ikosi Road, Ketu Lagos.

Ikorodu

Sabo Road Garage, Ikorodu.

Ikotun

29, Idimu Road, Opp. Local Govt, Council, Ikotun, Lagos.

Ilupeju

13C Ilupeju Byepass, Ilupeju, Lagos.

International trade fair

Shop D77 & D78, Abia Plaza, BBA, Lagos Int’ Trade Fair Complex, Lagos.

Ipaja

164, Lagos Abeokuta Express Way, beside Diamond Bank, Lagos.

Jibowu

20 Ikorodu Express Road, Jibowu, Lagos.

Lekki Admiralty

No 1A, Wole Ariyo Street, Beside First Bank, Lekki Phase 1.

Lekki Admiralty 2

Jubilee Mall Admiralty Way, Lekki Phase One, Lekki.

Lekki (Fola Osibo)

Ground floor Legends Place Mall Plot 29 Fola Osibo Lekki Phase 1, Lagos.

Igbo Efon

Km 17 Scapular plaza Igbo efon.

Old Ojo Road

Old Ojo Road, by Police Station Lagos.

Ogba

3 Ijaiye Road, Beside FCMB Ogba.

Opebi

62 Opebi Road, Ikeja Lagos.

Oyingbo

No 25 Otto Causeway Opp Iddo bus top, Iddo Ebute Metta Lagos.

Sango

3, Abeokuta – Lagos Expressway, Sango Ota, Opp. Sango Bridge.

Surulere

26, Adeniran Ogunsanya, Surulere, Lagos.

Volks

169, Badagry Expressway, Volkswagen Bus Stop.

Victoria Island

1436 Sanusi Fafunwa Street, Victoria Island, Lagos.

Yaba

Tejuosho Ultra Modern Market, Ojuelegba Road, Yaba, Lagos.

Epe

Animashaun Plaza, Beside Petrocam fuel station, Near Epe T-junction, Epe.

Isolo

43, Osolo Way, Ajao Estate, Ekwu Awolo House.

  • Abia State

Aba

No 5 Asa Road Former/Old Nitel Building Aba

Umahia-1

8 Mission Hill, Opposite Villaroy Hotel, Umuahia Main Town

Umahia-2

No 60 Aba Road, Close to MTN Office at Aba Road, Umuahia.

  • Adamawa State

Yola

Plot 2 Bekaji Plaza, Bekaji Karewa Road, By Fire Service Roundabout, Jimeta Yola.

  • Ekiti State

Ado Ekiti Center

Soladola petrol station, beside Apc secretariat, opposite moferere junction, along ikere road, Ajilosun

  • Osun State

Osogbo

Ogo Oluwa Bus Stop, Gbangan / Ibadan Road, NIPCO Petrol Station, Osogbo.

  • Imo State

Owerri

Plot C31, Relief Road, by Relief Junction, Off Egbu Road, Owerri.

  • Niger State

Minna

Landmark: After Mr Biggs beside Nepa Office, Farm Center Area, Tunga, Minna – Niger State.

  • Benue State

Makurdi

No 4 Old Otukpo Rd, Opposite Dester’s by Savannah Roundabout.

  • Kogi State

Lokoja

No 1 IBB Way, Adankolo, Lokoja, close to Federal Medical Cente

  • Nassarawa State

Lafia

Shops 1 & 2 Police Officers Mess, Opposite Polaris Bank, Jos Road, Lafia.

  • Kebbi State

Birnin Kebbi

Ahmadu Bello Way opp alhaji boye coca cola Depot Birnin Kebbi, kebbi state.

  • Katsina State

Katsina

Shema Plaza Ground Floor, Mani Road, by W.T.C Round-About, Katsina State.

  • Kano State

Kano 1

No 1 bompai road by Tarawa Balewa way, Opp Grand Central Hotel Kano.

Kano 2

Centro Plaza, Opposite Buk Old Site, Kabuga, Kano.

Kano 3

No 32 Zoo Road, Opposite Shoprite, Kano.

  • Kaduna State

Kaduna 1

8 Ahmadu Bello Way, Off Kastina Roundabout, City Plaza, Kaduna State

Kaduna 2

Lagos Garage by Airforce Mami Mando, Kaduna State.

Kaduna 3

Nnamdi Azikiwe Expressway by Command Junction, close to Samrada Fuel Station (beside 911 bakery).

Zaria

Dairu Garba Plaza, 18 Sokoto Road, MTD Junction By Nnpc Filling Station, Sabon Gari, Zaria.

  • Plateau State

Jos 1

Plaza 1080, Yakubu Gowon way, Dadin kowa second gate.

Jos 2

Angwan Soya Zaria Road bypass, Opposite Jankwano Bingham University Teaching Hospital.

  • Jigawa State

Dutse

Government House Round-About, Asamau House Block B, Number 8, by Airtel Office, Dutse, Jigawa State.

  • Taraba State

Jalingo

32 Hammaruwa way. Besides former Kashere Filling Station Jalingo.

  • Oyo state

Ibadan 1

Town Planning Complex, by Sumal Foods, Ring Road, Ibadan

Ibadan 2

Suite 5, Kamal memorial plaze, former iyalode complex, opposite funcktionals clothing, bodija – UI road, UI Ibadan.

Ibadan 3

No 76 Opposite Arisekola Mosque Iwo Road Ibadan.

Ogbomosho

NNPC Mega Station, Opposite Zenith Bank, Star Light, Ogbomosho, Oyo State.

  • Kwara State

Ilorin 1

190, Ibrahim Taiwo Road(Upper Taiwo), Opposite Primo Pizza / Chicken Republic, close to new Wema Bank, Ilorin.

Ilorin 2

No 1 Umar Audi road, Fate Road, Tanke GRA, besides Hotels Mirabilis. Ilorin.

  • Enugu State

Enugu 1

7, Market Road, Holy Ghost Park, Opp. State Library, Ogui, Enugu.

Enugu 2

67, Zik Avenue Uwani Enugu.

Nsukka

No 64 Owerrani, Enugu Road, Nsukka.

  • Edo State

Uselu

202, Uselu Lagos Road, Ugbowo Benin City.

Akpakpava

112, Akpakpava Road, Benin City.

Airport Road

Shop 1, Omegatron Plaza, 47 Airport Road, Benin City.

Ramat Park

42, Benin/Agbor Road, Oregbeni, Ramat Park Benin City, Edo State.

Auchi

Okene Express Way, Opp Auchi Polytechnic, Auchi.

Ekpoma

Ukpenu Road Opp. Grail Message Centre, Akahia, Ekpoma.

  • Delta State

Asaba 1

Asaba Onitsha Expressway, By Head Bridge.

Asaba 2

445, Nnebisi Road, opposite Zenith Bank, Asaba.

Asaba 3

SUIT 53/54 INDEPENDENCE MALL OKPANAM RD, ASABA.

Warri 1

138, Effurun-Sapele Rd, by Airport Junction Warri.

Warri 2

116, Effurun-Sapele Warri Road, Effurun Opp. Our Ladies High School.

  • CrossRiver State

Calabar

29 Ndidem Usang Iso Road ( Aka Marian Road) Calabar.

  • Bauchi State

Bauchi

Shop 7, Yandoka Road, Adjacent MTN office. Opposite First Baptist Church, Bauchi State

  • Bayelsa State

Yenagoa 1

Kpansia Epia, Opposite Wema Bank by INEC Junction, Yenogoa

Yenagoa 2

Pam House, Tamic Road and School Road, Okutukutu By Isaac Boro Expressway, Yenogoa

  • Anambra State

Awka

Elite Shopping Complex Opp Crunchies fries, Enugu/Onitsha Expressway, Awka

Onitsha

2 Awka Road, By DMGS Junction, Beside All Saints Anglican Cathedral, Onitsha

Nnewi

No 73 – Owerri Road, Martina Chukwuma Plaza (Innoson Plaza), Opposite The Salvation Army Church, Umudim Nnewi

  • Akwa Ibom State

Uyo 1

3, Monsignor Akpan Avenue, Itam industrial layout, opp Timber Market, Itam.

Uyo 2

No 108 Oron Road, beside the First bank, Uyo.

  • Ondo State

Akure Center

No 22 Oyemekun Road by Cathedral Junction Akure

  • Rivers State

PHC Choba

LACFOG PLAZA Adjacent Choba Police Station East-west Road Choba PHC.

PHC Woji

No 118 Off Woji GRA, Same Building with Miskay Boutique By Bodo Junction, Port Harcourt.

PHC Stadium

No 9 Stadium Road, Beside Benjack, Port Harcourt

PHC Artillery

Cocaine Village Junction, Off Aba Rd, opposite Genesis, Rumuogba, Port Harcourt.

PHC Peter Odili

No 89 Peter Odili Road Port Harcourt.

PHC Ada George

No 18 Ada George By Okilton Junction, Port Harcourt.

  • Sokoto State

Sokoto

3/4 Maiduguri Road Gawon Nama Area

  • Zamfara State

Zamfara

C 1, A A Master Plaza Canteen Road Gusau.

======================================================

This is the complete list of GIG Logistics and their location in Nigeria. If you have any questions regarding GIG, kindly contact them directly. You can see how to contact them via their website at https://giglogistics.com

If you want to ship an item from the USA stores like Amazon, eBay, etc., to Nigeria, you can read my guide on how to ship with Heroshe Logistics.

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Business

7 Super Professional Tips to Build a Successful Business in 2022

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It is a new year and you’ve been thinking of how you can build a successful business but don’t know how or where to start. Let’s talk about that and see if you’ll learn something, or be inspired.

Some businesses fail because they’re following old blueprints which no longer work effectively to build their startup.

We’ve learned a lot between 2020 and 2021, and we’ve seen how businesses are affected by the ongoing Corona Virus pandemic. But ideas to start or build a business are waxing stronger in us, how are we going to bring these ideas to reality?

But is 2022 the right time to start a business?

Yes, it’s never too late to start a business in 2022 and you are still going to see rapid growth if you put in all the efforts.

Regardless of the Coronavirus and its variants, you’ll agree with me that starting and building a business these days is easier compared to a few years ago as a result of technology and more investors who’re ready to provide capital for a futuristic business plan.

According to a report, investors spent more than $140 billion to support startups in 2017 and the figures have increased ever since then till date. This shows how people like you are creating something or a platform that solves a ‘problem’ and how people are ready to support it. 

If you’re also planning to launch your startup, you’re welcome, it’s never too late to be phenomenal.

Aside from investors who’re ready to invest, you don’t necessarily need to build your business by renting a big hall or apartment for office use, thanks to COVID-19, you can gather your team and work remotely, while you’re saving a lot of money that will go into office setup.

If you have a good business plan or startup idea and you’re worried about what to do next, the following tips will help you get started;

7 Tips to Build a Business in 2022

#1. Do Your Research and Understand Your Mission

You see, a lot of people see other people building stuff and they got jealous to build something too – this is a wrong motivation to start a business. 

You have to think clearly about what you want to do, you ask yourself: “In what way(s) can this idea or business help people?” – emphasize “help people”.

If you want to start a fashion design company, do your research thoroughly and understand that you’re about to build a type of business some people have built already. So, how are you planning to get better and beat your competitors?

For instance, can you think of a unique fashion trend and dominate it for the long term? If yes, what fashion trend and how can you hit the market with your idea?

You have to plan all these, you just don’t voluntarily jump into the ocean without knowing if it’s safe or not. If it’s not safe, then how are you going to survive?

#2. Get a Team Members with Common Goals

The spirit of being the CEO and (sole) founder is part of what’s killing some businesses and startups to date. I’m not saying you can’t build a business alone, you can! But you can’t survive alone. If you survive alone, you won’t go far alone.

Build a Successful Business

People (Team) Working Together – Credit: Pexels.com

You have to understand this concept. If you read about big business builders in the world, you’ll notice one thing that’s very common to them – they don’t build alone! 

Bill Gates, Mark Zuckerberg, Elon Musk, etc., will tell you that they called their friends when they were about to start their company. Why? It’s simply because they need teammates who can work with them to achieve their primary and respective goal(s).

The reason is simply that if one is falling, another person will lift him. And this boils down to you looking and calling the right people to join you or else if you fall, that’s the end of the business.

So look for the right people in your circle, during meetups, on social media, share the business idea with them and be patient to see those who’ll be ready to join you.

Getting team members here is different from hiring people. You have to look for someone or some people who’re ready to take ownership of the business and work diligently.

They can in turn be your co-founder, CTO, etc… Just make sure you’re careful and patient enough to see someone with the same common goal.

#3. Start Building with the Little You Have:

You know the type of business you want to build and you have someone or some people who are ready to work with you. The next thing is to start building that business with the little resources you have.

The mistake most people make is that they’re waiting for the “perfect time” and that time translate to when they have sufficient money to invest in the business. The truth is that that perfect time won’t come unless you start now.

And I will like to say this if you’re starting a new business but you don’t have money to invest personally, you’re still not going anywhere. It’s either you get a job, make money and come back to that idea or, you sell the business idea to someone else.

The bottom line is that you have to start from you, even if you will need investors to inject capital into your business, you have to show them something – your ideas + efforts.

#4. Create Good Information and Communication Flow

As part of what you’re starting with, is how you can bridge the communication gap between your business and your target audience (investors included). That’s why you need to invest in creating that information and communication flow.

This is not a big deal at all, you just need to create an online presence for your business by getting a website, getting on social media, and investing in Email marketing or CRM tools.

If you can’t build the website yourself, you can hire freelancers to get the job done for you, there are free email marketing tools like MailChimp that you can get started with. You can hire an expert to manage your business’s social media handles for you too. The person will be in charge of content creation, posting, and attending to comments.

Having a website is very important, if it’s just a landing page, do it and let people know about your business from there and use your social media handles to keep telling people about your mission, not that loudly tho.

#5. Start Expanding the Business

You’ve tried a lot, but it’s not the time to relax. It’s time to start thinking of expansion. I mean expansion at all lengths.

If you launch your business to focus on people in Canada and they accept it with open hands, it’s time to expand to New York, and then to Paris, to Africa, etc.

In your team as well, you need to have some people who will be in charge of marketing, human resources, engineering, international relation, legal, and many departments within your company.

With great power comes greater responsibility, the more you’re growing, the more you should expand.

But what if your company can’t afford to hire people you need to run the business as you’re thinking of expanding, is that the end? No, it’s not!

#6. It’s time to Seek Business Funding

This is not a must if your business can afford to finance itself, but I bet it can. As a startup that’s at the entry or expansion stage, you need money to take care of a lot of things and some people are ready to provide that money!

There are people called Angel investors and some are called Venture capitalists, these people are in the business of investing in other businesses to make a profit. No money is too big to invest for VCs as long as your company’s evaluation is also big.

If you think your business need funding, kindly check this blog post on how to get one for your business.

#7. Don’t Stop Expanding; Invest More in Your Business

You’re not there yet. Start investing more in advertising, your team members, think of innovation and, acquire other related small businesses.

Just don’t stop growing!

I hope these tips will help you start that business in 2022 and I believe you can conquer the world, don’t worry, start today!

If you love what you just read, kindly consider subscribing, and don’t hesitate to use the comment box below to let me know your feedback.

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Business

MTN’s IPO: How to Buy MTN Shares with less than N50,000

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Here is your time to shine, you can now buy MTN shares and join the leagues of MTN shareholders in Nigeria.

Nigeria’s telecommunication giant, MTN Nigeria recently announced the selling of 575 million of its shares to the public on Tuesday, November 30th, 2021. Just in case you don’t know what “shares” is, let’s me quickly tell how it works;

What are Shares?

Share simply means a percentage of ownership in a company. Those who hold these shares are called “shareholders” and you can also call them “investors”.

What that simply means is that, let’s say you buy MTN shares, you have a percentage of every percentage of the company. If the stock rises, your share rises and vise versa.

How Shares Work?

The more shares of a company you’re holding, the more decision-making power you have in that company and the more your profit if the company is performing well.

Let’s say you buy 250 units of MTN shares at the rate of N169 each, which is N42,250.

And luckily, MTN stocks jump to x10, that’s also N42,250 x 10 for you. You’ve made N422,500!

That’s just the simple idea, if you know how FOREX, stocks, or cryptocurrency work, you have the idea of how Shares work also.

But you don’t need to panic because MTN Nigeria is leading and doing well in Nigeria, investing your money to buy from their shares will be a good return on investment (ROI) for you.

…and this is a golden opportunity if you’ve been looking for where to invest your money.

Right in this blog post, I’m going to share with you how can buy these MTN shares easily and answer a few things you may want to know. But let’s start with the eligibility and requirements;

Eligibility and Requirements to Buy MTN Shares

1. You must be 18 years old and above – No minors *(-_-)*
2. You need a Bank Verification Number, BVN
3. You need a CSCS (Central Securities and Clearing System) account
4. You must behold the shares for at least 12 months, if you can’t let your money work for you in 12 months, don’t even try buying.
5. You must be able to buy a minimum of 20 unit shares, while the maximum is 250 units.

Buying MTN Shares: Other things you need to know

  • The general public can buy the MTN shares from December 1 to December 14, 2021 (just 2 weeks)
    The MTN share offer will be priced at N169 per one unit
  • The minimum amount you’ll invest (for 20 units) is N3,380 and the maximum (250 units) is N42,250
    Your stockbroker or a certified Momo Agent can help you
  • Visit https://mtnoline.com/PO in case you need help

Now, let’s talk about how you can buy MTN shares before the deadline!

How to Buy MTN Shares in Nigeria

There are two ways to buy the shares, you can buy through;

1. PrimaryOffer
2. MTN MoMo agents

  • Buy MTN Shares with PrimaryOffer

PrimaryOffer is a service (or product) by NGX exchange where you can buy new public offers like this MTN share. Here is how to buy your MTN shares on PrimaryOffer:

– Visit www.primaryofferng.com and click on “Get Started”
– Click on “I am an individual investor” if you’re buying for yourself
– You’ll land on a page with MTN branded banner at the top, but click on “Create an Account” to get a PO account
– Put your BVN number and correct date of birth
– Click on “Continue”
– On the next page, your primary data would have been generated from your BVN, fill out the remaining data such as “email address”, “your mother’s maiden name” etc.
– Click on “continue”
– Verify your OTP: check your email address to get the code
– If you do that correctly, your account will be verified and the next thing is to login
– Login with your email address and password

Finally, buy the MTN shares!

After you log in to your PrimaryOffer account, you will see the only shares available (MTN shares), click on the MTN logo, it will load to open a new page.

– Scroll down and put in the unit of shares you want to buy. Note that the minimum is 20 and the maximum is 250
– Check the agreement and conditions, and
– Click on “continue”
– CSCS account will be created for you, but you need to complete it manually on the next page by filling in one of your bank details
– Click on “update Bank”
– Continue to complete all necessary stuff such as uploading a proof of address, your national ID card, and your signature.
– You can as well complete your social profile
– If you’re done with that part, go back to offerings to buy the MTN shares.

Important Notice: You can also use the PrimaryOffer mobile app to do all these things.

ALSO CHECK: How to Invest in Treasury Bills in Nigeria

That’s the first method of buying MTN shares in Nigeria.

  • Buying MTN Shares with Receiving Agents

Just in case the steps above are too technical for you to do, you can use a receiving agent and the person will do all the hard work for you.

Receiving Agents you can use:

1. MTN MoMo Agents

MoMo agents have received training on how to help people buy MTN shares. So you can visit any MoMo agent close to you and they’ll help you out.

2. A Stockbroker

Stockbrokers are professional, if you see one, ask them for help but be careful and make sure you use a trusted broker.

So, that’s how to buy MTN shares in Nigeria.

Summary: How to Buy MTN Shares in Nigeria

– You can buy MTN shares for as low as N3,380 and the highest you can buy is N42,250
– The best way to buy MTN Shares is through the PrimaryOffer’s website or mobile app
– The public sale of MTN Shares will end on December 14, 2021 (Maybe this will be extended, I don’t know)

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