Reading Time: 3 minutes Lots of explanations have been given about the escrow process and how important it is but some people are still not quite sure as to whether or not escrow is what they need for their transactions. We all need escrow services at one point or the other in our transactions Read more…
Reading Time: 2 minutes Online shopping has become a hobby for me and nothing has given me more satisfaction than searching for my needs online and getting them delivered to my doorstep. In fact, I have gotten so accustomed to buying online that I would gladly drive by stores, do some window-shopping and then Read more…
Reading Time: 3 minutes With everyone always looking for an easier way to do things, businesses and finance areas have recently been penetrated by the use of Fintech. Hardly will there be any conversation bordering around finance, banking and business transactions that the mention of Fintech will not come up. What is Fintechs? In Read more…
Reading Time: 2 minutes In simple terms, Escrow is when a third party holds funds until the provider of services or Seller, and the Buyer (receiver of the services) reach an agreement and are satisfied with the terms of the deal. For example, Mr. A sees an the profile of a freelance copywriter online Read more…
Reading Time: 2 minutes Online marketplaces like Fiverr, Jiji, Jumia, and Konga along with social channels like Facebook, Instagram and WhatsApp have made digital commerce a lot easier for buyers and sellers in Africa. However, one friction point that still exists is in the payment processes across these platforms. Typically, most marketplaces allow sellers Read more…
Reading Time: 3 minutes Instagram is one of the most popular social networks in the world, especially among youths. As of July 2019, there are 5.6M Instagram users in Nigeria, most of which are are aged 18-44 and 80% of all Instagram accounts follow a business profile. Furthermore, 60% of Instagram users find new Read more…
Reading Time: 2 minutes Does this sound familiar? You spend your time and money to meet a client at a bar, discuss their project, slave away to meet their deadline, only for them to “ghost” you when it’s time to pay!. You’ve sent invoices, texted, called, emailed and even threatened to take down the Read more…
Reading Time: 2 minutes How to buy or sell with Escrow in Nigeria Let me guess; you saw an item online that you really like. You’re ready to purchase it but here comes the skepticism; you’re not sure the item will actually be as described or if it will be delivered at all once Read more…
Reading Time: 3 minutes In a country with a growing rate of access to the internet, Nigeria boasts of at least 10 new businesses springing up everyday online. By this I mean, not physical shops, just businesses that exist purely on social media platforms like Instagram, Facebook and Twitter. Some even go the extra Read more…
Reading Time: 2 minutes Online marketplaces seem to be all the rave right now. Essentially, a good marketplace gives buyers a range of choices in what they would like to buy, as well as giving sellers a variety of people to sell to. Entrepreneurs and freelancers in Nigeria have been able to circumvent the Read more…