The Nigerian government is exploring avenues to probe some digital loan apps over what has been described as alleged sharp practices and abuses. The House of Representatives has mandated its Committee on Banking and Currency, Financial Crimes and Telecommunications to commence investigation into operations and loan administration of the fintech …
Read More »CBN Spends ₦800 Billion On Currency Production, Destruction
The Deputy Governor, Financial System Stability, Central Bank of Nigeria, Aisha Ahmad, has said the amount spent on maintaining the naira has increased by N10bn annually. Ahmad, who revealed this on Friday during her appearance before the House of Representatives to defend CBN’s new cash withdrawal limits policy, attributed over …
Read More »Money laundering: ”Man is not God”- Doyin Okupe tweets after paying N13m fine to escape 2-year jail term
A former Senior Special Assistant to ex-President Goodluck Jonathan, Doyin Okupe, has paid the N13 million fine slammed on him on Monday, December 19, by a Federal High Court in Abuja after he was found guilty of receiving over N200m cash from a former National Security Adviser, Col. Sambo Dasuki (retd). …
Read More »EXPLANATIONS ON THE CBN 20K POLICY – Johnson Andrew
Try to understand issues before you critique it. It is about cash withdrawals.You can transfer billions if you like.You can spend millions if you like.But it must be trackable.Use chequeUse transferUse PoSBut you must not have more than 20k cash with you. Imagine if robbers now know they can’t get …
Read More »Black Market Exchange Rate Depreciates To N800/$1 On 16th November 2022
The exchange rate between the naira and the US dollar fell further for the second day in a row on Wednesday, 16th November 2022, closing at N800/$1. The exchange rate depreciated by 2.56% in contrast to N780/$1 recorded at the close of trading on Tuesday. This is according to information …
Read More »FTX Hacked : Money In Accounts Stolen
“Meltdown Being Tracked Real-Time”: Elon Musk On Reports About Crypto Exchange FTX Hacking The Bahamian cryptocurrency exchange FTX has announced that it has been hacked and advised users not to install any future updates and to remove all FTX apps According to the report, more than $600 million in cryptocurrency reportedly …
Read More »New naira notes: Banks get N52b cash deposits in two weeks
About N52 billion cash has been deposited into banks barely two weeks after the announcement of plans by the Central Bank of Nigeria (CBN) to redesign some naira notes. There were indications that the deposit sum may increase in the next few days because it is suspected that about N3 …
Read More »CAL-103 How can users increase agency revenue, For Agents and Advance Users
encourage team members to activate higher-level robots. The income of high-level robots is several times or even dozens of times that of low-level robots. Team members activate higher-level robots and not only will their robots earn more, your agent income will earn more too. Subordinates use 3# robots to create …
Read More » CALA AI TECHNOLOGY
COURSE : CAL-102
Precautions for using the ROBOTS for the Beginners
PRECAUTIONS FOR USING THE ROBOTS FOR THE BEGINNERS If you only want to buy 1 robot, please do not click Pay repeatedly when purchasing a robot. Click 1 time to buy 1 robot. If you click repeatedly, multiple robots will be purchased, which will eventually lead to insufficient balance in …
Read More »CAL-101 What is compound interest? Carla Tutor By MR Charles
Compound interest investment, simply understood, is to deposit the profit or interest earned from your investment or deposit into your principal, and let it continue to help you make money; Simple interest investmentSuppose you deposit $1000 in the bank and the daily interest rate is 1%, the daily interest rate …
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