9ja Favorites

During a financial difficulty or emergency, many people today seek urgent loans for personal use. A personal loan is a fixed amount of money you borrow to cover personal expenses. This kind of loan is also known as an unsecured loan. That's because it's not usually secured to an asset, like a home or car. Some personal loans, however, can be secured, meaning the lender requires collateral to lend you money. A personal loan differs from other installment loans—such as car loans . In Nigeria, you can get a personal loan through banks, online lenders, and credit unions. You can apply for a personal loan online or in person with personal and financial information, like your BVN, NIN, and employment information. Here are the top eight personal loan lenders in Nigeria: 1. Standard Chartered Personal Loan Standard Chartered Nigeria offers an unsecured personal loan online, meaning no collateral is needed. This loan comes with an easy 60-month repayment option and interest as low as 1...

A car is an expensive purchase, and there are several benefits to owning one. However, choosing the right car loan provider can save you thousands of Naira in interest charges and fees. Moreover, a car loan can help you reduce the upfront expenses associated with buying a car. What's more, with a car loan, you don't have to save up for a long time before purchasing a car. 9ja Favorites evaluated dozens of car loan providers in Nigeria based on their rates and terms, loan options, and other factors. Below are our picks for the best car loan providers in Nigeria. Whether you’re shopping for a new car or looking to refinance your existing one, these car loan lenders have your back. 1. Stanbic IBTC Car Loan The Stanbic IBTC car loan has flexible payment terms with a 4-year tenure for repayment. This loan allows Nigerians to finance their new and pre-owned vehicles. However, your pre-owned vehicle must not be more than 15 years old. Stanbic IBTC has a comprehensive d...

No single credit card will be "the best" for everyone. However, depending on your goals, spending habits, credit score, and more, certain credit cards will likely stand out. Choosing a credit card that is tailored to suit your needs should be based on a combination of factors. These include your tolerance for annual fees, credit score, and what perks you might be seeking. In essence, the best credit card is one that's aligned with your specific needs. If you are new to credit cards, here is the simple idea behind them. By getting and using a credit card, you are borrowing money from the card provider to pay for something. You must, later on, repay what you borrowed, and you must do so on time. If you take time to pay back what you borrowed, you'll be charged interest. All credit card companies rest on this basic premise. Credit card companies in Nigeria offer different kinds of cards to meet a variety of needs. Once again, the best credit card depends on your needs as...

In my previous article, I've compiled a list of the best virtual dollar cards in Nigeria . Today, we are going to explore seven Nigerian banks that offer prepaid dollar cards. What's a prepaid dollar card? You may wonder. In a nutshell, it's an international payment card that you can preload with money. Unlike a Naira debit card, you can use a prepaid dollar card to pay for goods and services outside Nigeria. You can also use your prepaid dollar card to make online purchases and get cash from ATMs globally.  A prepaid dollar card is not linked to your Nigerian bank account. Instead, you fund the card account with money before you can spend it. A Naira debit card allows you to spend money you have in your bank account, while a prepaid dollar card allows you to spend money you have in your dollar card account. Without further ado, here are the top Nigerian banks that offer prepaid dollar cards. 1. Stanbic IBTC Bank Stanbic IBTC Bank offers prepaid dollar cards tha...

Gone are the days when you could use your naira MasterCard for international transactions. Nowadays, paying for goods and services outside of Nigeria is challenging, as many online stores only accept international cards. This leaves millions of Nigerian online shoppers stuck with cart abandonment. However, with Virtual Dollar Cards, international payments are now a breeze in Nigeria. Currently, there are many virtual dollar card providers in the country. As a result, selecting the right one can be overwhelming, to say the least. That is why I've compiled this list of the nine best virtual dollar card providers in Nigeria and their unique features, so you can make an informed decision. 1. ALAT Virtual Dollar Card The ALAT Virtual Dollar Card is provided by Wema Bank. This Virtual dollar card is one of the best in Nigeria, as it allows you to make seamless international payments online. As a prepaid card, the ALAT Virtual Dollar Card can be used to buy g...