The Real Pay

What is eNaira? eNaira is a CBDC (central bank digital currency) developed by the central bank of Nigeria as a digital version of the physical naira fiat currency, simple as that. Unlike the physical naira, eNaira will be used electronically across bank apps and other accredited payment systems in Nigeria. The idea of eNaira was initiated subsequent to the Endsars protest in 2020 when a lot of sponsored contributed to the protest using cryptocurrencies like bitcoin, ethereum, and usdt. These transactions were made over the blockchain network which made them untraceable over the internet, after this, a ban was placed on all crypto transactions across the nation, and the idea of creating digital naira came into place. eNaira will function under a layered anti-money laundering and know your customer (KYC) framework with a limit to your daily transaction just like it was with the commercial banks. Users that have fulfilled their KYC and AML verifications will have daily transaction limi

Best loan apps in Nigeria There are times in life when things might not be so smooth. You get low on cash, and this frustrates you. Sometimes, you have a business idea, and you don't have as much money to execute that plan. It's heartbreaking as well. Don't fret, as things have become more accessible nowadays. There are various instant loan apps in Nigeria, even with low interest rates. However, you can't trust every loan app you come across because not all are reliable. It is why we have compiled a list of the five best instant loan apps with low interest rates in Nigeria. Read on to know more. What Apps Let You Borrow Money Instantly in Nigeria? As I said, various apps let you borrow money instantly in Nigeria, but only a few are reliable. Nobody wants an app that doesn't loan them money immediately, has high interest rates, and the worst part of it is that they invade people's privacy. Below is the list of the five best instant loan apps with low interest rat

  Businesses that are highly profitable in Nigeria It is one thing to have money to invest in a business and it is another thing to have good business ideas that are ideal for your capital and like most people, coming up with viable ideas that are profitable can be sometimes exhausting or vague. To clear one’s mind of this indecisiveness, it is recommended to either do market research of various business niches or seek the opinions of other people with caution and clarity.  The writer of this article is not a business expert but just like you, the writer is also a curious business person who finds pleasure in researching feasible and highly demanding business ideas that still work in Nigeria and that is how I have been able to come up with this eleven business ideas which I think to a large extent are very profitable and sustainable in the long run.  Aside from explaining why I think the undermentioned businesses are profitable in Nigeria, I will not be writing deep on how to set up e