Loan apps in Nigeria helping or adding to Nigeria problems ?

In Nigeria, over 100 million people live in extreme poverty since the 2020 COVID-19 pandemic which gave the country’s floundering economy further pounding and in no time, Africa’s largest economy by gross domestic product slipped into a recession for the second time in five years. It is not uncommon for many hungry Nigerians to borrow little from a neighbour, friend, or relative to survive for a day

Photo - (Depressed man)

Most bad loan providers have been frustrating life of most Nigerians. Through research over 50% of the loan providers are not there to help you but to frustrate you in such a way that you will regret your life. Moreover, when it comes to a loan, it’s all business but being too greedy and extorting money from desperate and helpless Nigerians in such a manner is unacceptable.

There are some good loan app and also bad loan app. Like we all know how to notice bad loan app

(1) Shorter loan duration like (7-14 days)

(2) Higher interest rate

(3) They treat their customers like trash

(4) They charge for card verification before approving a loan

Even most loans which where worst than now have been scrapped by the Nigerian government just like 


GMoney loan app



And some others

There are some other good loan app that people do go for.



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But now is Nigeria economy helping the people or society who has loaned from most of this app be able to pay back ?

Photo - (Lagos , Balogun market)

Nigeria prevailing economic circumstances make things difficult for well-meaning borrowers. 

According to Research Inflation hit 15.6% in January 2022, but recent events like fuel and diesel scarcity have served to only make things worse. 

The constant currency devaluation has not helped matters either. Today, Naira exchanges on the black market at ₦590/$1.

The cost of living in Nigeria is impacted, even food takes up over 55% of the average Nigerian household’s expenditure. Therefore repayment of loans is definitely going to take a hit. 


How to make money on YouTube 2022

You can make it also as a student or unemployed from home. If others can sit at home and make money watching YouTube, so can you. There are so many paid YouTuber just like 7-year-old Ryan, who reviews toys on his YouTube channel, which made him $22 million in 2018. 

Another high earner is Jeffree Star, who’s made more than $18 million on YouTube and has a cosmetics brand that sells about $100 million in products 

There are so many videos you can watch and make money easily from home.


Make money easily by watching YouTube videos

Since the COVID-19 pandemic which affected the whole world, There are many reasons why people want to make money online. 

Besides being able to work from home with a flexible schedule, you can reach a global market with a low startup cost.

YOUTUBE VIDEO Bellow have some methods of making money online, don’t even require creating products or holding inventory.

If you want to learn about online money-making ideas, We have listed below 6 ways to make money online sitting at home.



Watch YouTube videos from home and earn money

There are different ways to make money online, from the safety of our homes, is on the rise.

The magic of most web is that it’s a sales channel, marketing network, and community hub all in one —plus so much more. 

There are many creative ways to make money online beyond surveys and selling used goods on EBAY, AMAZON and others.

That said, some businesses and side hustles are better suited to the laptop lifestyle than others. In this guide there are 

so many YOUTUBE videos you just need to  SIT - WATCH - START MAKING MONEY


WATCH VIDEO πŸ‘‰ Earned $3,000 Passive Income With A Smartphone App


Kidnappers called me Adeboye, tortured me to get N100m – Akwa Ibom cleric

A televangelist and founder of the Solid Rock Kingdom Church, Apostle John Okoriko, who recently regained freedom after being kidnapped by suspected gunmen in Akwa Ibom State, has said two of his abductors knelt before him and demanded prayers and forgiveness before he was released from their custody.

The cleric was abducted on the premises of his church in Mkpat Enin Local Government Area of the state and released after four days in captivity.

Okoriko, who spoke while narrating his ordeal in the hands of his abductors on Sunday, said the kidnappers tortured him so he could accept to pay the N100m ransom demanded by them.

He said, “The torture was much. They did terrible things to my body to force me to bring money to them. I told them that I had not seen such money in my entire life. They told me I am ‘Adeboye’ the richest pastor close to them in Akwa Ibom State.

“Out of the five-man gang that abducted me, two of them knelt and asked me to pray for them before they released me in the evening and I prayed for those that needed my prayers.” Punchng 


Mali's junta breaks off from defence accords with France

Mali's ruling junta announced on Monday it was breaking off from its defence accords with former colonial ruler France, condemning "flagrant violations" of its national sovereignty by the French troops there.

"For some time now, the government of the Republic of Mali notes with regret a profound deterioration in military cooperation with France," spokesman Colonel Abdoulaye Maiga said in a televised statement.

Maiga cited multiple instances of French forces having violated the country's airspace.

He also referred to the June 2021 decision by France to end joint operations with Malian forces.

Tensions between France and the junta in Mali, which seized power in August 2000, have been rising for some time.

Monday's announcement, threatened several times over the past few weeks, was the latest confirmation of deteriorating relations between the junta and France.

The agreements being ended set the framework for France's intervention in Mali in 2014.

They were signed a year after French troops deployed a large force to help Mali's armed forces stop a jihadist offensive there.

But in February, France decided to pull out its troops after falling out with the military junta, particularly over its rapprochement with the Kremlin. AFP


50 passengers rescued as fire guts aircraft tyres in Port Harcourt

A screenshot of a viral clip of the incident. Credit: Ayo Ojeniyi/Facebook

At least 50 passengers were rescued when fire gutted the tyres of an aircraft operated by Dana Airlines Limited in Port Harcourt.

The incident occurred on Monday evening at the Port Harcourt airport, our correspondent learnt.

It was also gathered that no life was lost and no passenger was injured as first responders including operatives of the fire service at the airport moved in to control the situation.

In a statement on Tuesday morning, Dana Air spokesman, Kingsley Ezenwa,

It was titled, ‘Press statement on Port Harcourt Incident of 2/5/22’ said the aircraft had been grounded pending the conclusion of their investigations.

It partly read, “Our aircraft with registration number 5N JOY operating flight 9J 344 from Port Harcourt to Lagos on 2nd of May 2022, was set to take off when the pilot in command noticed an anomaly which he queried with the Air Traffic Control before embarking on a ramp return in line with our strict safety operating procedures

“However, the impact on the brakes as a result of the aborted take off affected the aircraft tyres which sparked off while the aircraft was taxiing to repark

“All 50 passengers onboard the aircraft disembarked safely and our maintenance team have immediately grounded the aircraft pending the conclusion of their investigations.

“Once again, we sincerely apologize to all the passengers on the flight for the inconveniences caused due to the eventual cancellation of the flight.”

The Nigerian civil airspace has maintained a relatively safe record in about a decade now which has increased passengers’ confidence in air travel. The last air crash in the country involving a commercial airplane was in June 2012 when a Dana Air MD-83 aircrafts from Abuja crashed near the Lagos airport while attempting an emergency landing, killing all 153 souls on board and six on the ground. Punchng


EPL: He’s a phenomenon – Gary Neville singles out Man Utd star after win over Brentford

Manchester United, legend Gary Neville has singled out Cristiano Ronaldo for praise following a ‘Man-of-the-Match’ performance in his side’s Premier League 3-0 win over Brentford on Monday night.

Ronaldo netted his 24th goal of the season when he converted a penalty after being fouled by Rico Henry in the second half.

However, Bruno Fernandes and Raphael Varane also scored for Man United at Old Trafford.

While on commentary duty for Sky Sports, Neville said: “(He scored) a goal, the build up to the penalty, his all-round performance has been outstanding.

“He is still a phenomenon, at the age of 37.”

He added, “He’s that important, it wouldn’t surprise me if he has demanded to know if he’s in the manager’s [Erik ten Hag] plans. He simply has to be in this form.” Dailypost 


Champions League: UEFA announces teams that won’t play in competition next season

UEFA has banned Russian clubs from playing in the Champions League and other European club competitions next season.

The football governing body confirmed this in a statement on Monday.

“Russia will have no affiliated clubs participating in UEFA club competitions in the 2022/23 season,” it read.

In February this year, Russian clubs and national teams were suspended “until further notice” by UEFA, following the country’s invasion of Ukraine.

The Russian team’s exclusion from the Women’s European Championship to take place in England in July was also confirmed on Monday.

Portugal, who had lost to Russia in a qualifying playoff, will take their place in Group C alongside 2019 World Cup runners-up Netherlands, Sweden and Switzerland.

UEFA also announced that Russia’s bid to host either the 2028 or 2032 European Championship is “not eligible”. Dailypost 

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