GOTV is a digital terrestrial television service that charges reasonably for a large selection of regional and international channels. Because it offers a variety of packages to suit various needs and budgets, starting as low as NGN 900 per month in Nigeria, GOTV is less expensive than many other digital TV providers. Click here to renew Gotv subscriptions in 1min.
GOTV Packages as at March 2023 are as follows;
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A variety of packages are available from DSTV to suit various spending limits and viewing preferences. Customers will have access to numerous local and international TV channels as well as other value-added services through the packages.
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A third party’s property or other damages resulting from an accident that the policyholder caused are covered by this kind of insurance policy, and the insurer agrees to pay for those losses. This might cover reimbursement for related costs such as medical bills and car repairs.
It’s crucial to keep in mind, though, that third party insurance does not protect the policyholder’s own car or any injuries they might sustain in an accident. Due to this, it is advised that policyholders think about getting a comprehensive insurance plan that covers third-party liability as well as damage to their own vehicle and bodily injury.
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The employers in UK have continued to express frustration on their inability to hire experienced workers with requisite skills to fill vacant positions in their organisations.
UK is among the top economy in the world and houses the best Universities around. But why the sudden manpower deficit?
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The Central Bank of Nigeria has directed old N200, N500, and N1,000 banknotes remain legal tender in line with the Supreme Court Judgement.
According to the press release by the Apex Bank on Monday 13th of March 2023 through the Ag. Director Corporate Communications, Isa Abdulmumin:
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Silicon Valley Bank (SVB) was a commercial bank with the headquarter in Santa Clara, California US.
As of June 30, 2016, SVB had a 25.9 percent market share, making it one of the biggest banks in the country and the largest bank in Silicon Valley based on local deposits.
Silicon Valley Bank provides financial assistance to startups, individuals, investors and international innovative companies to achieve their ambitious objectives. “SVB is the financial partner of the innovation economy”
The second-largest bank failure in American financial history occurred on March 10, 2023, as a result of a bank run on SVB’s deposits, and the Federal Deposit Insurance Corporation was appointed as receiver.
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In the bid to expand operation and reach more Nigerians, Servpay has added to her collection Benin Electric Distribution Company (BEDC).
Customers can now make BEDC Postpaid and Prepaid electric bill payments on servpay.ng.
BEDC is one of the largest DISCOS in Nigeria and responsible for retail distribution of electricity in Delta, Edo, Ekiti and Ondo States with geographical coverage of 55,770 square kilometers.
Utility bills mostly form a chonk of total daily or montly income of individuals. Servpay.ng is committed to affordable and seamless way of making bills payment.
Nigeria is currently undergoing a critical financial reform. The President and the Governor of Central Bank of Nigeria (CBN) had concluded plans and implemented currency change and swap programs.
The new currency change Policy had taken everyone by surprise but with much more polical implications.
The past 8 years in Nigeria, the currency in the economy had risen from N1.4 trillion to N3.23 trillion. The proportion of currency outside the banks grew from 78% in 2015 to 85% in 2022. As at October 2022, only N500 billion was within the Banking System while N2.7 trillion remained permanently outside the system; this development poses a great threat to the economic growth.
The CBN has therefore commenced the processes of absorbing the old currency notes of N200, N500 and N1000 with clear directives to concerned individuals.
The following are the required steps to deposit the old Naira Note:
Deposit above N500,000 will only be made at any of the CBN branches in the country.
While the N500 and N1000 notes have been declared a Non Legal Tender, the old N200 banknotes is expected to circulate as legal tender till April 10, 2023.
The Central Bank of Nigeria (CBN) under Sections 2(d), 33 (1) (b) and 47(2) of the CBN Act 2007 issued the regulation for Bill Payments in Nigeria, 2017 to promote sound financial system.
The guidelines are primarily to facilitate the development of an efficient and effective payments system in Nigeria.
The CBN have established and defined key players in bill payment policy to help achieve her objectives. The following are the stakeholders:
Payer – the individual or corporate entity making a bill payment.
Biller – a registered entity/merchant that receives funds from the payer as consideration for the provision of service or product.
Payer’s Bank – the bank where the payer maintains the account that is debited to make the bill payment.
Biller’s Bank – the bank where the Biller maintains the account designated to receive proceeds of payment made by the payer.
Payments Service Provider (PSP) – a person licensed by the Central Bank of Nigeria to provide services involving direct interactions with the payment, settlement and clearing systems and payment system arrangements, as the Bank may authorize from time to time and may include a bank, Mobile Money Operators or Other Financial Institution that is connected directly to a Biller without any service intermediary.
The Bill Payment regulation has opened up the digital space in Nigeria. Before now, typical payment for services like electricity, water, airtime, cable TV are often done physically. Individuals would visit physical outlets of the service providers to make payment.
The CBN regulation have opened up opportunities to all the players in the industry:
A. Network Availability. Unstable payment network poses a major concern in the industry. The service providers or the Billers must continually increase their capacities to handle high traffic as Payers engagement increases.
B. Cyber Crime Vulnerability. In Africa, the cybercrimes has recorded a massive rise in the first six months of 2022, “with phishing and scams hitting 438 per cent and 174 per cent in Kenya and Nigeria, respectively”, the Guardian Newspapers. reported on August 3, 2022.
According to the Economic and Financial Crimes Commission, ” over 2,800 persons convicted of cybercrime in 2022″
Overall, the financial sector in Nigeria is fast developing with lots of prospects for investors
The Round of 16 of the 2022 Qatar World Cup has been concluded with exciting matches including the surprising defeat of the Spanish Team by the Moroccan Team. We expect more drama at the quater finals. This Round will commence on Friday with Croatia hosting Brazil. The rest of the fixtures are detailed below:
Game 58: Croatia v Brazil, Education City Stadium, Al Rayyan (4pm)
Game 57: Netherlands v Argentina, Lusail Iconic Stadium, Lusail (8pm)
Game 60: Morocco v Portugal, Al Thumama Stadium, Doha (4pm)
Game 59: England v France, Al Bayt Stadium, Al Khor (8pm)
Cable TV subscription available here to enjoy all the knock out matches live on TV.
