Contact with infected persons and surfaces are the primary means of transmission of the coronavirus. And these rightly gave rise to concerns about card payment. If an infected person touches your card for any reason and gives it back, you can be sure you got back your card with the…

If you own a bank account, then you don’t need to be told that a bank is where you keep your money. However, you also know that a bank does more than that. It is the seat of all financial operations in an economy. …

Listening is one of the things you can’t overdo when setting up and running a business. When setting up, you will get lots of advice, solicited and unsolicited, on how to set up, what to do, and what not to do. Everyone will tell you what the most important business…

Disputes occur for many reasons. In business, it is when someone has not fulfiled their part or does not want to fulfil their part despite the consequences it holds for the other party. Disputes primarily manifest in three forms -a misunderstanding by one of the parties, a misunderstanding by both…

If generating profit was all you ever needed to worry about when it comes to your business finances, then life would be so much easy. Running a business would be such a joyride. But the reality is, generating enough profit is just one on the list of the things you…

Finding out that the First Bank of Nigeria was established in 1894 was quite a lot for my then young mind to take in. “You mean this bank has been around over 100 years”. At that time, I didn’t even know anyone alive who was 100 years old. …

KYC stands for Know Your Customer, and the definition is in the name. As your business grows and expands, it becomes harder to know your customers personally and keep up with what they are doing. But this does not in any way excuse not knowing your customers. Verifying your customers’…

As your business grows and your primary product gains more acceptance in the market, the desire to expand your business to offer more products and services come naturally. This might even be in your plan from inception.

You already have a customer base, why not offer more things that they…

Running a business comes with making tough decisions for a living. Sometimes, you know enough to make the right choice. Other times you just have to have to make a lucky guess. And this has little to do with competence.

Nonetheless, you have a responsibility to equip yourself daily with…

Once upon a time, you had to enter the bank and pay into the receiver’s account. Looking back now, we can only imagine how hard life was back then. But before that era, people had to mail the money. Can’t imagine your every day like that now, can you?

Technology…

Redbiller

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