In a circular dated May 07 2010, the CBN stated that they have observed with concern the high incidences of abuse pertaining to money transfers into Nigeria. As a control mechanism the following action points have been mandated by the CBN:
1. All in bound money transfers to Nigeria shall only be disbursed [...]
For a good number of immigrants living abroad, conducting financial transactions has become easy: so easy it can be done on a phone. Paying bills, mortgage, transferring money to a friend, paying school and such, can be done in a breeze. Rarely does one write checks nowadays let alone physically visit a bank to conduct [...]
The acclaimed movie Figurine, featured at the premier of Africa Movie Night in Atlanta, and sponsored by PayLid won 5 awards at the African Movie Academy Awards (AMAA) held on April 10, 2010. The movie won the Best Picture, Best Performance By an Actor in a Leading Role’ (Best Actor): Ramsey Noah, AMAA ACHIEVEMENT IN [...]
Seriously. That was the content of an email someone received from a relative. That is as clear a distress signal as you can get. And while a lot can be said for teaching a man how to fish, there are times when human compassion drives us just to give the fish. So next time you [...]
At a sold out movie screening in the heart of Atlanta’s premier arts arena, the High Museum, a wildly appreciative crowd clapped and laughed and gasped at the scenes of the “Figurine”, the new acclaimed African movie produced and directed by Kunle Afolayan. Featuring Ramsey Nouah and a talented cast of African actors and actresses, [...]
At PayLid we support home grown African efforts to empower Africans both home and abroad. We identify with Africans who strive to contribute positively towards the upliftment of their communities and the society at large.
Apinke Magazine is one of such efforts that aims to showcase Africa’s rich and diverse cultures and highlight the positive [...]
There is a huge demand for ePayment systems in Africa connecting countries within the continent and connecting the continent to the rest of the world.
Have you resided in Africa and felt cut out from the rest of the world unable to transact business online, sometimes in spite of all your knowledge and money? [...]
Africa has a few giants. Some are giants in small frames who have taken on big dreams and left indelible trails; others are giants in size and in their commitment to making a difference. Dikembe Mutombo, a 7-2ft ex-NBA player, is in the latter category. Raising money to build a first class hospital (that employs [...]
For years, the African remittance market has exhibited a low level of competition with only two major money transfer companies controlling 65 per cent of all remittance payout locations. This scenario creates an irony where the people who need help the most (the hardworking immigrants in foreign lands and the families & loved ones [...]
A young man was having some money problems having recently lost his job at a bank; he had run out of people to borrow from, to set up a small airtime resell business to feed his young family while he hussled for a proper job. He decided to call his Aunty in the US through [...]