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Gift Cards as a Way to Avoid Bank Transaction Fees in Nigeria
In Nigeria, bank transactions can come with hidden costs. From transaction fees to currency conversion rates, sending and receiving money through banks can often be more expensive than expected. As digital financial solutions become more widespread, ...
Top 5 Myths About Gift Card Trading in Nigeria
Gift card trading has become a popular way for many Nigerians to send and receive money, shop online, and even invest in digital assets. However, despite its rapid growth, several misconceptions continue to cloud the industry. These myths often disco...
Gift Card Trading for Nigerians Living Abroad: What You Need to Know
For many Nigerians living abroad, sending money back home to family and friends is an essential part of staying connected. Traditionally, services like Western Union, MoneyGram, and bank transfers have been used for these transactions. However, with ...
Gift Card Trading and the Future of Nigeria’s Fintech Sector
Nigeria’s fintech sector has witnessed unprecedented growth over the past decade, driven by innovation, mobile technology, and an increasing demand for digital financial solutions. Among the many emerging trends within this sector, gift card trading ...
The Role of Gift Cards in Nigeria’s Remittance EconomyThe Role of Gift Cards in Nigeria’s Remittance Economy
In Nigeria, remittances—the money sent back home by Nigerians living abroad—are a crucial part of the economy. According to the World Bank, Nigeria is one of the largest recipients of remittances in the world, with billions of dollars flowing into th...
How to Manage Your Gift Card Portfolio Like a Pro in Nigeria
Gift card trading has become a booming industry in Nigeria, offering traders an opportunity to make substantial profits by buying, selling, and reselling gift cards. However, like any investment, managing a gift card portfolio requires strategy, disc...
What Are the Most Popular Gift Cards in Nigeria for 2024?
In recent years, the use of gift cards has become increasingly popular in Nigeria, especially with the rise of e-commerce, international shopping, and digital payment solutions. Gift cards provide a secure and convenient way for Nigerians to shop glo...
Gift Cards vs. Bank Transfers: Which Is Better for Nigerian Traders?
In Nigeria’s growing digital economy, traders face the decision of choosing the best payment methods for buying and selling goods and services, especially in the online space. Two popular options are gift cards and bank transfers. Both have their adv...
Steps to Building a Successful Gift Card Trading Business
Now that we understand why the gift card trading business is booming, let’s break down the steps to building a successful venture in Nigeria. 1. Identify Your Niche While the gift card market is large, it’s essential to carve out a niche for your b...