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What Is Sustainable Finance and Why Is It Important?

Published

1 year ago

What Is Sustainable Finance and Why Is It Important?

Sustainable finance has become a subject of concern in recent times. Increasingly, global businesses, governments, and nonprofits are recognizing the need to shift capital away from investments and activities that are harmful to the environment and society. This shift is making sustainable finance an increasingly important tool for making progress towards global sustainability goals.

Sustainable finance seeks to ensure that resources are utilized in a way that is mindful of future generations and their needs, creating a positive long-term impact on the environment and society. For example, investments in renewable energy projects have the potential to deliver both financial returns and environmental benefits, such as reducing carbon emissions.

Opponents of sustainable finance argue that the priority should be on maximizing financial returns for shareholders and that environmental and social considerations should take a back seat. They also argue that sustainable finance investments are often more expensive and have lower returns than traditional investments. However, if you ask the polar bears, they would probably argue that the priority should be on maximizing their icy habitat and that financial returns should take a back seat. Nevertheless, we still need to take a look at sustainable finance and why it is important.

What is Sustainable Finance?

Sustainable finance is a rapidly growing field that refers to the integration of environmental, social, and governance (ESG) factors into financial decision-making. By doing so, financial institutions can identify and analyze the risks and opportunities associated with ESG factors that could affect their investments. This is similar to how a doctor looks at all aspects of a patient’s health before making a diagnosis and prescribing a course of treatment; they take into account the physical, emotional, and social aspects of the patient’s well-being. In the same way, financial institutions look at environmental, social, and governance factors to make informed financial decisions. It is like looking at a bigger picture; instead of just taking into account the immediate symptoms, the doctor looks at the underlying cause, the same way financial institutions look at the underlying causes of economic risks.

Why is Sustainable Finance Important?

Sustainable finance has gradually become important in recent times. In 2020, 96 percent of the world’s top 250 companies reported on sustainability, and this number is expected to remain the same in 2023. So, why do these companies consider sustainable finance as important?

Long-term value creation:
Companies are recognizing the need to invest in sustainable finance in order to create long-term value and reduce risk while promoting a positive social and environmental impact. Companies are starting to realize that sustainability is no longer just a buzzword but rather a key component to long-term success. By investing in sustainable finance, companies can reduce their exposure to financial risk while also investing in initiatives that help protect the environment and promote social good.
Good business:
Companies are recognizing that sustainable finance is not only important for the environment and social responsibility, but also a wise business decision. Companies are increasingly taking into account the long-term economic, environmental, and social implications of their decisions and investments, and sustainable finance helps them to do so. By investing in sustainable finance, companies are able to reduce their environmental footprint and build long-term resilience. Additionally, investors are increasingly interested in sustainable finance, so companies may find themselves at a competitive advantage by investing in it.
The long-term viability of operations:
Companies recognize that the long-term viability of their operations requires them to consider not only the financial aspects of their business, but also the environmental, social, and governance implications of their investment decisions. For example, some companies may choose to invest in renewable energy sources to reduce their long-term environmental impact and carbon footprint, while others may invest in stakeholder engagement efforts to ensure that their operations are meeting the needs of the communities in which they are located. Sustainable finance is a tool to help them achieve this.
Social accountability:
Sustainable finance is now universally recognized as a key part of corporate strategy, with companies understanding the importance of being socially responsible and accountable to their stakeholders. As a result, companies are increasingly committing to and investing in practices that protect and promote the long-term success of the environment and the global economy.

By understanding sustainable finance and its importance, investors, corporations and governments can develop strategies to promote and support long-term economic growth with minimal damage to the environment. Companies recognize that sustainable finance is critical to success in today’s world. This is because it allows them to not only make a positive impact on the environment but also to help build public trust and attract investors. It is likely that companies accepting sustainable finance will increase in the coming years. However, some companies may be hesitant to adopt sustainable finance practices because they fear it will be too expensive or they are unsure of the benefits. Additionally, some companies may not want to be seen as taking a stance on political or environmental issues.

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IUX Wins Best Trading Technology Provider 2025 Award at BrokersView, Setting New Standards with Next-Gen Trade

Published

3 weeks ago

Christopher

IUX Wins Best Trading Technology Provider 2025 Award at BrokersView, Setting New Standards with Next-Gen Trade

IUX, a globally recognized online CFD trading service provider, has been honored with the prestigious “Best Trading Technology Provider” award at the 2025 BrokersView Award for Brokers with Outstanding Assessment. This recognition solidifies IUX’s standing as a leader in the online CFD trading industry, highlighting its dedication to innovation, user-centric design, and cutting-edge technology—exemplified through its groundbreaking Next-Gen Trade initiative.

IUX Wins Best Trading Technology Provider 2025 Award at BrokersView, Setting New Standards with Next-Gen Trade

About the BrokersView Awards

The BrokersView Awards are among the most respected in the trading industry, recognizing brokers that demonstrate outstanding performance, transparency, and technological innovation. The Best Trading Technology Provider award is presented to brokers that go beyond industry standards to offer exceptional trading platforms with advanced features, robust execution speeds, and user-friendly interfaces.

IUX’s win reflects its relentless commitment to providing traders with superior trading tools and an optimized platform, setting a benchmark for excellence in the CFD trading sector.

“We are deeply honored to receive this recognition from BrokersView,” said an IUX spokesperson. “This award highlights the hard work and dedication of our team in creating a platform that empowers traders globally. We will continue to drive innovation and deliver exceptional value to our users.”

Next-Gen Trade: Powering IUX’s Award-Winning Technology

A significant factor in IUX’s recent success has been the launch of Next-Gen Trade, a comprehensive initiative aimed at redefining the trading experience. This customer-focused project delivers cutting-edge technology and empowers traders with tools designed for speed, stability, and precision.

Core Features of Next-Gen Trade:

Ultra-Fast Execution: Trades executed in as fast as 30 milliseconds, giving traders an edge in volatile markets.
Consistent Spreads: Advanced spread management technology ensures stable spreads, even during major market events.
Customer-Oriented Features: Tools and resources tailored to help traders navigate complex markets with ease.

Next-Gen Trade exemplifies IUX’s commitment to enhancing the trading experience, directly contributing to the platform’s recognition as Best Trading Technology Provider.

Looking Ahead

The Best Trading Technology Provider 2025 award represents a significant milestone for IUX but is just one step in the company’s journey. IUX remains committed to continuous innovation, focusing on enhancing the trading experience for its global user base through further advancements in initiatives like Next-Gen Trade.

Discover More

Learn about IUX’s advanced trading solutions: Visit IUX

About IUX

IUX, operated by IUX Markets Limited, is a leading online CFD trading broker —IUX is committed to providing a secure, transparent, and user-focused trading experience to traders worldwide.

Disclaimer

Trading CFDs involves significant risk of loss and is not suitable for all investors. Ensure you fully understand the risks involved before trading.

Bitcoin

Binance expands crypto access in West and Central Africa with mobile money integration

Published

5 months ago

Christopher

Binance expands crypto access in West and Central Africa with mobile money integration

This new service currently supports only BUY transactions, further simplifying the entry point for new crypto users in these regions

Binance (www.Binance.com), the world’s leading blockchain and cryptocurrency infrastructure provider continues to drive innovation and expand access to cryptocurrency in Africa, now allowing users in Benin, Cameroon, Ivory Coast, Democratic Republic of Congo (DRC), Togo and Senegal to purchase crypto directly through mobile money payments enabled through local partnerships.

This new functionality further strengthens Binance’s commitment to providing simple and secure access to cryptocurrency for users across the continent, reinforcing the platform’s vision of financial inclusion.

Samantha Fuller, Spokeswoman for Binance says “We remain focused on advancing financial inclusion and delivering user-friendly solutions for crypto adoption across Africa. This expansion into West and Central Africa is a significant step in our mission to increase crypto adoption, providing millions of people with more direct access to the global digital economy”.

This new service currently supports only BUY transactions, further simplifying the entry point for new crypto users in these regions, while providing them with a reliable and secure platform to acquire digital assets.

How to buy crypto:

Log in to your Binance app and select [Add Funds] from the homepage.
Choose your local fiat currency you wish to use by selecting the currency in the top-right column.
Follow the instructions to complete your crypto purchase.
Distributed by APO Group on behalf of Binance.

About Binance:
Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users and features an unmatched portfolio of crypto products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralisation and infrastructure solutions, and more. For more information, visit: https://www.Binance.com

Risk Warning: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser before investing. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.

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How To Become A MoniePoint POS Agent

Published

1 year ago

softchris4ol

How To Become A MoniePoint POS Agent

MoniePoint POS offers a handy way to handle financial transactions wherever you are. It can perform various transactions including money transfers, withdrawals, deposits, bill payments, and more. Getting a POS machine is now quite simple, requiring minimal or no initial investment, and is highly lucrative. MoniePoint stands out as one of the top financial service providers offering top-notch POS services: “How To Become A MoniePoint POS Agent.”

Getting a Moniepoint POS machine is considered as a wise business choice as you stand to gain a considerate amount of income with very little capital. If you are wondering how to get Moniepoint POS machine, then you are in the right place. In this article we will discuss about the requirements and procedures involved in getting a Monie Point POS Machine.

About Monie Point POS

Moniepoint POS is a financial product from TeamApt, a leading Fintech company in Nigeria, which started in 2019 as a platform for agent banking. Over time, the company has grown into a versatile business solution, supporting many small businesses in Nigeria with services like multi-channel payments, credit, insurance, and financial solutions for agents and banks. What’s important to know is that MoniePoint is fully licensed by NDIC and has PCI DSS certification, ensuring your card data’s safety. MoniePoint is changing the way we carry out financial transactions, emphasizing security, efficiency, and customer-focused financial services.

How To Become A MoniePoint POS Agent

How to Become a MoniePoint Agent

If you’re interested in becoming a Moniepoint Point of Sale (POS) agent, follow these steps:

Start by visiting the official Moniepoint website at https://moniepoint.com/
Complete the registration form designed for Moniepoint agents and submit your information.
Confirm your email address and phone number. Within 48 hours of registration, an agent from MoniePoint will contact you.
The agent will provide you with guidance on the necessary procedures. Once you’ve fulfilled the requirements, they will officially designate you as an agent.
Finally, log in to the MoniePoint POS dashboard to access and manage your account.

Documents Required to Register as a MoniePoint POS Agent

To become a MoniePoint POS Agent, you’ll need to provide specific documents as part of the registration process. These documents include:

A verified business license or CAC documents (for registered businesses only).
Your Bank Verification Number (BVN).
Proof of your residence, such as a PHCN bill.
Your bank account number.
An official identity card, which can be a National ID, Voter’s card, or any other nationally recognized identification card.

How to Get a MoniePoint POS

To obtain a Moniepoint POS, follow these steps:

Go to the official Moniepoint POS website
Create a business account by signing up and entering the required details
Inside your account, find the option to request a POS machine. Click on “Add a new POS” and adhere to the provided instructions.
Deposit funds into your account and complete the payment for the machine, which amounts to N21,500
Your POS device will be delivered to your location within 48 hours

What are the POS Charges for MoniePoint?

Compared to other service providers, MoniePoint offers one of the lowest and possibly the most affordable POS charges in Nigeria. These charges are determined by the number of transactions conducted and are not tied to a specific bank, unlike some other POS services. The standard charge for all banks in Nigeria is a fixed N20.

However, for withdrawals up to N4,000, the fee is a mere N6.2, but this fee increases as the withdrawn amount increases. Moniepoint does not impose additional bank-related fees, setting it apart from many other POS service providers.

Here’s a breakdown of the charges:

Moniepoint charges 0.5% of the transaction amount for withdrawals ranging from N1 to N20,000.
For transactions exceeding N20,000, a flat fee of N100 applies.
Transfers through Moniepoint incur a fixed charge of N20.

For data charges and TV subscriptions, Moniepoint POS offers the following commission rates:

MTN: 3% commission
Glo: 4% commission
DSTv: 2% commission
GOTv: 2% commission
PHCN (electricity): 2% commission
9Mobile: 4.5% commission
Airtel: 4% commission
Star Times: 2% commission

Benefits of Becoming a Moniepoint Agent

Becoming a MoniePoint agent in Nigeria comes with several benefits that make it a great choice:

Quick Payments: MoniePoint ensures you get your earnings without delay with instant settlements.
Lucrative Commissions: Moniepoint offers some of the best commission rates in the country, along with low service charges, which is why over 200,000 merchants have joined. You can be next.
Outstanding Customer Support: Moniepoint has a top-notch customer support team ready to assist you. They’re just an email or WhatsApp message away and respond promptly.
Reliable Network: Moniepoint’s dependable network keeps your POS devices working consistently. This is crucial to prevent business loss due to poor or no network signal.
Multiple Transaction Channels: MoniePoint provides various options for your financial transactions, including a mobile app, debit cards, smart POS, and regular POS machines. It gives you flexibility and convenience.

Conclusion

Becoming a MoniePoint POS agent is a smart move with a host of benefits. You’ll enjoy prompt payments, generous commissions, top-notch customer support, and a reliable network. With multiple transaction channels, you have the flexibility to serve your customers efficiently. As you embark on your journey as a MoniePoint POS agent, you’re not just joining a platform; you’re joining a community of successful agents and entrepreneurs. The potential for growth and success in the POS business is limitless. So, seize this opportunity, and you could be on your way to a rewarding and profitable venture as a MoniePoint POS agent.

Frequently Asked Questions

What’s the cost of a Moniepoint POS machine?

MoniePoint offers its POS machines to eligible merchants for a lease fee of ₦25,000, provided they meet the daily transaction target of ₦20,000.

What transactions can I perform with the MoniePoint POS machine?

Cash withdrawal
Fund transfer
Airtime purchase
Utility bills payment

What are MoniePoint POS Usage Rules?

Moniepoint POS Usage Guidelines:

Ensure a minimum of four daily deposits.
Maintain a daily transaction value of at least ₦70,000; failure to meet this requirement may result in the withdrawal of the POS machine.

How can I update my MoniePoint POS machine?

To update your Moniepoint POS machine, follow these steps: