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What Is Sustainable Finance and Why Is It Important?



What Is Sustainable Finance and Why Is It Important?

What Is Sustainable Finance and Why Is It Important?

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?

  1. 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.
  2. 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.
  3. 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.
  4. 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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How To Become A MoniePoint POS Agent




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 Agent

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

  1. Start by visiting the official Moniepoint website at
  2. Complete the registration form designed for Moniepoint agents and submit your information.
  3. Confirm your email address and phone number. Within 48 hours of registration, an agent from MoniePoint will contact you.
  4. 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.
  5. 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:

  1. A verified business license or CAC documents (for registered businesses only).
  2. Your Bank Verification Number (BVN).
  3. Proof of your residence, such as a PHCN bill.
  4. Your bank account number.
  5. 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:

  1. Go to the official Moniepoint POS website
  2. Create a business account by signing up and entering the required details
  3. Inside your account, find the option to request a POS machine. Click on “Add a new POS” and adhere to the provided instructions.
  4. Deposit funds into your account and complete the payment for the machine, which amounts to N21,500
  5. 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:

  1. Quick Payments: MoniePoint ensures you get your earnings without delay with instant settlements.
  2. 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.
  3. 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.
  4. 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.
  5. 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.


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

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.

  • Cash withdrawal
  • Fund transfer
  • Airtime purchase
  • Utility bills payment

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.

To update your Moniepoint POS machine, follow these steps:

  • Navigate to the home screen on your POS terminal.
  • Locate and open the “AppMarket” application.
  • Find the Moniepoint POS option.
  • Select “Update.”
  • Once the update is downloaded, click “Confirm” to install the update.

You can contact Monie Point through any of the following means:

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The Legal and Regulatory Framework for Real Estate Investment




The Legal and Regulatory Framework for Real Estate Investment

Nigeria’s growing population, urbanization, and rising demand for residential and commercial real estate have made real estate investment there an alluring prospect. However, it’s crucial to comprehend the legal and regulatory environment controlling the real estate industry in Nigeria before making any investments. The goal of this article is to present a thorough examination of Nigeria’s real estate investment laws and regulations: “The Legal and Regulatory Framework for Real Estate Investment.”

The Meaning of Real Estate and Real Estate Investment

Real Property

A tangible property made up of land, any buildings, and any natural resources is referred to as real estate. This include commercial properties like office buildings and retail stores, industrial properties like factories and warehouses, residential properties like homes and apartments, and vacant land. True Natural resources like water, minerals, and agriculture are often included in real estate. A tangible asset, real estate can be purchased, sold, rented, or developed for a variety of uses. A few examples of the variables that affect real estate value are location, demand, state of the economy, and property quality.

Investment in Real Estate

Buying, holding, managing, renting, or selling real estate with the intention of making a profit is known as real estate investment. There are various ways to accomplish this, including:

  • Rental Properties: To generate rental revenue, investors buy properties and lease them to tenants.
  • Property Flipping: When an investor purchases a property, they make improvements or renovations before selling it for a profit.
  • Real Estate Investment Trusts (REITs): Investors can buy shares in REITs, which are companies that own, operate, or finance income-generating real estate across a range of property sectors.
  • Real Estate Development: After buying land, investors can turn it into residential or commercial properties, which they can then either rent or sell.

 Investing in real estate has various possible advantages, such as:

  • Potential for Long-Term Capital Appreciation: Historically, real estate values have tended to rise over time, offering the possibility of long-term capital appreciation.
  • Rental Income: Having rental properties might result in a reliable source of income from rentals.
  • Diversification: Using real estate in an investing portfolio as a technique for diversification may lower total risk.
  • Tax Benefits: Investors in real estate may be able to take advantage of a number of tax breaks, including 1031 exchanges, mortgage interest deductions, and depreciation deductions.

Nonetheless, investing in real estate includes risks and difficulties such as changes in the real estate market, complicated property management, difficulties with funding and liquidity, and legal and regulatory issues.

When approaching real estate investing with careful consideration of market conditions, financing choices, and risk management, it can be a feasible strategy for wealth development, income generation, and portfolio diversification. A comprehensive understanding of market trends, property value, and property management techniques is frequently necessary for successful real estate investment.

Laws Guiding Real Estate Investment in Nigeria

Nigerian real estate is subject to a number of laws, rules, and government organizations. The following are some of the main legal frameworks that govern real estate investment in Nigeria:

  • Land Use Act: A key component of legislation governing land ownership and use is the Land Use Act of 1978. and apply within Nigeria. It outlines the processes for obtaining and transferring land rights and gives the governor of each state the authority to oversee and administer all urban land within that jurisdiction. The Act also governs the issuance of Certificates of Occupancy (C of O) and the rights of occupancy, as well as the acquisition of land for real estate development.
  • Nigerian Urban and Regional Planning Law: Under this law, planning-related activities in Nigeria are governed. It offers guidelines pertaining to development permits, zoning, construction codes, and land use. Real estate investment projects must adhere to local and regional planning regulations in order to guarantee that the appropriate permits are secured for development and land usage.
  • Land Registration Laws: Land registration is a requirement in Nigeria. is regulated by a number of regulations, such as the Land Registration Act and the Land Instruments Registration Law. These laws provide a framework for creating and defending property rights by regulating the registration of land titles, interests, and transactions. For real estate investors to safeguard their ownership claims and safeguard their real estate holdings, proper land registration is essential.
  • Property And Conveyancing Rules: In Nigeria, these rules control who owns, transfers, and conveys property. They include instructions for buying, selling, and transferring real estate, as well as the legal prerequisites for carrying out real estate transactions and registering real estate conveyances.
  • Tenancy Laws: Rental agreements and landlord-tenant relations are governed by tenancy laws in Nigeria. They outline the responsibilities and rights of both landlords and tenants, the processes for reviewing rent, and procedures for resolving tenancy agreement problems.
  • Regulatory Agencies: The Nigerian real estate industry is governed by a number of regulatory bodies, which include the Federal Housing Authority, the Nigerian Investment Promotion Commission (NIPC), the Nigerian Urban and Regional Planning Commission, the Federal Ministry of Power, Works and Housing, and the Real Estate Developers Association of Nigeria (REDAN). These organizations offer industry standards, license requirements, and regulatory rules for building, investing, and developing real estate.

To guarantee compliance and reduce the risks connected with real estate investments, it is crucial for Nigerian real estate investors to become knowledgeable about these rules and regulations, consult with legal counsel, and interact with the appropriate regulatory bodies. Furthermore, regional or state-specific cultures and practices may have an impact on real estate. investment, therefore careful research and local knowledge are necessary for investment success in Nigeria’s real estate market.

Regulatory Framework For Real Estate In Investment in Nigeria

  • The Nigerian Constitution and Land Tenure System: The legal basis for land tenure and ownership in the nation is provided by the Constitution. It acknowledges that land is owned by the government and that people and businesses can use and occupy it under different types of tenures, such certificates of occupancy or leaseholds. Real estate investors must be aware of the land tenure laws that are in effect in a certain area.
  • Land Ownership and Acquisition: Under the Land Use Act of 1978, the state governors of each of Nigeria’s states are the legal owners of all land. Investors need to understand the procedure for land acquisition, which frequently entails buying land from private sellers or local governments or obtaining a Certificate of Occupancy (C of O) from the state government. Purchasing land for real estate investment requires careful consideration and appropriate legal papers.
  • Titles and Registration: In order to ensure the security of real estate investments in Nigeria, it is essential to get correct legal titles and register property. The procedure entails carrying out a title search, confirming legitimacy, and transferring ownership by signing formal documents like conveyance or assignment deeds. Investors who want to protect their investment and make sure that registration criteria are met should collaborate with licensed legal experts.
  • Approvals for Real Estate Development: Before starting any real estate development projects in Nigeria, investors need to get the required permissions and approvals. This comprises obtaining building approvals, environmental impact assessments, and development permits from the appropriate local government agencies and regulatory organizations. Fines, demolition orders, or delays in projects are possible outcomes of noncompliance.
  • Real Estate Investment Vehicles: Real estate investors in Nigeria have access to a variety of investment vehicles, such as joint ventures, real estate development firms, and real estate investment trusts (REITs). Making wise investment selections requires having a thorough understanding of the regulatory requirements, tax ramifications, and legal frameworks of various investment vehicles.
  • Lease Agreements And Tenancy Rules: Knowledge of tenancy rules and regulations is essential for investors who are involved in leasing or renting. For example, requirements on notice periods, eviction procedures, rent payment, and lease agreements are provided under the Lagos lease Law of 2011. Respecting these laws helps keep the landlord-tenant relationship positive by defending the rights of both parties.
  • Taxes and Real Estate Investment: In Nigeria, real estate investments are liable to a number of tax duties, such as stamp duties, value-added tax (VAT), capital gains tax, and property taxes. In addition to ensuring compliance, knowing the tax laws and consulting with tax experts can assist investors optimize profits while lowering their tax obligations.
  • Regulatory Agencies and Associations: The real estate industry in Nigeria is governed by a number of government agencies and associations. These include State Town Planning Agencies, the Federal Housing Authority, the Federal Ministry of Works and Housing, and regulatory organizations like the Nigerian Institution of Estate Surveyors and Valuers (NIESV) and the Real Estate Developers Association of Nigeria (REDAN). Getting acquainted with These groups and their functions can guarantee industry standards are followed and offer insightful information about the sector.


Analyzing the legal and regulatory framework for real estate investment in Nigeria is essential for any investor looking to capitalize on the opportunities in the growing real estate sector. By understanding the constitution, land tenure system, acquisition processes, development approvals, investment structures, tenancy laws, taxation, and relevant regulatory bodies, investors can make informed decisions, mitigate risks, and navigate the legal landscape successfully. Seeking legal advice from professionals experienced in Nigerian real estate law is highly recommended to ensure compliance and protect investments in this dynamic sector. [invest]

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Crypto and Blockchain: Shaping the Future of Payments in Africa




Cryptocurrency and Blockchain: Shaping the Future of Payments in Africa

Cryptocurrency and blockchain technology are revolutionizing how payments and financial transactions are conducted worldwide, and Africa is no exception: “Crypto & Blockchain: Shaping the Future of Payments in Africa.”

With Africa’s limited traditional banking infrastructure, millions of people are excluded from financial services, leading to slow business and economic growth.

However, with the high rate of cryptocurrency adoption in many African countries, noticeable changes are taking place. People initially excluded from the financial system participate in digital transactions, making cross-border payments and investments, ultimately changing their lives and positively impacting the economy.

This article discusses different ways cryptocurrency and blockchain technology are shaping the future of payments in Africa.

How Cryptocurrency and Blockchain are Shaping the Future of Payments in Africa

Financial Inclusion and Access to Capital

Financial exclusion, that is, lack of access to capital and other financial services, is one of the major problems facing the African payment infrastructure. The World Bank reported in 2014 that over 350 million African adults had no bank account.

That number has decreased in recent years due to the success of mobile money programs. But a recent BPC fintech report shows there’s a lot more to be done, as it reported that 57% of Africans do not have access to any kind of bank account, including mobile money accounts.

This is where cryptocurrency and blockchain stepped in and are already contributing massively to the payment revolution in Africa. Cryptocurrency became popular in Africa in the heat of the COVID-19 period, recording an adoption rate of 1200% between 2020 and 2021.

Individuals initially excluded from the traditional financial systems are now actively participating in the crypto market with just their phone and internet connection. The availability of crypto ATMs and over-the-counter (OTC) markets where you can trade cryptocurrency and receive cash has made it possible for people in underserved communities to access financial services.

Cross-Border Payments

African countries engage massively in international trade within themselves and with other continents. Many small businesses in Africa export goods in different quantities and import them to resell or for production. However, traditional cross-border payments can be expensive and slow due to the fragmented financial landscape of the continent and the use of different currencies.

According to the World Bank, the average cost of sending $200 was 6.2% in Q4 2022, with mobile money being the cheapest at 4.5%. That’s between $9 and $12 in transfer fees for a payment of just $200. And it could be more, especially if the sender uses a traditional bank (11.8%) or a money transfer operator (5.4%). The cost could be quite unbearable when the exchange rate and preferred transfer speed are factored in.

Cryptocurrencies, such as bitcoin, ETH, BNB, and stablecoins, are facilitating borderless and cost-effective international money transfers, reducing the fees and time involved. Transferring cryptocurrency from one wallet to another is one of the cheapest ways to make cross-border payments or remittances, and transactions are completed in 24 hours or less. For example, the average cost of sending Bitcoin to another wallet is $4.05, while Ethereum costs $0.73 per transaction.

Store of Value

The inflation rate in most African countries is skyrocketing daily, eroding the value of their currencies and making imports and even internal purchases expensive. For example, in Nigeria, the dollar price in the parallel market went from N736 in January to N1300 in October 2023. That shows a 76.6% increase in the dollar’s value within ten months.

According to Business Insider Africa, many African countries are experiencing a prolonged period of high inflation. In the list, Zimbabwe stands top with an inflation rate of 101%. Others are Serra Leone (44.81%), Ghana (43.1%), Egypt (36.5%) and Ethiopia (28.8%). Nigeria, the largest African country, also made the list with an inflation rate of 24.08%.

The rising inflation in many African countries has led individuals and businesses to look for a reliable way to save money without losing value. Cryptocurrencies, especially stablecoins, have proven to be a good store of value and a reliable alternative for financial transactions.

Integration with Mobile Payments

Many Africans use mobile phones for payments and transactions, and cryptocurrencies can integrate seamlessly with mobile payment platforms, making it easy for people to transact with them.

Mobile payment platforms like Google Pay, BitPesa, Blockonomics, PayPal, and more allow users to make payments in cryptocurrencies for purchases on digital platforms.

People bypass many unnecessary fees by transacting in cryptocurrencies, especially when making purchases on international platforms. Many crypto-integrated mobile payment apps also allow users to save, invest, and perform other financial services with their smartphones.


Remittances are a significant source of income for many African families. Africans working abroad love sending money to their families at home, either for their upkeep or investments.

The World Bank’s Migration and Development Brief shows how remittances grew in Sub-Saharan Africa by 6.1% in 2022, totaling $53 billion. Many countries had significant growth in their remittances, with Tanzania (25%), Rwanda (21%), and Uganda (17%) being the top three. Nigeria accounted for 38% of the total remittance inflows to the region despite having a growth rate of only 3.3%.

Many factors contributed to this remittance growth in Africa, including the low cost of cryptocurrency transactions and mobile money payments.


The adoption of cryptocurrency and blockchain technology is rapidly reshaping the African payment system, creating a future of massive financial inclusion, efficiency, economic development, and empowerment.

The advantages of these assets are clear, as individuals, businesses, and governments can benefit massively from them. Cryptocurrencies facilitate borderless and cost-effective cross-border payments, enable individuals and businesses to hedge against hyperinflation, and make mobile payments more efficient.

Despite already having significant success in Africa, its future impact is expected to be much more revolutionary. Cryptocurrency and blockchain technology will open new opportunities for investment and trade and pave the way for a brighter economic future across the African continent. See More!

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