Did you receive a strange debit alert on your phone with the description “GSI Recovery”? It can be confusing, frustrating, and even scary, especially if you were not expecting it. But don’t panic. This article will explain what a GSI Recovery debit alert means, why it happens, and what you should do next. What is GSI Recovery Debit Alert? A…
How to Stop GSI Recovery in Nigeria 2025
You may be shocked when you wake up to see money suddenly deducted from your bank accounts. If the debit alert looks like the one shown in the picture below: It is from the GSI Recovery deduction, a system introduced by the Central Bank of Nigeria (CBN). You may want to stop it; here is how to stop GSI Recovery deductions or…
GSI Recovery Explained (2025)
For a long time in the money lending business, debt recovery has always been a challenge. Many loans end up as non-performing loans (NPLs), meaning borrowers refuse to pay back. Because of the high default rate, the Central Bank of Nigeria (CBN) introduced the GSI Policy to help lenders recover debts more effectively. If you are lender or borrower and…
Silk Loan: App Download, Review, it is CBN Approved?
Getting a quick loan in Nigeria for school fees, rent, or emergencies is now easier than ever. Thanks to loan apps, you can borrow money from your phone within minutes. One of the popular apps in Nigeria is the Silk Loan app. It promises fast cash without collateral, but the big question is: is Silk Loan really legit? This article…
Alend Loan App Review: Download—Is it approved by CBN?
Alend loan app is one of digital lenders in Nigeria that claims to offer loans up to ₦2,000,000 in minutes. But is Alend legit? Is it approved by the CBN? In this review, we look at how it works, the interest rate, the loan amount, how to download it, and everything you need to know about the Alend loan app before borrowing…
Loan App that Gives 50,000 Instantly Without BVN
A lot of my readers keep asking which loan app gives 50,000 instantly without BVN. That’s why in this article I want to look at loan apps that can possibly give a 50k loan without a BVN requirement. In this article, I will also give you my honest review of how these apps work, the dangers of borrowing without BVN,…
List of Loan Apps Banned in Nigeria 2025 (Blacklisted Apps)
Loan apps in Nigeria make it easy for millions of people to access quick cash. Sadly, many of these apps have turned out to be harmful. Some exploit borrowers with hidden charges, harassment, and even threats. For that reason the federal government has banned and blacklisted these loan apps for breaking CBN and FCCPC digital lenders’ rules. In this guide, we…
KashNow Loan App: Download, Interest Rate, and Legitimacy
The KashNow Loan App was created to give Nigerian workers quick, salary-backed loans without stress. In this review, we’ll look at how KashNow works, loan amounts, interest rates, reviews, and whether it is truly legit. About KashNow Loan App KashNow is an online lending platform that offers loans for salary earners in Nigeria. It was developed by UC Plus Advance…
Singacash Review: App Download, Interest Rate, Is It Legit?
Getting quick cash when you really need it can be stressful in Nigeria. That’s why many people are turning to loan apps for fast and easy access to money. One of the new digital lenders making waves is the Singacash Loan App. It promises instant, collateral-free loans directly to your bank account. But is it really worth using, and can…
SomeMoni Loan App: Download, Interest Rate (2025 Review)
Somemoni (aka SomeMoney loan app) is one of the digital lenders in Nigeria that promises quick, collateral-free loans for individuals and small business. Are you considering using this loan app? If yes, you need to read this article to the end. Here we will provide Somemoni loan app review—its features, loan amounts, interest rates, how to download it, and whether…