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Interest Rates and Deposit Yields on Yana
Introduction: At Yana, we’re committed to informing you about anything affecting your financial decisions. This article explains the recent changes to our interest rates and deposit yields, and what it means for you. Understanding the Change On the 27th of February, 2024, at the Central Bank of Nigeria (CBN) after a meeting of Nigeria’s Monetary…
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What is Business Banking?
As an entrepreneur or a small business owner, managing your business’s finances efficiently is important for success and growth. Business banking plays a vital role in helping you achieve your business goals. But what exactly is business banking, and how can it aid the growth of your business? As the name implies, business banking relates…
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5 Small Business Financing Options to Fuel Your Growth
When running a small business, securing the right financing can make all the difference in scaling your operations, managing cash flow, and seizing growth opportunities. Navigating the plethora of financing options available can be daunting, but understanding your choices is the first step toward making an informed decision. Here, we explore five small business financing…
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Why Do SMEs Fail in Nigeria?
Small and Medium-sized Enterprises (SMEs) are the backbone of Nigeria’s economy, contributing significantly to employment and economic growth. Despite their importance, the failure rate among SMEs in Nigeria is alarmingly high. According to recent statistics, about 80% of SMEs in Nigeria fail within the first five years. Understanding the reasons behind these failures is crucial…
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What is a CAC Status Report and Why Is It So Important?
So, you’ve taken the exciting leap into entrepreneurship and established your dream business! Now comes the practical side of things, like opening a Yana account to access a credit or cash account to unlock growth for your business. But before you get started, there’s a crucial step: obtaining a Corporate Affairs Commission (CAC) Status Report.…
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10 stress-free business ideas for you
Starting a business doesn’t have to be stressful. Whether you’re seeking a side hustle or a full-time gig, there are plenty of stress-free business ideas out there that allow you to stay relaxed while making a living. In this article, we’ll explore ten business ideas that are not only easy to start but also offer…
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How to brand your business in 2024 (steps + examples)
Consistent and professional branding builds trust between businesses and consumers
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Why Every Ambitious Business Owner Should Use Yana
Yana is a growth partner for ambitious business owners seeking to unlock different levels of growth and expansion. Yana offers a suite of solutions for all your financial needs — from flexible credit and cash deposit accounts to powerful financial analytics software, and even a bonus perk partnership program. At Yana, we are committed to…
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How To Create An Account On Yana
Getting started on Yana is easy. A recap to what Yana does — Yana provides financing and financial management for small businesses — think everything you need to organize, understand and access finance for your business. Now, let’s get you started on creating an account on Yana. The best way to enjoy Yana is on…
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Understanding Minimum Balance
What does minimum balance mean at Yana? Minimum balance is more or less a fixed amount that is locked for an indefinite period of time and earns a yield for you and doubles as the cash collateral for credit accounts You don’t need to want a credit account to use the minimum deposits, but you wouldn’t…
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All You Need to Know About Yana Corporate Credit Accounts
Yana credit account is a sustainable financing option for your business. We designed it so that you never run out of funds on rainy days or to step into your next level of growth!Here is all you need to know about using it. Yana Credit Account Is Not Like Your Typical Loan First things first,…