I have not used Payday before, but people said it is expensive just as Chipper cash.
It’s almost similar to the Chipper cash, it is just a little bit cheaper than chipper cash but I wouldn’t advise on using it, At least for now. Because first their Master card or virtual card purchase sucks because most of the time if you pay they don’t activate it on time. Then concerning funding the account it is most at time’s frustrating because the affiliate banks( wema and sterling bank) that they give one to send money to usually sit on the funds for days. Then withdraw from the account is sometimes frustrating and then their support doesn’t help they just apologize and take long to respond to one’s request. I would advise you to stick to chipper cash but at least with the new policy one wouldn’t need to go round all this again.
Even if someone speculate very well, regardless of naira to appreciate against dollar or not, there are better times to hold bitcoin, and it is time like this when we are heading towards halving. But good for long term holding. If you want to use your money anytime soon, holding bitcoin is not advisable. Let us see what will happen, I still think we need to increase productivity in Nigeria, we should not only focus on petroleum, although it will help us to some extent, but if we do not focus on other aspect and increase the country work force, we are lagging behind as usual in Africa.
This actually what the country needs, diversification and not solely dependent on the oil sector alone. The past administration tried to diversify back to the Agric sector but most of the policy they implemented like restricting the importation of goods into the country didn’t just work out and also the schemes were just to siphon funds.
The best this current can do is just to create an enabling environment for investors to invest in the current. And also address the illegal mining of the precious metals we have by setting up proper mining facilities.