Every term, one plain sentence.

Your single biometric identity across all Nigerian banks, one number that proves you’re you, everywhere you bank.

Nigeria’s national identity number, used alongside BVN to verify who you are.

The rail Nigerian instant transfers run on, when money arrives in seconds, it came through NIP.

What’s genuinely yours to use after bills, planned spending and savings reserves are protected. Qoyla’s core number.

A regulated fund that holds very safe, short-term assets, a common home for money you’ll need soon.

A short-term government IOU: you lend, they pay you back with interest at a set date.

An instruction to your bank to pay a fixed amount on a schedule, rent and circles often run on these.

Traditional rotating savings: a group contributes regularly and members take turns receiving the pot.

Spending below zero with your bank’s permission, a loan with its own fees, even when it feels invisible.

Tax on what you earn, usually deducted by your employer as PAYE.

Tax included in the price of most things you buy. 7.5% in Nigeria.

Qoyla’s sealed chain for any action, reason, verification, approval, outcome, that you can open and verify.