Business
Top 5 most profitable African countries to become a landlord mid-2024

Top 5 most profitable – Investment in real estate…
Investment in real estate is primarily driven by the prospect of profitable returns, and this holds true across African countries. Every property owner aims to maximize the income generated from their real estate properties.
Business Insider Africa presents the top 5 most profitable African countries to become a landlord mid-2024.This list is courtesy of Numbeo’s gross rental yield index.South Africa ranks number 1 on this list.
A key indicator of a profitable real estate venture is its Gross Rental Yield, which is the profitability of rental properties.
Gross rental yield is an essential metric for investors, as it assesses the earnings potential of rental real estate.
In Africa, where the real estate markets vary significantly, gross rental yield is especially valuable as investors navigate each country’s unique economic conditions.
The calculation of gross rental yield involves dividing a property’s annual rental income by its purchase price and multiplying the result by 100, resulting in a percentage figure.
DON’T MISS THIS: Top 5 least profitable major cities in Africa to become a landlord mid-2024
This percentage reflects the potential return on investment (ROI) from rental income, excluding costs such as maintenance, taxes, and property management fees.

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A higher gross rental yield is always preferable, as it implies a better ROI for property owners.
Given this, certain African countries stand out as attractive destinations for rental property investments.
This is highlighted in Numbeo’s latest gross rental yield index for the second half of 2024.
It’s worth noting that Numbeo’s index focuses on major economic hubs across the continent rather than on the entire region.
Top 5 most profitable African countries to become a landlord mid-2024
RankCountryGross rental yield city centerGross rental yield outside of centerGlobal rank1.South Africa10.310.24th2.Cameroon8.710.56th3.Kenya7.34.818th4.Egypt6.37.027th5.Ethiopia6.04.432nd
#Top #profitable #African #countries #landlord #mid2024
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Business
NIMC hikes Date of Birth correction fee to N28,574

The cost of correcting the date of birth on the National Identity Management Commission (NIMC) slip has risen to N28,574,
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Business
Where & How to Buy PlayStation Gift Cards Online in Nigeria 2025

If you’re a PlayStation user in Nigeria, you already know the struggle. You want to buy a new game, renew your PS Plus, or grab that DLC everyone’s talking about—but then, payment issues show up.
Your bank card doesn’t work.
The platform needs a dollar card. And everything just feels more complicated than it should be. That’s where PlayStation gift cards come in. They’re fast, flexible, and made for situations exactly like this.
In this guide, we’ll break down:
What a PlayStation gift card is
What you can use it for
Where and how to buy one in Nigeria (safely)
How to redeem it on your PS5, PS4, or mobile
Rates, FAQs, and more
Let’s get into it.
What is a PlayStation Gift Card?
A PlayStation gift card, often called a PSN card, is a prepaid digital card used to add funds to your PlayStation Wallet.
With it, you can:
Buy games, add-ons, and in-game content
Pay for PlayStation Plus or PlayStation Now
Rent or buy movies
Purchase themes, avatars, or apps on the PlayStation Store
It’s available in various currencies—like USD, GBP, CAD, etc.—but don’t worry: even from Nigeria, you can redeem and use these cards easily.
What Can You Use a PlayStation Gift Card For?
Once redeemed to your wallet, the balance can be used to:

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Download full games (FIFA, GTA, God of War, etc.)
Get in-game coins (VC, V-Bucks, FUT points)
Purchase DLCs and season passes
Subscribe to PlayStation Plus for online multiplayer and free monthly games
Watch movies via the PlayStation Store
Basically, anything on the PlayStation Network (PSN) is fair game.
Where to Buy PlayStation Gift Cards Online in Nigeria
So you want to buy a PSN card in Naira? Be careful—Facebook, Telegram, and WhatsApp sellers are risky. Many offer fake or already-used cards.
Use Ridima — a trusted platform where Nigerians buy legit PlayStation gift cards and receive them instantly.
Ridima supports gift cards from:
USA (PSN)
UK (PlayStation Network)
Canada
Other top countries
How to Buy PlayStation Gift Card Online in Nigeria (via Ridima)
Here’s the step-by-step:
Download the Ridima App from the Play Store or App Store
Sign up or log in
Tap on “Buy Gift Card”
Choose PlayStation (PSN)
Select the country (e.g. USA, UK)
Choose the card value ($10, $50, $100, etc.)
Choose how you want to pay (bank transfer, wallet, etc.)
Confirm purchase
Once successful, your PSN card code is delivered instantly via email.
How to Redeem a PlayStation Gift Card
You can redeem your PSN card from your console or mobile. Here’s how:
On PS5 or PS4:
Go to Settings
Scroll to Users and Accounts
Select Account > Payments and Subscriptions
Tap Redeem Code
Enter the 12-digit code
Tap Redeem
On Mobile or PC:
Visit store.playstation.com
Sign in to your PSN account
Click your profile > Redeem Code
Enter your gift card code
Click Redeem
Your wallet will be topped up immediately.
How Much is a PlayStation Gift Card in Naira?
It depends on the card country, market demand, and dollar exchange rate.
Here’s a rough estimate:
Card Type | Naira Value (Estimated) |
$10 PSN (USA) | ₦15,000 – ₦20,000 |
$50 PSN (USA) | ₦80,000 – ₦94,000 |
£20 PSN (UK) | ₦40,000 – ₦50,000 |
For current rates, use the Ridima Gift Card Calculator.
Can You Sell PlayStation Gift Cards on Ridima?
Yes, you can also sell PSN cards on Ridima and get paid in Naira.
Open Ridima
Tap “Sell Gift Card”
Select PlayStation
Upload the code and details
Get paid after quick verification
Perfect if you were gifted one or just want to cash out.
FAQs About PlayStation Gift Cards in Nigeria
Can I Use a US PlayStation Card in Nigeria?
Yes! As long as your PlayStation account is registered in the US, you can use a US PSN card from anywhere.
Do PSN Cards Expire?
No, they don’t expire. Use them whenever you’re ready.
Can I Buy a PSN Gift Card with Naira?
Yes, Ridima allows you to pay in Naira and get your card instantly.
Are PSN Cards Safe to Buy Online?
Only if you use a verified platform like Ridima. Avoid black market sellers.
What’s the Minimum Card Value?
Most platforms (including Ridima) allow you to buy as low as $10.
Conclusion
PlayStation gift cards make your gaming life easier. No bank issues. No payment errors. No stress.
Whether you want to upgrade your console experience, grab the latest game, or simply send someone a gaming gift—PSN cards are the way to go.
And if you’re in Nigeria? Ridima is your most reliable plug.
Download the Ridima App today and start buying PlayStation gift cards instantly—fast, secure, and 100% digital.
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Business
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