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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

Nwachukwu Blessing
Nwachukwu Blessing
Asked: July 28, 2025In: Banks, Cards & Fintech Help

How much can I make daily from POS business in Lagos?

pospos businesspos business in lagospos lagos
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  1. De Mogul
    De Mogul Expert Mind A student
    Added an answer on August 11, 2025 at 6:17 pm

    A lot of money can be made by being a pos agent wherever you are bought it all depends on the population of the people in your neighborhood and also how you treat your customers because there are the one that will introduce more customers to you.   You have to make sure that the locality that yRead more

    A lot of money can be made by being a pos agent wherever you are bought it all depends on the population of the people in your neighborhood and also how you treat your customers because there are the one that will introduce more customers to you.

     

    You have to make sure that the locality that you choose for your business is a very lucrative and busy area which is the best place to get customers

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Aphodia
AphodiaActive Contributor
Asked: August 8, 2025In: Banks, Cards & Fintech Help

Which Nigerian Bank is the best to bank with?

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  1. Noble
    Noble Newcomer
    Added an answer on February 24, 2026 at 3:29 am

    No bank in Nigeria is best or superior. I don't know how good the country is favouring bankers because I can't just imagine how a customer Will come and you will not give him a welcome smile, that apart.   If we are to vote for the best bank i vote for E-banking they save lots of stress LatelyRead more

    No bank in Nigeria is best or superior.

    I don’t know how good the country is favouring bankers because I can’t just imagine how a customer Will come and you will not give him a welcome smile, that apart.

     

    If we are to vote for the best bank i vote for E-banking they save lots of stress

    Lately Nigeria banks are feeding on their customer because I don’t know how debiting your own customer go dey sweet you for body

    Its very annoying, they can do better.

    Nigeria banks and network is 5&6 meaning they’re very good friends he

    Money hanging on the air is another thing

    E banking for now

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Ibiwari George
Ibiwari GeorgeNewcomer
Asked: July 28, 2025In: Banks, Cards & Fintech Help

Why is NIN validation delaying my SIM registration?

ninnin validationsim registration
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  1. Carpon
    Carpon Expert Mind Hustler
    Added an answer on August 10, 2025 at 11:39 am

    Since the government implemented this rule that you need to use your NIN for sim registration does become quite complicated to register because I have noticed that the network from NIMax is very poor and delays most processes. Do you know that that was how I got my SIM blocked? I was sent a messageRead more

    Since the government implemented this rule that you need to use your NIN for sim registration does become quite complicated to register because I have noticed that the network from NIMax is very poor and delays most processes.

    Do you know that that was how I got my SIM blocked? I was sent a message to go and register my SIM once again and any date that I go to the office they will always complain of no network and I went there for like 3 days till the finally block my SIM and now I cannot use it

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Okon Edidiong
Okon EdidiongNewcomer
Asked: August 11, 2025In: Banks, Cards & Fintech Help

How to apply for a NIN slip online without visiting the registration center?

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  1. Fecoms
    Fecoms Newcomer A new owner with strategic vision
    Added an answer on April 11, 2026 at 10:44 am

    To be honest, you cannot fully apply for a NIN slip online without eventually going to a registration center. What you can do online is the pre-enrollment part, which just makes the process faster when you get there. Here’s how it works: Go to the official NIMC pre-enrolment portal Fill in your persRead more

    To be honest, you cannot fully apply for a NIN slip online without eventually going to a registration center.

    What you can do online is the pre-enrollment part, which just makes the process faster when you get there.

    Here’s how it works:

    1. Go to the official NIMC pre-enrolment portal
    2. Fill in your personal details online
    3. Submit and print your pre-enrolment slip
    4. Take the slip to a nearby NIN enrolment centre for biometrics (fingerprints + photo)

    After that is done, your NIN is generated.

    Important point:

    Even though parts of the process are online, the biometric capture must be done physically at a center. There is no fully online-only NIN registration in Nigeria.

    If you already have a NIN and just need the slip, then you can also reprint it online through the official NIMC service portal without going back to the center.

    So in short: online helps, but it doesn’t replace the registration center.

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Augusta
AugustaEnlightened Mentor
Asked: September 17, 2025In: Banks, Cards & Fintech Help

What are the risks associated with digital banking

Are they risk one encountered with digital banking. What are the risks associated with digital banking?

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  1. Musab
    Musab Active Contributor
    Added an answer on October 1, 2025 at 6:32 pm

    Digital banking carries risks that small businesses must navigate carefully. Cyber security threats, like hacking or phishing, can compromise sensitive financial data, requiring strong passwords and two factor authentication. System outages may disrupt access to funds, impacting operations, similarRead more

    Digital banking carries risks that small businesses must navigate carefully. Cyber security threats, like hacking or phishing, can compromise sensitive financial data, requiring strong passwords and two factor authentication. System outages may disrupt access to funds, impacting operations, similar to delays in business adaptability. Fraud risks, such as unauthorized transactions, demand vigilant monitoring of accounts. Data privacy breaches can expose customer or business information, eroding trust, akin to betrayal in relationships. Technical errors, like incorrect transfers, may lead to financial loss if not quickly resolved.

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Ibiwari George
Ibiwari GeorgeNewcomer
Asked: July 28, 2025In: Banks, Cards & Fintech Help

My Opay account is blocked — how do I recover it?

accountbank accountblocked opay accountopayopay account is blocked
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  1. Rume Olias
    Rume Olias Newcomer
    Added an answer on July 31, 2025 at 11:02 pm

    You can recover a blocked Opay account by verifying your identity and contacting their support—resolution usually takes 24 to 48 hours. Answered by: Grace_Medina (Real user experience tone) I know how frustrating it is when your Opay account suddenly gets blocked. My cousin in Warri faced this lastRead more

    You can recover a blocked Opay account by verifying your identity and contacting their support—resolution usually takes 24 to 48 hours.

    Answered by: Grace_Medina (Real user experience tone)

    I know how frustrating it is when your Opay account suddenly gets blocked. My cousin in Warri faced this last year. His was due to password errors and an old SIM swap. But he fixed it in two days after doing these steps:

    1. Open the Opay app, go to Me > Support > Customer Service, and explain what happened. Attach a screenshot of the error.

    2. Or just call their hotline: 0700 888 8328. You can also message them on WhatsApp. Provide your full name, Opay phone number, and the BVN you used.

    3. If they ask for ID, upload your NIN slip or any valid ID to confirm you’re the real owner.

    4. Monitor your phone and email—support usually replies within 48 hours.

    If your account was flagged due to suspected fraud or wrong transfers, don’t rush to open a new one. Opay links accounts via BVN, so trying to outsmart the system might block you permanently.

    Plenty people don’t know say support dey respond faster if you give them all the info upfront. So no dull—just follow the process sharp-sharp.

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Carpon
CarponExpert Mind
Asked: August 9, 2025In: Banks, Cards & Fintech Help

Do you prefer transfer with USSD code, bank app or card

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  1. De Mogul
    De Mogul Expert Mind A student
    Added an answer on August 15, 2025 at 10:07 pm

    All forms of banking are where is it but I prefer some during a certain condition or scenario. When I don't have data and I'm at home I prefer using the USSD code to make a very fast payment and also purchase airtime. When I have data on my phone then I use the app to make very fast purchase especiaRead more

    All forms of banking are where is it but I prefer some during a certain condition or scenario.

    When I don’t have data and I’m at home I prefer using the USSD code to make a very fast payment and also purchase airtime.

    When I have data on my phone then I use the app to make very fast purchase especially for data and airtime also.
    When I go to the market I prefer using the ATM card because I don’t have to stress myself using my phone or removing it when I go to every shop

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Carpon
CarponExpert Mind
Asked: September 8, 2025In: Banks, Cards & Fintech Help

What are ways that content creators can make money

As a content creator which way is do you think I can take advantage of to make money

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  1. De Mogul
    De Mogul Expert Mind A student
    Added an answer on September 8, 2025 at 10:32 pm

    To make money on social media Is quiet simple but you have to put a lot effort in other to make a reasonable amount of money. If you are using a platform like Tiktok, Facebook or Instagram you can simply make alot of money but you have to really make for enough effort. You have to create quality conRead more

    To make money on social media Is quiet simple but you have to put a lot effort in other to make a reasonable amount of money.
    If you are using a platform like Tiktok, Facebook or Instagram you can simply make alot of money but you have to really make for enough effort.
    You have to create quality contents with less time.
    You have to have alot of fans and followers who engage in your contents

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De Mogul
De MogulExpert Mind
Asked: August 10, 2025In: Banks, Cards & Fintech Help

How to recover or change your transfer password, when you forget it

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  1. Augusta
    Augusta Enlightened Mentor
    Added an answer on October 17, 2025 at 2:40 pm

    This is why it is always important to write your password down on where you can easily accesd it because it might need it in the future but If you have forgotten your ATM/Debit Card PIN, you may request a new PIN through Online Banking. I think a lot of Nigerian banks are online now. You can do thisRead more

    This is why it is always important to write your password down on where you can easily accesd it because it might need it in the future but If you have forgotten your ATM/Debit Card PIN, you may request a new PIN through Online Banking. I think a lot of Nigerian banks are online now. You can do this change online.

    Another way might be by contacting a Customer Service Center  it is to search and get their current phone lines or social media platforms to write them. Better still email them for the information but if all else failed you can go to any physical branch office near you for the change.

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Okon Edidiong
Okon EdidiongNewcomer
Asked: August 11, 2025In: Banks, Cards & Fintech Help

How do I verify a bank account number to avoid fraud before sending money?

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  1. Maro Fex
    Maro Fex Newcomer
    Added an answer on August 17, 2025 at 9:04 am

    You can verify a bank account number in Nigeria using the NIBSS Bank Verification System. For example, if you want to send money to someone claiming to be in Abuja, you can go on your bank’s mobile app or use a USSD code like 5650# (for BVN-linked details) to confirm the account name matches the numRead more

    You can verify a bank account number in Nigeria using the NIBSS Bank Verification System. For example, if you want to send money to someone claiming to be in Abuja, you can go on your bank’s mobile app or use a USSD code like 5650# (for BVN-linked details) to confirm the account name matches the number provided.

    Apps like Paystack, Flutterwave, and Remita also have account verification tools—you just input the account number and bank, and it shows the registered account name. If the name displayed doesn’t tally with who you’re dealing with, that’s a red flag. Many people got scammed during the “Covid palliative food” era because they didn’t double-check before transferring, so always confirm first.

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