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Augusta
AugustaEnlightened Mentor
Asked: May 4, 2026In:

  1. eldavis
    eldavis Enlightened Mentor Graphic designer

    One of the major things that can affect your credit score is delayed payment. Yes you actually made the payment which is good, but delaying the payment can have a negative effect on your credit score. Another thing that can have a negative effect on your credit score is not paying the loan at all, oRead more

    One of the major things that can affect your credit score is delayed payment. Yes you actually made the payment which is good, but delaying the payment can have a negative effect on your credit score. Another thing that can have a negative effect on your credit score is not paying the loan at all, or even having a negative public review about you could also affect it. 

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Lil nigg
Lil niggNewcomer
Asked: May 2, 2026In:

  1. eldavis
    eldavis Enlightened Mentor Graphic designer

    For a while now PayPal in Nigeria has been limited to just sending money. Which means why you could open a PayPal account, you could only send money and not receive from others. Currently in 2026, things have changed. With a Nigerian PayPal account, you can easily send and receive money from outsideRead more

    For a while now PayPal in Nigeria has been limited to just sending money. Which means why you could open a PayPal account, you could only send money and not receive from others. 

    Currently in 2026, things have changed. With a Nigerian PayPal account, you can easily send and receive money from outside the country, but to be able to break this limitation, you need to link your PayPal account to a paga account. 

    Recently paga ( a payment processing platform in Nigeria) went into partnership with PayPal, hence you can easily link your PayPal account to your paga account, which allows you to receive money and also easily convert it to naira and it gets sent directly to your paga account, and then you can withdraw to your bank account. 

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aboy01
aboy01Trusted Adviser
Asked: May 2, 2026In:

  1. Avarose
    Avarose Enlightened Mentor

    Using a bank as your investment agent is basically letting them manage or guide your money into safer options like savings plans, fixed deposits, or mutual funds. You start by opening an account and asking about their investment products, then choose one based on how much risk you can handle. The beRead more

    Using a bank as your investment agent is basically letting them manage or guide your money into safer options like savings plans, fixed deposits, or mutual funds. You start by opening an account and asking about their investment products, then choose one based on how much risk you can handle. The benefit is it’s more secure and less stressful than doing everything yourself, but the downside is returns are usually lower and there may be fees. It’s a good option if you want steady growth without constantly monitoring the market, especially as a beginner.

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Ibiwari George
Ibiwari GeorgeNewcomer
Asked: May 1, 2026In:

  1. Omene Odin
    Omene Odin Newcomer

    Many people online sell “verified foreign PayPal accounts”, but most of them are stolen or fake. If you buy one and PayPal asks for documents, your money is gone. I’ve seen people lose their PayPal balance because the account got permanently limited. It’s better to use legit alternatives than to gamRead more

    Many people online sell “verified foreign PayPal accounts”, but most of them are stolen or fake. If you buy one and PayPal asks for documents, your money is gone. I’ve seen people lose their PayPal balance because the account got permanently limited. It’s better to use legit alternatives than to gamble with PayPal.

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Augusta
AugustaEnlightened Mentor
Asked: April 30, 2026In:

If your ATM card gets stolen or missing in Nigeria. How do you get a new one easily?

  1. eldavis
    eldavis Enlightened Mentor Graphic designer

    In a situation where your ATM card was stolen, the only way to get a new one is by going to the bank. The first thing to do is go to the bank and report your card was stolen, this way they can easily block the card, or in most cases, you can actually call the bank or use your bank USSD code to quickRead more

    In a situation where your ATM card was stolen, the only way to get a new one is by going to the bank. The first thing to do is go to the bank and report your card was stolen, this way they can easily block the card, or in most cases, you can actually call the bank or use your bank USSD code to quickly block the card immediately it was stolen, this would prevent the thief from being able to use it. The next step is to go to the bank and request a new one. They might give you a form to fill. 

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Augusta
AugustaEnlightened Mentor
Asked: May 1, 2026In:

Have you ever gotten money through Paypal Xoom as a Nigerian. What was the experience like?

  1. eldavis
    eldavis Enlightened Mentor Graphic designer

    I have received money through PayPal xoom two times now, and i must say, the experience was pretty okay and fast. You need to ensure the person who is sending the money needs to use your correct name that is in your identity card, and also send you the transaction number. This is what the bank needsRead more

    I have received money through PayPal xoom two times now, and i must say, the experience was pretty okay and fast. You need to ensure the person who is sending the money needs to use your correct name that is in your identity card, and also send you the transaction number. This is what the bank needs to confirm the transaction. In Nigeria, the money comes in through RIA. So ensure you tell the bank ria and not PayPal xoom. 

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Augusta
AugustaEnlightened Mentor
Asked: April 26, 2026In:

I do sometimes go to withdraw money from a nearby ATM or pos and noticed that my debit card would be declining but would later respond after a while what could be causing this initial declined?

  1. eldavis
    eldavis Enlightened Mentor Graphic designer

    There are actually several reasons as to why most debit cards might not respond. In most cases, it could be due to a technical issue with the card reader or the payment system. Then if it's an old card, it's also possible that the card is worn out or faulty which is why it has become hard for it toRead more

    There are actually several reasons as to why most debit cards might not respond. In most cases, it could be due to a technical issue with the card reader or the payment system. Then if it’s an old card, it’s also possible that the card is worn out or faulty which is why it has become hard for it to read correctly. Then it could simply be network issue from the bank itself. In such case, you can easily try again after awhile. 

     

     

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