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Home»Questions»Page 37

Finance Questions, Loans, Insurance & Investment Advice Latest Questions

Augusta
AugustaEnlightened Mentor
Asked: April 20, 2026In: Money & Business

An expenses you cut and it does save you the most money?

What’s that one  expense you cut that saved you the most money monthly?How much did you save?

What’s that one  expense you cut that saved you the most money monthly?How much did you save?

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  1. Avarose
    Avarose Enlightened Mentor
    Added an answer on April 23, 2026 at 6:19 am

    One of the biggest money-saving cuts for many people is unnecessary subscriptions like multiple streaming services, apps, or memberships you barely use. Canceling just a few of these can easily save a noticeable amount each month without affecting daily life. Another big one is frequent eating out oRead more

    One of the biggest money-saving cuts for many people is unnecessary subscriptions like multiple streaming services, apps, or memberships you barely use. Canceling just a few of these can easily save a noticeable amount each month without affecting daily life. Another big one is frequent eating out or takeaway coffee, which adds up much faster than people realize. Even small cuts in these areas can free up a surprising amount of monthly savings when tracked consistently.

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Aliko3211
Aliko3211
Asked: April 19, 2026In: Jobs, Career & Freelancing

How to be a professional freelancer?

Becoming a professional freelancer isn’t just about doing small online jobs—it’s about building skills, trust, and consistent income. Here’s a simple, clear guide: 1. Choose a Skill (Very Important) Don’t try to do everything. Pick one skill and get good at it: Data ...Read more

Becoming a professional freelancer isn’t just about doing small online jobs—it’s about building skills, trust, and consistent income. Here’s a simple, clear guide:

1. Choose a Skill (Very Important)

Don’t try to do everything. Pick one skill and get good at it:

Data entry / virtual assistant

Writing (articles, blogs)

Graphic design

Social media management

Translation

Copy & paste / microtasks (good for beginners)

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  1. aboy01
    aboy01 Trusted Adviser Digital Entrepreneur | Knowledge Sharer | Smart Income Mentor
    Added an answer on May 1, 2026 at 8:44 am

    When you want to become a successful freelancer, you need to concentrate, practice, and earn trust. Start by choosing a skill to focus on, such as writing, graphic design, or virtual assistance, and become really good at it. Develop some samples to showcase your talent. Next, sign up on platforms liRead more

    When you want to become a successful freelancer, you need to concentrate, practice, and earn trust. Start by choosing a skill to focus on, such as writing, graphic design, or virtual assistance, and become really good at it. Develop some samples to showcase your talent. Next, sign up on platforms like Upwork or Fiverr to connect with potential clients. Make sure to consistently deliver high-quality work, communicate effectively, and maintain a reliable workflow. As you receive positive reviews, consider raising your rates and honing your expertise. Eventually, you’ll establish a stable income stream and a solid reputation in the field.

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Aliko3211
Aliko3211
Asked: April 19, 2026In: Government Programs & Legal Help

How to escape when you were kidnapped?

 I can’t give step-by-step instructions on how to escape a kidnapping. But here are important safety tips that can help you stay safe and increase your chances of survival: If something like this happens: Stay as calm as possible and avoid actions ...Read more

 I can’t give step-by-step instructions on how to escape a kidnapping. But here are important safety tips that can help you stay safe and increase your chances of survival:

If something like this happens:

Stay as calm as possible and avoid actions that could escalate danger.

Cooperate when necessary to protect your life.

Try to observe details (voices, locations, time, surroundings) that may help authorities later.

If a safe opportunity appears, try to alert others or call for help.

After you’re safe, report immediately to the police or authorities.

To reduce risk beforehand:

Always tell someone your location or plans.

Avoid isolated or unsafe areas, especially at night.

Be aware of your surroundings and the people around you.

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  1. eldavis
    eldavis Enlightened Mentor Graphic designer
    Added an answer on May 18, 2026 at 11:04 am

    This could involve understanding how to assess the situation, finding opportunities to escape, and knowing how to seek help once free. The question is framed in a past tense context ("were kidnapped"), suggesting it might be asking for advice based on past experiences or hypothetical scenarios. It'sRead more

    This could involve understanding how to assess the situation, finding opportunities to escape, and knowing how to seek help once free. The question is framed in a past tense context (“were kidnapped”), suggesting it might be asking for advice based on past experiences or hypothetical scenarios. It’s best to prevent being kidnapped than finding how to escape. 

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Augusta
AugustaEnlightened Mentor
Asked: April 19, 2026In: Loan and Debt Help

Paying back loan money borrowed by one's parents

Should one returned back money one got from his or her parents as loan. Shouldn’t the parents forgo this?

Should one returned back money one got from his or her parents as loan. Shouldn’t the parents forgo this?

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  1. Igwe Emmanuel Enoch
    Igwe Emmanuel Enoch
    Added an answer on April 21, 2026 at 10:10 pm

    It depends on the agreement before the money was given to you 

    It depends on the agreement before the money was given to you 

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Augusta
AugustaEnlightened Mentor
Asked: April 19, 2026In: Loan and Debt Help

Is it worthwhile marrying one with a huge loan debt

If one is dating and gets a marriage proposal but found out the partner is in heavy debt. Is it still okay to proceed with marrying the person?

If one is dating and gets a marriage proposal but found out the partner is in heavy debt. Is it still okay to proceed with marrying the person?

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  1. Avarose
    Avarose Enlightened Mentor
    Added an answer on April 20, 2026 at 5:15 am

    It can still be okay to proceed, but only if you fully understand the situation and are comfortable with it. Debt itself isn’t a character flaw it matters why the debt exists, whether the person is responsible with money now, and if they have a clear plan to manage or repay it. What’s not okay is goRead more

    It can still be okay to proceed, but only if you fully understand the situation and are comfortable with it. Debt itself isn’t a character flaw it matters why the debt exists, whether the person is responsible with money now, and if they have a clear plan to manage or repay it. What’s not okay is going in blindly or hoping it will “work itself out” after marriage. Financial stress can seriously affect a relationship, so honesty and transparency are key. If they are open, responsible, and you’re both aligned on how to handle it, it can be workable if there’s secrecy or poor financial habits, that’s a serious warning sign.

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Augusta
AugustaEnlightened Mentor
Asked: April 19, 2026In: Loan and Debt Help

Is it ethical to ghost a loan app that defamed you

Some loan apps are fond of defaming one to your contact if you missed their repayment period. Do you think you should ghost them if they do this and how ethical is this?

Some loan apps are fond of defaming one to your contact if you missed their repayment period. Do you think you should ghost them if they do this and how ethical is this?

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  1. aboy01
    aboy01 Trusted Adviser Digital Entrepreneur | Knowledge Sharer | Smart Income Mentor
    Added an answer on May 8, 2026 at 7:49 am

    When a loan app starts bothering borrowers by reaching out to their friends and family, that's just not right. It could even break privacy or consumer protection laws. But, cutting off all contact with the app could lead to legal and money troubles for you. The best thing to do is keep a record of tRead more

    When a loan app starts bothering borrowers by reaching out to their friends and family, that’s just not right. It could even break privacy or consumer protection laws. But, cutting off all contact with the app could lead to legal and money troubles for you. The best thing to do is keep a record of the harassment, let the authorities know about the app’s behavior, stop any abusive communication, and try to work out a repayment plan if you can. It’s important to remember that it’s not okay to retaliate, but borrowers should always be treated with respect and fairness.

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Augusta
AugustaEnlightened Mentor
Asked: April 19, 2026In: Loan and Debt Help

Taking a loan to help a sibling go overseas

Sometimes we might have the avenue to assist a sibling travel overseas. Do you think it makes sense to do even when we know the said sibling might not want to pay back the loan?

Sometimes we might have the avenue to assist a sibling travel overseas. Do you think it makes sense to do even when we know the said sibling might not want to pay back the loan?

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  1. Avarose
    Avarose Enlightened Mentor
    Added an answer on April 20, 2026 at 5:17 am

    Taking a loan for a sibling’s overseas plans is only worth it if you can honestly afford to treat it as a gift, not a loan. If you already suspect they won’t repay you, borrowing money in your own name creates risk, stress, and possible long-term resentment. Family help is meaningful, but it shouldRead more

    Taking a loan for a sibling’s overseas plans is only worth it if you can honestly afford to treat it as a gift, not a loan. If you already suspect they won’t repay you, borrowing money in your own name creates risk, stress, and possible long-term resentment. Family help is meaningful, but it should not put you in financial harm or depend on unreliable repayment. A better approach is to either support them within your means, help them find scholarships or legal financing, or set very clear written expectations if you still choose to lend. If repayment is uncertain, don’t rely on it base your decision on what you can safely carry yourself.

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Brumi Kom
Brumi KomNewcomer
Asked: April 19, 2026In: Banks, Cards & Fintech Help

Is Xchange Ltd – exchange.com.ng Legit? PayPal to Naira exchange

I want to know if Xchange Ltd. (xchange.com.ng) is legit. Because I am planning to use the site, but it doesn’t look real to me with the Play Store reviews on the app. 

I want to know if Xchange Ltd. (xchange.com.ng) is legit. Because I am planning to use the site, but it doesn’t look real to me with the Play Store reviews on the app. 

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  1. Fecoms
    Best Answer
    Fecoms Newcomer A new owner with strategic vision
    Added an answer on April 19, 2026 at 9:16 am
    This answer was edited.

    Based on what you described, that’s classic scam / fake exchange behavior. A legit PayPal-to-naira exchanger might delay payment because of PayPal holds, but they will not ignore you completely reject calls repeatedly go offline after collecting funds mark your transaction as “Timeout” with no propeRead more

    Based on what you described, that’s classic scam / fake exchange behavior.

    A legit PayPal-to-naira exchanger might delay payment because of PayPal holds, but they will not

    • ignore you completely
    • reject calls repeatedly
    • go offline after collecting funds
    • mark your transaction as “Timeout” with no proper explanation
    • claim “24/7 support” but disappear
    • have fake Play Store reviews like “Nice app 👍” with no real transaction proof

    That “PayPal will release it on 9/05/2026” excuse is also very suspicious. If PayPal placed a hold, they should show you evidence (PayPal transaction status screenshot, tracking ID, dispute reason, and hold reason). Not just talk.

    And the “pending for 45 minutes then timeout” is another red flag—real platforms don’t do that after receiving money.

    The painful truth

    If they received the PayPal funds and didn’t pay you, you were scammed.
    Not “maybe”. Not “likely”. That is scam behavior.

    What you should do immediately (before it’s too late)

    1. Open a PayPal dispute NOW

    Go to PayPal → Resolution Center

    • Report the transaction as Unauthorized (if applicable) or Item not received / service not provided.
    • Choose: “I paid for a service but didn’t get it.”

    If you paid as Friends & Family, recovery is harder, but still report it.

    2. Escalate it to a claim

    Do not stop at dispute. Escalate to a claim quickly so PayPal can investigate.

    3. Screenshot everything

    Gather evidence:

    • their website transaction showing Timeout
    • your chat messages unanswered
    • call logs showing rejected calls
    • PayPal payment proof
    • their exchange rate page
    • their “24/7 support” claim

    This strengthens your PayPal case.

    4. Report their WhatsApp number

    Report the WhatsApp contact for fraud.

    5. Report the website publicly

    This is important:

    • Google reviews (if any)
    • Nairaland thread
    • Trustpilot review (even if they’re not there)
    • Facebook groups (PayPal Nigeria, Crypto Nigeria, etc.)

    Because like you said, the problem is they have no real online footprint, so people keep falling for it.

    About their fake Play Store reviews

    You’re right. Those reviews like:

    • “Good”
    • “Nice”
    • “Wow”
    • “Thanks”
      are typical paid/fake reviews. Real users mention:
    • how long payout took
    • bank name
    • exact rate
    • issues faced

    When reviews have no transaction details, it’s usually manipulation.

    Avoid xchange.com.ng completely.
    If you want to exchange PayPal funds, use platforms where you can hold sellers accountable (P2P escrow systems) or use trusted exchangers with strong public reputations.

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Suleiman Yakubu
Suleiman Yakubu
Asked: April 16, 2026In: Banks, Cards & Fintech Help

Best way to receive PayPal money in a Nigerian bank account (2026 update)

The best way to get PayPal money into a Nigerian bank account (2026 update)

The best way to get PayPal money into a Nigerian bank account (2026 update)

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Tered
TeredNewcomer
Asked: April 16, 2026In: Crypto & Forex

Can I use PayPal to buy crypto on Bybit?

Is it possible to buy crypto on Bybit with PayPal?

Is it possible to buy crypto on Bybit with PayPal?

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  1. Suleiman Yakubu
    Suleiman Yakubu
    Added an answer on April 18, 2026 at 12:28 am

    I tried this approach: I couldn't link my PayPal account to the "Buy Crypto → One-Click Buy" option on Bybit because it only works with third-party services like Banxa or MoonPay, which don't list PayPal for Nigerians. So P2P is the way to get around it.

    I tried this approach: I couldn’t link my PayPal account to the “Buy Crypto → One-Click Buy” option on Bybit because it only works with third-party services like Banxa or MoonPay, which don’t list PayPal for Nigerians. So P2P is the way to get around it.

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