Felix Komuo

Felix Komuo is the founder and editor of MoneyTrut, a personal finance and money publication focused on making financial topics easier to understand and apply in everyday life. With a professional background in engineering and a practical, analytical approach to problem-solving, Felix focuses on breaking down complex financial topics into clear, useful information. At MoneyTrut, he covers personal finance, saving, investing, banking, business and financial consumer issues, with particular attention to practical examples, numbers and real-world situations. MoneyTrut provides general educational information and is not a substitute for personalized financial, investment, tax or legal advice.

Banking

How to Block a Lost or Stolen ATM Card in Nigeria

Felix Komuo Sep 22, 2026, 9:51 PM Sep 22, 2026, 9:51 PM

Contact your bank immediately if your ATM card is lost or stolen. Ask the bank to block, hotlist or deactivate the card. Use only your bank's official customer-service channels. If your phone was also stolen, secure your mobile banking and SIM immediately. Check your account for transactions you do not recognise. Report unauthorised transactions to your bank as soon as possible. Never give anyone your ATM PIN, OTP, password or authentication code. If an ATM retains your card, contact your bank rather than assuming the card will be returned automatically. Request a replacement card after securing the lost one. Keep your complaint or service reference for future follow-up.

Banking

How to Reverse a Wrong Bank Transfer in Nigeria

Felix Komuo Sep 22, 2026, 9:37 PM Sep 22, 2026, 9:41 PM

Contact your bank or financial institution immediately after discovering the wrong transfer. Keep the transaction receipt, reference number, date, amount and...

Business

How to Start a Car Rental Business in Nigeria

Felix Komuo Sep 22, 2026, 4:18 PM Sep 22, 2026, 4:18 PM

You can start a car rental business with one vehicle rather than building a fleet immediately. Chauffeur-driven rentals, corporate transportation, airport...

Business

How to Start a Printing Business in Nigeria

Felix Komuo Sep 21, 2026, 9:36 PM Sep 21, 2026, 9:50 PM

A printing business produces printed materials for individuals, businesses, schools, churches, event organisers, government organisations and other customers. Depending on your...

Business

How to Start a Videography Business in Nigeria

Felix Komuo Sep 20, 2026, 8:40 PM Sep 20, 2026, 8:40 PM

A videography business provides professional video production services to individuals, businesses, event organisers, property owners, creators and other organisations. You can...

Business

How to Start a Photography Business in Nigeria

Felix Komuo Sep 20, 2026, 8:28 PM Sep 20, 2026, 8:32 PM

A photography business can serve several markets in Nigeria, including weddings, birthdays, corporate events, portraits, products, real estate, social media content and family photography. You do not need to serve every market when starting. Choosing a specific niche can make it easier to build a portfolio, market your services and understand what customers are willing to pay. Your major costs may include cameras, lenses, lighting, batteries, memory cards, computers, editing software, transportation, studio space and marketing. You can reduce your initial capital requirement by renting equipment, working as a second photographer, using equipment you already own or starting with a smartphone-based service where appropriate. Recent Nigerian photography-business coverage continues to highlight event photography, commercial work and product photography as distinct opportunities, while industry events in 2026 are also bringing photographers and other creative businesses together.

Business

How to Start a Catering Business in Nigeria

Felix Komuo Sep 20, 2026, 5:57 PM Sep 20, 2026, 6:36 PM

A catering business provides prepared food and related services to individuals, offices, parties, weddings, meetings, schools, restaurants and other customers. You...

Business

How to Start a Frozen Food Business in Nigeria

Felix Komuo Sep 20, 2026, 12:08 AM Sep 20, 2026, 12:12 AM

A frozen food business involves buying and selling frozen products such as chicken, turkey, fish, seafood and other frozen foods...

Business

How to Start a Phone Accessories Business in Nigeria

Felix Komuo Sep 19, 2026, 10:57 PM Sep 19, 2026, 11:00 PM

A phone accessories business involves buying and reselling products such as chargers, USB cables, phone cases, screen protectors, earphones, power...

Business

How to Start an Agricultural Produce Trading Business in Nigeria

Felix Komuo Sep 19, 2026, 10:41 PM Sep 19, 2026, 10:47 PM

To start an agricultural produce trading business in Nigeria, choose a specific commodity and market before committing your money. Identify...