Banking: Accounts, Cards, Loans & Fintech

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 POS Business in Nigeria: Capital, Requirements, Profit and How It Works

Felix Komuo Sep 13, 2026, 9:31 PM Sep 13, 2026, 9:46 PM

Starting a POS business in Nigeria involves more than getting a POS terminal and finding a busy location. You need enough...

Banking

How Bank Transfers Work in Nigeria: NIP, USSD, Mobile Banking and What Happens When a Transfer Fails

Felix Komuo Sep 9, 2026, 4:54 PM Sep 9, 2026, 5:08 PM

Bank transfers have become one of the most common ways Nigerians send and receive money, but many people do not...

Banking

How to Get a Bank Statement in Nigeria and What It Is Used For

Felix Komuo Sep 8, 2026, 5:05 AM Sep 8, 2026, 7:46 AM

A bank statement is a record of transactions and activity on a bank account over a specific period. It can...

Banking

How to Choose the Right Bank Account in Nigeria

Felix Komuo Sep 4, 2026, 7:03 PM Sep 4, 2026, 7:23 PM

The best bank account is not necessarily the one with the highest advertised interest rate or the most features. It is the account that fits your income, spending habits, savings goals and transaction needs.

Banking

How to Avoid Unnecessary Bank Charges in Nigeria

Felix Komuo Aug 31, 2026, 7:51 AM Aug 31, 2026, 8:00 AM

Bank charges can quietly reduce your money over time. Learn how to identify unnecessary fees, reduce avoidable costs, check current...

Banking

Savings Account vs Fixed Deposit: Which Is Better?

Felix Komuo Aug 31, 2026, 7:29 AM Aug 31, 2026, 7:41 AM

A savings account and fixed deposit serve different purposes. This guide explains accessibility, interest, emergency savings, early withdrawal, NDIC deposit...

Banking

How Much Money Should You Keep in Your Savings Account?

Felix Komuo Aug 30, 2026, 11:56 AM Aug 30, 2026, 12:01 PM

There's no single savings balance that works for everyone. Learn how to decide how much cash to keep for everyday...