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BANKING & FINANCIAL SERVICES

This section helps you understand how banking and financial services work in Nigeria. Learn about bank accounts, loans, credit systems, and digital financial tools. Ask questions and get answers to make better financial decisions.

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Fokona Latest Questions

Commy
Commy
Asked: April 4, 2026In: BANKING & FINANCIAL SERVICES

How do I stop loans I did not ask for?

I noticed that I was debited for a loan repayment but I never applied for a loan or get any alert for a loan. Please what should I do? I think I have been scammed.

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KufreDavid
KufreDavid
Asked: March 22, 2026In: BANKING & FINANCIAL SERVICES

What Is the Difference Between Next of Kin and Beneficiary in a Bank Account?

This is in respect to the banking industry. I want to know the difference between a next of kin and a beneficiary

bank accountquestion
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Melody pius
Melody pius
Asked: April 6, 2026In: BANKING & FINANCIAL SERVICES

What Is the Difference Between International and National Banks in Nigeria?

What’s the difference between international bank and national bank Is there any added advantage in banking with either of them

bank
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Anonymous
Anonymous
Asked: April 15, 2026In: BANKING & FINANCIAL SERVICES

Why Did My Bank Send a Loan Demand Notice in Nigeria? What to Do If You Can’t Repay on Time

Good afternoon sir, I saw your post about loan on your Facebook page and i still have further questions. I am into sales of agricultural machines and implements and sometimes last year I borrowed N10m From UBA. I was ...Read more

loan
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Ibeje Joseph
Ibeje Joseph
Asked: April 21, 2026In: BANKING & FINANCIAL SERVICES

Why is my Stanbic IBTC mutual fund account not credited after funding through the provided UBA account in Nigeria?

After opening a mutual money account with stanbic bank, another Uba account was written and given to me. I will have to fund the Uba account and then write my mutual account under narration before my mutual account will be ...Read more

investment funding issues
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OchePhem
OchePhem
Asked: April 22, 2026In: BANKING & FINANCIAL SERVICES

What is an institutional investment account and how does it work in Nigeria financial markets?

Is JPMorgan a member of institutional account? I need more details of it especially in Nigeria. Thanks

institutional investmentjpmorgannigeria financial markets
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Odisi Sunday Samuel
Odisi Sunday Samuel
Asked: March 23, 2026In: BANKING & FINANCIAL SERVICES

How Can I Open an Export Domiciliary Account in Nigeria?

How can one open an export domiciliary account

domiciliary account
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Muhammad munir Umar
Muhammad munir Umar
Asked: March 23, 2026In: BANKING & FINANCIAL SERVICES

Why Haven’t I Received Payment After Selling Shares on InvestNaija for Over 2 Weeks?

I sold some shares on invest nija app and yet to receive credit alert .on my bank for overr 2 weeks

investnaija
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