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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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Joseph Anthony
Joseph Anthony
Asked: August 25, 2026In: BANKING & FINANCIAL SERVICES

What is the difference between Financial Institutions and money Market?

Give a distinct explanation of the two subject matters. Financial Institutions and money Market.

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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.

debited
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Johnson
Johnson
Asked: March 22, 2026In: BANKING & FINANCIAL SERVICES

Does InvestNaija Automatically Register E-Dividend Mandate for Stock Investors in Nigeria?

Buying shares in investnaija automatically fill E-dividend mandate or I will fill it separately? I do know if it is done? Where to go about it ?

e-dividendinvestnaijangx
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Wealthy234
Wealthy234
Asked: August 26, 2026In: BANKING & FINANCIAL SERVICES

How can I start investing? I am currently saving up so I can start investing in stocks and shares. I can only save 20k maximum monthly

I want to start investing but my current salary is not much. I want to start by saving in piggyvest monthly . Then in 5 months time, I can start investing. Is it wise as an investor to start that ...Read more

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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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Eze Divinefavor
Eze Divinefavor
Asked: May 17, 2026In: BANKING & FINANCIAL SERVICES

What Does the CBN Cash Reserve Ratio Mean for Nigerian Banks and Investors?

Nigeria’s banking sector may be losing trillions of naira annually due to the Central Bank of Nigeria’s (CBN) high Cash Reserve Ratio (CRR), according to a new report by investment banking and research firm Chapel Hill Denham. The report ...Read more

bank profitabilitycash reserve ratiocbn crrmonetary policynigerian banks
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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

banking terms nigeriainheritance nigeria bankingnext of kin nigeria
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Apostlesmessages
Apostlesmessages
Asked: August 26, 2026In: BANKING & FINANCIAL SERVICES

What is money and what is money ment to do

What is money and what is money ment to do

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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 do you 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

bank loan nigeriadebt management nigerialoanloan default nigeria
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Oluchi Nwabueze
Oluchi Nwabueze
Asked: May 21, 2026In: BANKING & FINANCIAL SERVICES

How Can Parents Open a Bank Account for Toddlers and Young Children?

How can I open account for my toddlers

banking for kidschildren savings accounttoddler bank account
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