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Fokona Community
Fokona CommunityCommunity Desk
Asked: March 30, 2026In: FINANCIAL LITERACY

If I Invest ₦10 Million in FGN Bonds, Can I Use It to Get a Loan from the Bank Quickly?

One of our community members asked this question on to Iking Ferry: “If I invest ₦10 million in FGN Bonds and opportunity comes, can I walk into the bank with it as collateral and get a loan within ...Read more

fgn savings bondloan
3
  • 9
  • 3 3 Answers
Ugwunweze Chiagoziem Nicholas
Ugwunweze Chiagoziem NicholasBeginner
Asked: March 31, 2026In: BANKING & FINANCIAL SERVICES

Which Bank Is Best for Startup Businesses in Nigeria to Receive Both Local and International Payments?

For a startup business in Nigeria today, especially,or anywhere around the world,which bank do you recommend to this business, that is,a startup business,for them to use,inorder to accept both local transaction or payments,and foreign payment from customers? And why,are these ...Read more

business bank account nigeriafintech banking nigeriastartup banking nigeria
3
  • 0
  • 3 3 Answers
Mbonu Lucky
Mbonu Lucky
Asked: March 31, 2026In: TAXATION & COMPLIANCE

Under Nigeria Tax Administration Act, Who Collects Company Income Tax From Registered Limited Liability Companies in Nigeria?

Since state internal revenue service are the one that collect pit from employees and business owners. Who then collect Company income tax from businesses registered as entity and not as enterprise?

company income tax nigerianigeria tax administration act
2
  • 0
  • 2 2 Answers
Mbonu Lucky
Mbonu Lucky
Asked: March 31, 2026In: TAXATION & COMPLIANCE

Under the Nigeria Tax Administration Act, Who Collects Personal Income Tax: FIRS or State Internal Revenue Service?

Please which government sector saddled with the responsibility of collecting personal income tax, State internal revenue service or FIRS ?

firs nigerianigeria tax administration acttax
3
  • 0
  • 3 3 Answers
PapaNgozi
PapaNgozi
Asked: March 31, 2026In: FINANCIAL LITERACY

should Nigerians be worried about the continuous borrowings by the FGN ?

@BBC news reported this afternoon,(31-03-2026)that the Senate has approved $6 billions external debts request for the president. With this continuous borrowings, where does it place Nigeria, and what should Nigerians be asking the federal government at the moment.

external loans nigeriafgn borrowingnigeria debt
1
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  • 1 1 Answer
Adebiyi David
Adebiyi David
Asked: March 31, 2026In: TAXATION & COMPLIANCE

How Do I Register for Personal Income Tax in Plateau State Nigeria With the State Internal Revenue Service?

Please how do I register for my tax and make annual filing for Plateau State internal revenue service

personal income tax nigeriaplateau state taxtax
1
  • 0
  • 1 1 Answer
Chrysostom
Chrysostom
Asked: March 31, 2026In: FINANCIAL LITERACY

What Is the Value of Investment Knowledge Without a Stable Income Stream in Nigeria?

What is the use of investment knowledge when there is no income stream.

income streamsinvestment knowledgepersonal finance nigeriawealth building nigeria
3
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  • 3 3 Answers
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