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Ozioma Victory
Ozioma Victory
Asked: March 31, 2026In: FINANCIAL LITERACY

“Should beginners focus on maximizing returns, or minimizing mistakes in their first ₦1,000,000 investment?”

“Should beginners focus on maximizing returns, or minimizing mistakes in their first ₦1,000,000 investment?”

everyone
2
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  • 2 2 Answers
Peculiar
Peculiar
Asked: March 31, 2026In: TAXATION & COMPLIANCE

Why is tax filing for personal income starting this year instead of 2027 under the new tax law?

Hi Iking I have heard this a lot but I sincerely don’t understand. The new tax law took effect this January 2026, which means that our first tax filing will be due next year. So, why are we filing ...Read more

firs rulespersonal income taxpittax
4
  • 0
  • 4 4 Answers
Wendpenka
Wendpenka
Asked: March 30, 2026In: FINANCIAL TECHNOLOGY (FINTECH)

How do I use the bamboo app in Ghana to access Nigerian stock ?

I downloaded the bamboo app in Ghana went through the registration and KCY.After I login I can’t find Nigerian stock only US stock.Is it that I didn’t go through the registration well.Is there any app I can use in Ghana ...Read more

bamboo app ghananigerian stocks ngx
1
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  • 1 1 Answer
Fokona Community
Fokona CommunityCommunity Desk
Asked: March 30, 2026In: INSURANCE & RISK MANAGEMENT

Is Insurance Really a Scam in Nigeria or Why Do Many People Struggle to Get Their Claims Paid?

A member of our community asked: “I have been seeing a lot of people saying insurance companies in Nigeria are scams and that they don’t pay claims when something happens. Some people even said it is better to just save ...Read more

insurance in nigeriarisk management
4
  • 10
  • 4 4 Answers
Rephaiah
Rephaiah
Asked: March 30, 2026In: TAXATION & COMPLIANCE

How Is Tax Applied on Mutual Fund Interest in Nigeria When Earnings Are Reinvested Quarterly?

1. If interest on mutual funds are reinvested quarterly and I want to withdraw my capital before the quarterly reinvestment of the interest, will I be taxed on my initial deposit? 2. The 10% tax on interest in a mutual ...Read more

mutual funds nigeriatax on investment nigeria
2
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Aseimo simeon
Aseimo simeon
Asked: March 30, 2026In: FINANCIAL LITERACY

Can Fokona Be Listed on the Nigerian Stock Exchange (NGX) in the Future?

Iking Ferry sir, you make boost of Fokana been a multi billion company in the future. My question is that will Fokana be added in The Nigeria stock exchanges so that people can buy shares.

fokonangx listing nigeria
2
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  • 2 2 Answers
Anonymous
Anonymous
Asked: March 30, 2026In: TAXATION & COMPLIANCE

Do New Employees in Lagos State Nigeria Need to File Personal Income Tax Before Receiving Their First Salary?

Sir, will someone that just got fully employed by the Lagos state government also file his tax? His yet to be paid any salary or even gotten any tax ID yet. How would such person go about it without facing ...Read more

lagos state taxpaye tax nigeriapit filing nigeriatin registration nigeria
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