One of our Community members ask: Good day sir, I want to understand how interest rates work in money market mutual funds in Nigeria. For example: If I invest ₦5,000 in a money market mutual fund when the interest rate ...Read more
Fokona Latest Questions
One of our Community Members Ask this Question to Mr. Iking Ferry Good day sir, I have been trying to understand something about money market mutual funds in Nigeria, and I’m a bit confused. I noticed that: Some banks ...Read more
One of our Community members Ask: Good evening Iking Ferry I need help and clarification about my investment in FGN Bond. Based on your previous advice, I downloaded the InvestNaija app, completed my registration, and invested ₦10,000 in ...Read more
One of our community members shared this honest experience: “I am 55 years old. I stopped drinking alcohol one year ago, and my life has improved so much, especially financially. I am more focused now, and my thinking is very ...Read more
One of our community members reached out with this concern: “I live in Anambra State, and I’ve been hearing people talk about tax filing, ASIN number, and annual returns… but honestly, I don’t understand anything. I don’t want to make ...Read more
One of our community members on Fokona asked this question to our Founder Iking Ferry: “The tax deadline is tomorrow and I don’t understand anything about tax filing… how do I file my personal income tax in Lagos?”
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
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