Sign Up

Continue with Google
or use


Have an account? Sign In Now

Sign In

Continue with Google
or use


Forgot Password?

Don't have account, Sign Up Here

Sorry, you do not have permission to ask a question, You must login to ask a question.

Continue with Google
or use


Forgot Password?

Need An Account, Sign Up Here

Sorry, you do not have permission to ask a question, You must login to ask a question.

Continue with Google
or use


Forgot Password?

Need An Account, Sign Up Here

Sorry, you do not have permission to add post.

Continue with Google
or use


Forgot Password?

Need An Account, Sign Up Here

Please briefly explain why you feel this question should be reported.

Please briefly explain why you feel this answer should be reported.

Please briefly explain why you feel this user should be reported.

Fokona Logo Fokona Logo
Sign InSign Up

Fokona

Fokona Navigation

  • Home
  • Courses
  • Live Events
  • Contact Us
Search
Ask A Question

Mobile menu

Close
EXPLORE OUR COURSES
  • Home
  • Members
  • Questions
  • Topics
  • Courses
  • Creator Monetization
  • Calculators
    • Investment Calculator
    • PAYE Tax Calculator
  • MORE
    • Polls
    • Join Groups
    • Create new Group
    • Publish News
  • Help
  • News

Edith Ejenavwo

Starter
Ask Edith Ejenavwo
112 Visits
12 Followers
0 Questions
  • About
  • Questions
  • Polls
  • Answers
  • Best Answers
  • Followed
  • Favorites
  • Asked Questions
  • Groups
  • Joined Groups
  • Managed Groups
  1. Asked: March 26, 2026In: INVESTING & WEALTH BUILDING

    How Much Should a Beginner Invest in Shares in Nigeria to Achieve Good Returns?

    Edith Ejenavwo
    Edith Ejenavwo Starter
    Added an answer about 6 months ago

    Investing in the stock market to achieve good returns doesn't revolve around a specific amount. It depends on: 1. Risk tolerance: How well can you handle risks associated with trading in the stock market? How much can you really afford to lose? One bitter truth is, the stock market has its "ups andRead more

    Investing in the stock market to achieve good returns doesn’t revolve around a specific amount.

    It depends on:

    1. Risk tolerance: How well can you handle risks associated with trading in the stock market? How much can you really afford to lose?

    One bitter truth is, the stock market has its “ups and downs”, prices fluctuate! That is why it is pertinent to start trading with the amount you can afford to lose.

    2. Long-term and short-term investment: It also depends on the reason you are trading. Are you going into the stock with long term investment plan or short-term?

    Long-term investment plan gives you more capital gains (returns) and dividends.

    3. Capital positioning: Invest your capital on stocks according to their capacity to produce goods returns, rather than investing the same amount of capital on all stocks.

    4. Blue-chip stocks: It is pertinent to start trading with blue-chip stocks. They are stocks of companies that are large, strong, popular and they also pay dividends. They are less likely to collapse suddenly.

    4. Inflation outperformance: Inflation usually affect some stocks negatively. It is imperative to invest on stocks that can beat inflation, that is, stocks that can thrive during inflation.

    See less
      • 0
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
      • Report
  2. Asked: March 26, 2026In: STOCK & CAPITAL MARKET

    What Is the Smartest First Investment Option for Beginners in Nigeria: Stocks, Skills, or Small Business?

    Edith Ejenavwo
    Edith Ejenavwo Starter
    Added an answer about 6 months ago

    It is pertinent to know that the stock market requires funds, and the stock market does not give you instant money, as wealth in the stock market is built gradually over time. Meanwhile, an investor should not be stranded while investing. Key contributions: 1. Get a skill: Dedicate yourself into acqRead more

    It is pertinent to know that the stock market requires funds, and the stock market does not give you instant money, as wealth in the stock market is built gradually over time.

    Meanwhile, an investor should not be stranded while investing.

    Key contributions:

    1. Get a skill: Dedicate yourself into acquiring a skill, not just a skill, but a lucrative (profitable) skill that you can generate money from.

    2. Start a small business: You can set aside some savings gotten from the acquired skill and venture into a small business, not just a business, a business that has high demands.

    3. Go into the stock market: After acquiring a skill, and setting up your business, you are now ready to go into the stock market.

    It is imperative to buy blue-chip stocks, they are large, strong, popular and they also pay dividends. They are less likely to collapse suddenly.

    See less
      • 0
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
      • Report
  3. Asked: March 27, 2026In: INVESTING & WEALTH BUILDING

    How Are MTN Nigeria Dividends Paid to Shareholders, and How Long Does It Take to Receive Them?

    Edith Ejenavwo
    Edith Ejenavwo Starter
    Added an answer about 6 months ago

    MTN Nigeria Communications pay dividends directly into your bank account. Key components of the dividend payment: 1. Fill the e-dividend mandate form: MTN Registrar is Coronation Registrar Limited. Fill the form mandating them to pay your dividend directly into your bank account. 2. Declaration dateRead more

    MTN Nigeria Communications pay dividends directly into your bank account.

    Key components of the dividend payment:

    1. Fill the e-dividend mandate form: MTN Registrar is Coronation Registrar Limited. Fill the form mandating them to pay your dividend directly into your bank account.

    2. Declaration date: This is the day the company declares its intention to pay dividends to its shareholders. The amount will also be stated.

    3. Ex dividend date: This is also known has the qualification date. This means that an investor must buy the shares before or on the ex dividend date in order to be eligible to receive dividends. An investor who bought shares after the ex dividend date will not receive dividends for that period.

    4. Record date: This is the day the company goes through its record to identify the names of investors who bought shares before or on the ex dividend date.

    5. Payment date: This is the day dividends will be paid into the various accounts of shareholders.

    It is imperative to know that MTN has declared its final dividend.

    * The ex dividend date is April 8th, while the payment date is May 5th.

    Anyone who buys MTN shares before or on April 8th will receive dividends on May 5th.

    See less
      • 1
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
      • Report
  4. Asked: March 27, 2026In: INVESTING & WEALTH BUILDING

    What Important Knowledge Do I Need Before Starting Stock Market Investment in Nigeria?

    Edith Ejenavwo
    Edith Ejenavwo Starter
    Added an answer about 6 months ago

    It is imperative to have these knowledge before entering into the stock market: 1. Ensure that the stockbroker you want to register with is registered with the Security and Exchange Commission (SEC). 2. The stock market is not for urgent money: Don't use money meant for your basic needs to trade. ThRead more

    It is imperative to have these knowledge before entering into the stock market:

    1. Ensure that the stockbroker you want to register with is registered with the Security and Exchange Commission (SEC).

    2. The stock market is not for urgent money: Don’t use money meant for your basic needs to trade. The money meant for house rent, bills, food, transportation, school fees, e.t.c are urgent money, if you trade with them, you might be pressured to sell at a loss because of the urgent need for them.

    3. Buy blue-chip stocks: These are stocks of companies that are large, strong, popular and they also pay dividends. They won’t collapse suddenly.

    4. Check the liquidity status of the stocks before buying: Liquidity is the ability to buy and sell shares quickly and fairly. Stocks of high liquidity can be bought and sold quickly and fairly, while stocks of low liquidity cannot be bought and sold quickly and fairly.

    5. Diversification: Ensure to spread your capital into stocks of various sectors and industries. Diversification helps to spread risk and balance losses.

    6. Compunding: Compounding is an act of reinvesting your capital gains and dividends in order to produce more returns. Do not spend your dividends and capital gains, reinvest them to grow your wealth.

    7.  Check the total debt v net debt: A company whose net debt is very close or greater than its total debt is running at a financial risk. Total debt and net debt helps investors to know the financial state of a company.

    8. The stock market is not a get-rich-quick scheme. Do not treat the stock market like “betting” where you put in money and cash out some minutes or days later. The stock market is like “planting” where you wait till maturity to harvest.

    See less
      • 1
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
      • Report
  5. Asked: March 28, 2026In: INVESTING & WEALTH BUILDING

    What Causes Buy Orders to Fail When Purchasing Nigerian Stocks Like PRESCO on Bamboo?

    Edith Ejenavwo
    Edith Ejenavwo Starter
    Added an answer about 6 months ago

    As an investor, it is imperative to check the liquidity of stocks before buying. High liquidity stocks can be bought and sold quickly and fairly, while low liquidity stocks cannot be bought and sold quickly and fairly. If your buying order was declined, it could be due to the low liquidity status ofRead more

    As an investor, it is imperative to check the liquidity of stocks before buying.

    High liquidity stocks can be bought and sold quickly and fairly, while low liquidity stocks cannot be bought and sold quickly and fairly.

    If your buying order was declined, it could be due to the low liquidity status of the shares.

    In order to buy successfully, you would have to reduce your buying price because no seller is available to sell at the price you are willing to buy.

    Check the “order book” of the company, you will see the prices buyers are willing to buy (bid), and you will also see the prices sellers are willing to sell (ask).

     

    See less
      • 0
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
      • Report
  6. Asked: March 28, 2026In: INVESTING & WEALTH BUILDING

    How Do Dividends and Compounding Work in Nigerian Stocks Listed on NGX?

    Edith Ejenavwo
    Edith Ejenavwo Starter
    Added an answer about 6 months ago

    Compounding applies to shares. The Law of Compounding states that capital gains and dividends generate their own additional returns over time when reinvested. It is imperative to know that compounding does not only apply to dividends, it also applies to capital gains. So even if you are not receivinRead more

    Compounding applies to shares.

    The Law of Compounding states that capital gains and dividends generate their own additional returns over time when reinvested.

    It is imperative to know that compounding does not only apply to dividends, it also applies to capital gains.

    So even if you are not receiving dividends, you can also compound your capital gains by reinvesting it to generate additional returns.

    See less
      • 0
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
      • Report
  7. Asked: March 25, 2026In: STOCK & CAPITAL MARKET

    Is It Advisable for a Salary Earner in Nigeria to Borrow Money to Invest in Stocks, Bonds, or Mutual Funds?

    Edith Ejenavwo
    Edith Ejenavwo Starter
    Added an answer about 6 months ago

    It is not advisable to borrow money in order to invest because returns are not 100%. Naira devaluation, inflation, and political instability could impact the stock market negatively, thereby affecting your returns. Instead of borrowing, you could apply the 5% rule. Save some part of your salary forRead more

    It is not advisable to borrow money in order to invest because returns are not 100%.

    Naira devaluation, inflation, and political instability could impact the stock market negatively, thereby affecting your returns.

    Instead of borrowing, you could apply the 5% rule. Save some part of your salary for basic needs, while you save the other part for investing.

    Investment is not all done in one day, you could start little and grow your wealth gradually.

     

    See less
      • 1
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
      • Report
  8. Asked: March 26, 2026In: STOCK & CAPITAL MARKET

    How Do You Decide Whether to Spend or Invest Money: What Rules and Strategies Should You Follow?

    Edith Ejenavwo
    Edith Ejenavwo Starter
    Added an answer about 6 months ago

    It is imperative to have a balance on investing and spending. Do not invest and become stranded, instead, apply the 5% rule. This rule entails saving half of your money for investing, while saving the other half for spending. While spending, ensure to prioritize your needs over wants. Some basic neeRead more

    It is imperative to have a balance on investing and spending.

    Do not invest and become stranded, instead, apply the 5% rule.

    This rule entails saving half of your money for investing, while saving the other half for spending.

    While spending, ensure to prioritize your needs over wants.

    Some basic needs are: food (buying non-perishable goods in bulk saves money), transportation and utilities.

    While investing, it is also imperative to save emergency funds for matters of urgency.

    See less
      • 0
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
      • Report
  9. Asked: March 22, 2026In: CAREER & INCOME GROWTH

    How Long Does It Take for a Profile Picture to Appear on Fokona After Uploading?

    Edith Ejenavwo
    Edith Ejenavwo Starter
    Added an answer about 6 months ago

    Profile picture appears immediately after a successful registration. You can also go to your profile page, click on edit and add a profile picture.

    Profile picture appears immediately after a successful registration.

    You can also go to your profile page, click on edit and add a profile picture.

    See less
      • 1
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
      • Report
  10. Asked: March 23, 2026In: INVESTING & WEALTH BUILDING

    How Can I Invest Over ₦50 Million in Federal Government Bonds in Nigeria?

    Edith Ejenavwo
    Edith Ejenavwo Starter
    Replied to answer about 6 months ago

    That's a good idea. Bonds certificate can actually be used as a collateral. Good luck Mr. Udoka.

    That’s a good idea. Bonds certificate can actually be used as a collateral.

    Good luck Mr. Udoka.

    See less
      • 0
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
      • Report
1 2 3 4 … 6

Sidebar

  • Popular
  • Answers
  • Okoye victor

    Is Investing ₦1 Million in Stocks Better Than Starting a ...

    • 108 Answers
  • Uche

    How Are Returns Generated and Reinvested in a Money Market ...

    • 52 Answers
  • NUM

    What Is the Difference Between Bonds and Treasury Bills in ...

    • 32 Answers
  • Arvin
    Arvin added an answer Yes you can build generational wealth in Nigeria on a… September 13, 2026 at 4:48 am
  • Mama Ngozi AI
    Mama Ngozi AI added an answer Imagine you are a young Nigerian who has just started… September 13, 2026 at 4:41 am
  • Arvin
    Arvin added an answer If you have ₦1,000,000, you might allocate part toward developing… September 13, 2026 at 4:35 am

Fokona Verified Experts

Fokona

Fokona

  • 1 Question
  • 50k Points
Official Account
Mama Ngozi AI

Mama Ngozi AI

  • 0 Questions
  • 47k Points
Official Fokona AI
Iking Ferry

Iking Ferry

  • 14 Questions
  • 30k Points
Fokona CEO
Chinedu Okafor, CFA

Chinedu Okafor, CFA

  • 0 Questions
  • 11k Points
Expert
Fokona Community

Fokona Community

  • 23 Questions
  • 10k Points
Community Desk

Explore Top Finance Topics on Fokona

beginner investing cscs Financial Literacy fokona Investing investment investnaija money market mutual fund Mutual Funds mutual funds nigeria ngx ngx investing nigerian stock market nigerian stocks Personal Finance stock Stock Market tax Treasury Bills Wealth Building

Explore

  • Home
  • Members
  • Questions
  • Topics
  • Courses
  • Creator Monetization
  • Calculators
    • Investment Calculator
    • PAYE Tax Calculator
  • MORE
    • Polls
    • Join Groups
    • Create new Group
    • Publish News
  • Help
  • News

Footer

Fokona

Fokona is Africa's financial intelligence platform, Ask questions, learn, and grow your wealth with the right knowledge.

Disclaimer: Content on Fokona is for educational purposes only and not financial advice. Always do your own research or consult a licensed professional before making decisions.

COMPANY

  • About Us
  • Contact Us
  • Become An Instructor
  • Careers
  • Blog

PRODUCTS

  • Courses
  • Events
  • Investment Calculator
  • Tax Calculator
  • Mama Ngozi AI
  • Community

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
  • Guidelines
  • Financial Disclaimer
  • Content Disclaimer
  • Refund Policy

Follow Us:

© 2026 Fokona. All Rights Reserved.
Designed by NaijaTraffic Group