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Which Registered Stockbrokers in Nigeria Allow Trading of International Stocks?
Well expanded thanks a bunch
Well expanded thanks a bunch
See lessHow Are Stock Investment Profits Taxed in Nigeria? Do Brokers Deduct Taxes or Do Investors Pay?
Thank you for the depth of explanation there. I want to believe that transaction charges like the sec/ngx, brokers commission cscs charges and so on are only deducted at the time of buying the particular stock or do they also occur at exit(when selling)? Your response is will be well appreciated. ThRead more
Thank you for the depth of explanation there.
See lessI want to believe that transaction charges like the sec/ngx, brokers commission cscs charges and so on are only deducted at the time of buying the particular stock or do they also occur at exit(when selling)?
Your response is will be well appreciated. Thanks
What are Investor's benefits Apart from dividend?
Dividends from a company it's just a token of appreciation from the company. The real deal in investing in the stocks market may include: Long term wealth building, capital appreciation and so on
Dividends from a company it’s just a token of appreciation from the company. The real deal in investing in the stocks market may include: Long term wealth building, capital appreciation and so on
See lessHow Is Tax Applied on Mutual Fund Interest in Nigeria When Earnings Are Reinvested Quarterly?
Thanks I appreciate it greatly
Thanks I appreciate it greatly
See lessWhat Does the “Is This Question a Poll?” Feature Mean on Fokona and How Does It Work?
It's optional, in a simple language: it allows people to vote on a particular subject matter raised by you. if you want people to vote on particular issue bordering your mind or you want people to air their view on the particular subject matter by knowing the ratio of vote to help you make your deciRead more
It’s optional, in a simple language: it allows people to vote on a particular subject matter raised by you. if you want people to vote on particular issue bordering your mind or you want people to air their view on the particular subject matter by knowing the ratio of vote to help you make your decision, you can check the poll box. I hope this helps
See lessWhat is a money market mutual fund? and how does compounding works?
Going by the name in a simple language as Mama Ngozi will read and nod her head in agreement, let's say is a market where money meet money from different hands, these people pooling their money have the same goal of increasing their money from the initial capital they invested, this pool of money isRead more
Going by the name in a simple language as Mama Ngozi will read and nod her head in agreement, let’s say is a market where money meet money from different hands, these people pooling their money have the same goal of increasing their money from the initial capital they invested, this pool of money is further manage by professional in the capital market giving interest rate usually between 15% to 20% which is dependent on the flow of inflation but the good aspect of this fund market is that your capital is secured and your interest though not stable still comes daily
Compounding in mmmf works thus: the interest gain on your investment is calculated daily and accrued for a period of 90days that is quarterly and it’s reinvested into your portfolio to increase your initial deposit or monthly deposit and by so doing the gains from interest increases as well. I hope this helps.
See lessDifferent between stock and Share?
In Mama Ngozi way, to different between stock and share. let's say Mama bought a bunch of banana from ariara market the bunch stands for the stock and each seed of the bunch represents units called shares. I hope this helps.
In Mama Ngozi way, to different between stock and share. let’s say Mama bought a bunch of banana from ariara market the bunch stands for the stock and each seed of the bunch represents units called shares. I hope this helps.
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