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John Terence Ononuju

Digital Entrepreneur
Ask John Terence Ononuju
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  1. Asked: September 8, 2026In: STOCK & CAPITAL MARKET

    Can Non-Muslim Investors Buy Dangote Refinery IPO Shares on the NGX?

    John Terence Ononuju
    John Terence Ononuju Digital Entrepreneur
    Added an answer about 1 month ago

    In the first place, Dangote Refinery is expected to serve the general purpose for Nigerians that are invest, irrespective of tribe or religion. Secondly, Dangote Refinery is meant to help boost the economy of Nigeria. The more people invest in Dangote Refinery, the more money it generates for the ReRead more

    In the first place, Dangote Refinery is expected to serve the general purpose for Nigerians that are invest, irrespective of tribe or religion.

    Secondly, Dangote Refinery is meant to help boost the economy of Nigeria.

    The more people invest in Dangote Refinery, the more money it generates for the Refinery and Nigerian Government.

    Therefore limiting to Sharia principles, will automatically discourage more investment opportunities, which will in future cripple the activities of the Refinery.

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  2. Asked: March 21, 2026In: INVESTING & WEALTH BUILDING

    Is Investing ₦1 Million in Stocks Better Than Starting a Business in Nigeria?

    John Terence Ononuju
    John Terence Ononuju Digital Entrepreneur
    Added an answer about 1 month ago

    As a wise business owner, you should consider using the money for both stock and business startup. Let's say you have N1,000,000 as your only savings, split it into 3. Use 50% for stock, use 40% for a business you have knowledge about and also a very lucrative one. Then keep 10% for feeding and otheRead more

    As a wise business owner, you should consider using the money for both stock and business startup.

    Let’s say you have N1,000,000 as your only savings, split it into 3.

    Use 50% for stock, use 40% for a business you have knowledge about and also a very lucrative one. Then keep 10% for feeding and other miscellaneous expenses while you expect huge dividends from your stock for future benefits and build your business for immediate gains, as you can reinvest in the business from the profits you made from the business.

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  3. Asked: September 8, 2026In: CAREER & INCOME GROWTH

    Is It Better to Save an Emergency Fund Before Investing in Nigeria?

    John Terence Ononuju
    John Terence Ononuju Digital Entrepreneur
    Added an answer about 1 month ago

    The gospel truth is that you should start investing small amounts from day one. Let me throw more light about this, you see it will save you problem to use your invested money to run your future projects, than exhausting the money you should have invested. Lack of investment is the major reason busiRead more

    The gospel truth is that you should start investing small amounts from day one.

    Let me throw more light about this, you see it will save you problem to use your invested money to run your future projects, than exhausting the money you should have invested.

    Lack of investment is the major reason business owners are involved in unnecessary financial crisis, ranging from funds borrowed from individuals to financial institutions, which may be difficult repay.

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  4. Asked: September 8, 2026In: CAREER & INCOME GROWTH

    Have you ever borrowed money with what you thought was a solid repayment plan, only for the plan to fail woefully?

    John Terence Ononuju
    John Terence Ononuju Digital Entrepreneur
    Added an answer about 1 month ago

    Honestly, I have never had such experience before. I understand no business person is perfect, but I try not to borrow loan not to get myself into that problem. I run my projects from my savings, not from loan.

    Honestly, I have never had such experience before.

    I understand no business person is perfect, but I try not to borrow loan not to get myself into that problem.

    I run my projects from my savings, not from loan.

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