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Why Am I Not Receiving Interest on My FGN Bond Investment in Nigeria?
The Reason Why You Are Not Seeing Your FGN Savings Bond Interest in Nigeria is very Simple. And as your Financial Literacy Advocate, let me explain this in a simple way… In a way that even Mama Ngozi that sells tomatoes in the village will understand. Because this confusion is very common. Based onRead more
The Reason Why You Are Not Seeing Your FGN Savings Bond Interest in Nigeria is very Simple.
And as your Financial Literacy Advocate, let me explain this in a simple way…
In a way that even Mama Ngozi that sells tomatoes in the village will understand.
Because this confusion is very common.
Based on your questions:
“I invested ₦10,000 in FGN Savings Bond since October…
but I have not received any interest till now.”
First of all…
Let me be very honest with you.
If you truly invested in FGN Savings Bond… you have most likely received your interest already.
Yes… you heard me right.
The problem is not that you didn’t get paid…
The problem is that you didn’t recognize the payment.
Oya.. relax
Let Me Break It Down in a Simple way possible.
When you invest in FGN Savings Bond using platforms like InvestNaija or Afrinvest…
The platform is NOT the one paying you.
YES.
The real people paying you is:
Debt Management Office (DMO) Nigeria
So…
Where Does Your Interest Enter?
Your interest is sent directly to:
The bank account you used during registration
Not inside the app.
Not inside your dashboard.
Your normal bank account, you input when you are creating your CSCS Account on the Stock Brokers APP.
Let me tell you How FGN Savings Bond Pays You
FGN Savings Bond pays:
Every 3 months (quarterly)
That means:
October = Next payment around January
January = Next payment around April
April = Next payment around July
Now listen carefully… this is where many people miss it.
Let’s assume:
You invested: ₦10,000 as you said.
And let’s assume your Interest rate is 14% per year
That is:
₦1,400 per year
But…
You are NOT paid ₦1,400 at once.
Remember:
It is divided into 4 payments.
So you receive roughly:
₦350 every 3 months
Now be honest…
If ₦315 enters your account…
Won’t you ignore it?
Or think it is “bank interest”?
That is exactly what is happening.
Let me tell you What You Should Do Right Now.
Do this immediately:
1. Open your banking app
2. Download your bank statement
3. Check between January – March
You will likely see something like:
“FGN BOND COUPON”
Or small credit alert you ignored
Many people later realize:
“Ah! I actually received it…”
Some even spent it without knowing, yes it has happened to me some years ago.
This is why I always say:
The first rule of investment is understanding what you are doing.
Not just putting money blindly.
Let me Ask:
Is ₦10,000 in FGN Bond a Good Idea?
here’s my honest Answer.
For learning – YES
For serious wealth building – NO
Why?
Because:
It is long-term (2–3 years)
And the Returns are small on low capital
Here’s a Better Strategy for Beginners
If you are just starting with:
₦5,000
₦10,000
₦20,000
Start with Money Market Mutual Funds
Why?
Because….You can start small (even ₦1,000)
You can add money anytime
You can withdraw anytime
Interest grows daily
No long lock period
And the Good thing is that most Money Market Mutual Fund pays around 15% – 22% yearly (varies)
But…
Remember:
10% withholding tax applies on interest (not your capital)
So…
Here is the real game:
1. Start with money market fund
2. Grow your money gradually
3. Build to ₦100k to ₦500k or ₦1M
Then…
Move to FGN Bonds for long-term stability
Because…
The problem is not investment…
The problem is lack of understanding.
Don’t panic.
Don’t assume.
Don’t guess.
Understand first… then invest.
If you want to learn money, investing, tax, and wealth creation in simple English…
Ask your questions on Fokona
Learn from real experts
Grow your financial knowledge step by step
Because at the end of the day…
Financial freedom is not about big grammar…
It is about knowing what to do at the right time.
I am Iking Ferry
See lessFinancial Literacy Advocate
Building 10 Million Financially Free Nigerians
I Started Investing at 50 – Is It Too Late to Build Wealth and What Should I Do With My Small Income?
Let me be honest... THE MAN WHO STARTED AT 55 MIGHT END UP RICHER THAN THE ONE WHO STARTED AT 25… Yes… you read that right. And if you don’t understand what I’m about to say… you might spend the next 20 years getting it wrong. A man commented under my post… 55 years old. Quit alcohol one year ago. LRead more
Let me be honest…
THE MAN WHO STARTED AT 55 MIGHT END UP RICHER THAN THE ONE WHO STARTED AT 25…
Yes… you read that right.
And if you don’t understand what I’m about to say…
you might spend the next 20 years getting it wrong.
A man commented under my post…
55 years old.
Quit alcohol one year ago.
Life improved.
Clarity improved.
But then he said something that touched me deeply…
Let me explain this better with a Simple story…
There are two men.
The first man started investing at 25…
But he never had control.
He drank.
He spent recklessly.
He chased quick money.
He followed noise.
The second man started at 55…
But this one…
Had discipline.
Had clarity.
Had control.
Now answer this honestly…
Who do you think will build wealth faster?
Let me shock you…
The second man.
Why?
Because in money…
Clarity beats age.
Discipline beats time.
And Control beats speed.
Sir… if you are reading this…
Let me say this to you directly…
You did not start late.
You started RIGHT.
Because the hardest part of wealth is not money…
It is CONTROL.
And the fact that you said:
“I quit alcohol”
Do you know what that means?
It means:
You have defeated one of the strongest enemies of wealth.
YES.
Most people don’t understand this…
So let me break it down in a way that even Mama Ngozi that sells Tomatoes in the village will understand…
If a basket has a hole…
No matter how much water you pour inside…
It will never be full.
Alcohol… smoking… bad habits…
Those are holes.
So what you did was not just quitting alcohol…
You closed a financial leak.
Now let me say something that will open your eyes…
If most people sit down today…
And calculate how much they have spent on:
Alcohol
Smoking
Unnecessary enjoyment
for the past 10–15 years…
That money is enough to build generational wealth.
But they will never calculate it…
Because truth is painful.
Now sir… let me guide you like I would guide someone paying for my consultation…
At your stage…
Don’t chase high returns.
Listen carefully…
Because this is where many people lose everything.
The fastest way to lose money is chasing fast money.
Right now…
Your focus should be ONE thing:
Capital preservation.
YES.
Protect what you have first.
Grow slowly after.
And, If I were you…
This is exactly what I would do…
I would take most of my money…
And put it where it is SAFE.
Investment like Money Market Mutual Fund is the best Options in this Case.
Not because it is the highest return…
But because it is stable and your capital is safe.
Let me explain:
If you plant cassava…
It may not grow as fast as maize…
But one thing is sure…
It will NOT fail you.
That is what safe investments do.
Now here is where the real secret is…
Not just investing…
But COMPOUNDING.
Let me explain this in a way that even Grandma in the Village will nod her head and say: “yes I understand this one”
If you invest ₦1,000,000…
And earn 18%…
You get ₦180,000.
Most people will withdraw it and spend it.
But the wise man…
Adds it back.
Next year…
You are no longer earning interest on ₦1M…
You are earning on ₦1.18M.
That is how money grows quietly.
No noise.
No pressure.
No stress.
Now here’s another thing you must not ignore…
Health insurance.
Yes.
Because one hospital bill…
Can destroy 10 years of savings.
So… What Exactly should you do?
Start small…
Yes.. Even ₦15k, ₦30k, ₦50k plans exist.
Don’t wait until emergency teaches you wisdom.
Now let me also tell you one of the most powerful thing you can do…
Teach your children what you just discovered.
Because…
You may have started at 55…
But they can start at 15.
Teach them:
The Difference between NEED and WANT
And Difference between ASSET and LIABILITY
Tell them:
Asset puts money in your pocket
Liability removes money from your pocket
So they don’t repeat your past.
Now let me close this Conversation with something that will stay with you forever…
Most people don’t fail because they started late…
They fail because they never started RIGHT.
But You…
Have already done the hardest part.
You stopped what was destroying you.
You gained clarity.
You took control.
That is not late…
That is POWER.
So remove that guilt from your mind.
You are not behind.
You are AHEAD… of those who are still wasting their life.
See lessTax Deadline in Anambra State – How Can I File My Personal Income Tax Easily Without Mistakes?
If you have been Searching for How to File Your Personal Income Tax in Anambra State (here's a Simple Step-by-Step Guide Anyone Can Follow) And, as your Financial Literacy Advocate.. Let me explain this with a Simple Story in a way you will never forget. Imagine Mama Ngozi travels from her village tRead more
If you have been Searching for How to File Your Personal Income Tax in Anambra State (here’s a Simple Step-by-Step Guide Anyone Can Follow)
And, as your Financial Literacy Advocate.. Let me explain this with a Simple Story in a way you will never forget.
Imagine Mama Ngozi travels from her village to Onitsha.
As she enters the market, she hears people shouting:
She gets confused…
If you feel like Mama Ngozi right now… relax.
Let me break it down for you step by step.
First Thing You Must Understand
You are not paying tax for 2026.
You are declaring the money you made from January to December 2025
That is how tax works.
You pay after the year has ended, not while the year is still running.
Secondly, ASIN means Anambra State Identification Number.
Here’s how to file your Personal Income Tax in Anambra
STEP 1: Go to Anambra State Tax Website
Open Google and type:
Anambra State IRS
Then open the official website: tax.services.an.gov.ng
STEP 2: Create Your ASIN Number
This is very important.
ASIN is like your tax identity in Anambra State
When you enter the website:
Click on Create ASIN
Choose:
Individual (for personal income tax)
Enterprise (for small business)
Corporate (for companies)
If you are working or doing business personally, choose Individual
STEP 3: Enter Your NIN
When you click Individual:
Enter your NIN
Your details will appear automatically:
Name
Phone number
Address
Picture
Just complete the remaining form and create a password
STEP 4: Login to Your Account
Go back to:
tax.services.an.gov.ng
Click Login
You can login using:
Your ASIN number OR
Your Email
Enter your password and login.
STEP 5: Click “File Annual Return”
After logging in:
Click File Annual Return
VERY IMPORTANT (because this is Where Many People Make Mistake)
If you earn monthly: ₦80,000 per month
Do NOT type ₦80,000
Multiply it:
₦80,000 × 12 = ₦960,000 or multiply it by the number of months that you worked or total money earned.
That is your annual income
STEP 6: Fill Other Details
You will see:
Your income
Rent
Other earnings
Fill what applies to you
The system may also ask for:
Landlord name
Landlord ASIN
Phone number
If you don’t have it:
Just type NIL
And move on.
STEP 7: Select Your Profession
You will see options like:
Trader
Teacher
Developer
Choose your work
STEP 8: Tax Relief (Optional)
You may see:
Pension
Insurance
Mortgage
If you don’t have any:
Skip it
STEP 9: Submit and Download
After everything:
Click Submit
Then:
Download your Acknowledgement Slip
Keep it safe, this is your proof
Now, as your Financial Literacy Advocate, let me tell you a Secret That Many People Don’t Know
and here’s the truth…
This whole process can take you less than 10 to 20 minutes minutes
Yes… less than 10 minutes.
The problem is not difficulty…
The problem is lack of understanding. And lack of Orientation and awareness from the Government.
But here’s the one deep truth you must know
Tax is not your enemy.
Ignorance is the real problem.
Because:
If your income is small, you may pay little or nothing
But if you don’t file, penalty will follow.
If you still don’t understand anything…
Ask your question here on Fokona
That is why we built this platform:
To make money, tax, and life simple even for Mama Ngozi that sells Tomatoes in the Village.
See lessTax Deadline Is March 31 – How Can I File My Personal Income Tax in Lagos Nigeria Easily?
Before we start… Lagos State Government has extended the tax filing deadline to April 14, 2026. So if you were rushing before, relax… But don’t delay again ooh, use this extra time wisely. Let Me Explain.. Imagine Mama Ngozi sells tomatoes in Lagos. One day she hears: “Tax deadline is here ooh!, It'Read more
Before we start…
Lagos State Government has extended the tax filing deadline to April 14, 2026.
So if you were rushing before, relax…
But don’t delay again ooh, use this extra time wisely.
Let Me Explain..
Imagine Mama Ngozi sells tomatoes in Lagos.
One day she hears:
She panics:
If you feel like Mama Ngozi, relax.
As your Financial Literacy Advocate, I will break it down step by step.
First… What Exactly are You Are Filing?
You are NOT filing 2026 tax.
You are declaring the money you earned from:
January – December 2025
That is what Lagos State wants.
Here’s a Step by Step Process to File your Personal Income Tax Annual Returned in Lagos
STEP 1: Get Your TIN (Tax Identification Number)
Go to Google and search:
Tax Identification Number in Nigeria
Open the Nigeria Revenue Service official portal: taxid.nrs.gov.ng
Enter your NIN
Enter your Date of Birth
Generate your TIN
This is your tax identity. Keep it safe.
STEP 2: Create Your Lagos Tax Account (LIRS)
Go to: etax.lirs.net
Create an account using:
Your BVN (recommended)
Your personal details
Then generate your:
Lagos Payer ID
Note:
Individuals = starts with N-
Companies = starts with C-
STEP 3: Login to Your Dashboard
Use:
Your newly created Payer ID
Your Password
STEP 4: File Your Annual Return
Click:
“File Annual Return”
VERY IMPORTANT (This is Where Many People Make Mistake)
If you earn:
₦100,000 per month
Do NOT enter ₦100,000.
Multiply it:
₦100,000 × 12 = ₦1,200,000
That is your annual income.
This applies to Salary Earners and Business Owners, including Freelancers or Content Creators… You are to pay from your Net Income.
STEP 5: Add Other Income (If Any)
You may see:
Rent
Business income
Dividends
If you have them, include them
If not, skip
STEP 6: Add Tax Relief (Very Important)
You may see:
Pension
Insurance
Mortgage
Add them if you have them
This will reduce your tax
STEP 7: Submit
After filling everything:
Click Submit
The system will calculate your tax automatically.
Here’s the Secret Many People Don’t Know
If your income is small…
You may pay:
Zero tax
But… if you don’t file at all…
You will pay penalty of ₦100,000 and a subsequent ₦50,000 for each of the following Month until you file your Annual Returned.
Now that deadline has been extended to: April 14, 2026
Don’t say:
Do it now.
IN SIMPLE SUMMARY:
Get your TIN
Create your LIRS account
Calculate your annual income
Submit your return
That’s all.
The problem is not tax…
The problem is lack of understanding
Once you understand it…
Everything becomes simple.
If you still have questions…
Ask here on Fokona
That is why this platform exists..
To make money, tax, and investing simple for everyone.
See lessIf I Invest ₦10 Million in FGN Bonds, Can I Use It to Get a Loan from the Bank Quickly?
You can have ₦10 Million… walk into the bank with confidence… and still be rejected for a loan. Yes… this is where many people get shocked. Because nobody taught them how money really works. As your Financial Literacy Advocate.. Let me explain this better with a simple story… Imagine: Mama Ngozi thaRead more
You can have ₦10 Million… walk into the bank with confidence… and still be rejected for a loan.
Yes… this is where many people get shocked.
Because nobody taught them how money really works.
As your Financial Literacy Advocate.. Let me explain this better with a simple story…
Imagine:
Mama Ngozi that sells Tomatoes in the village… finally saved money for years.
One day, someone told her:
So she gathered courage… dressed well… and walked into the bank.
She said:
She believed that was enough.
But after everything…
The bank still told her… “We will get back to you.”
And that “we will get back to you” never came.
Now listen carefully…
The problem was not her money or Bond.
The problem was what she didn’t understand.
And… This is the same mistake many people are making today.
They believe:
No.
That is not how money works.
Oya… Sit down…
Let me open your eyes to something most people will never tell you…
Banks don’t give loans because you have something valuable.
Banks give loans because they are sure they will get their money back.
That is why in finance… we have something called:
The 5 Cs of Credit
But let me break it down in a way that even Grandma in the Village will nod her head and say “yes Iking… understand this one deeply”
Now.. listen:
Before the bank looks at your money…
They look at YOU.
Yes… YOU.
Who are you?
Have you borrowed before?
Did you pay back?
That is your CHARACTER.
How do you make money?
Do you have steady income?
Does your business bring cash every day?
That is your CAPACITY.
Do you have your own money inside what you are doing?
Or you want to risk only the bank’s money?
That is your CAPITAL.
Now we come to what most of you focus on…
COLLATERAL
Yes… your FGN Bond can work here.
And let me tell you something powerful…
FGN Bond is even stronger than many lands people are carrying around.
Yes…
Because land can have:
Family disputes
Government issues
Fake documents
But bond?
Very Clean… verifiable… and structured.
But here is the truth that will shock you…
Collateral does NOT guarantee loan.
Lastly…
What are you using the loan for?
Does it make sense… or you are just chasing opportunity blindly?
That is your CONDITION.
These are what we called the 5 Cs of Credit in Finance
Now let me bring it back to you…
You asked:
“If I invest ₦10M in FGN Bond… can I get loan within a week?”
Let me answer you honestly…
It is not your bond that determines speed.
It is your structure.
Because…
Two people can walk into the same bank with ₦10M…
One will get loan in days…
And…
The other will be ignored.
Why?
Because one understands money…
The other only has money.
Let me say something that many people are not ready to hear…
Having money is different from understanding money.
That is why some people have millions…
But still struggle for opportunities.
While some people with less…
Access bigger opportunities faster.
Now hear this carefully…
When I said you can use bond as collateral…
I was not telling you to go and borrow.
No.
I was showing you a door most people don’t even know exists.
Because some people are stuck not because they are poor…
But because they don’t understand structure.
Let me leave you with this…
And read it twice…
Money does not reward who has it…
Money rewards who understands it.
So the real question is not:
“Can I get loan with ₦10M bond?”
The real question is:
My name is Iking Ferry…
And I’m not just here to talk about money…
I’m here to make sure you never look at money the same way again.
See lessIs Insurance Really a Scam in Nigeria or Why Do Many People Struggle to Get Their Claims Paid?
If you still believe insurance does not work in Nigeria… then you are not broke, you are just uninformed. Let me explain: After I shared my last post, I saw many comments saying “Insurance companies in Nigeria are scammers” “It doesn’t work here like abroad” And I just smiled… Because most people doRead more
If you still believe insurance does not work in Nigeria… then you are not broke, you are just uninformed.
Let me explain:
After I shared my last post, I saw many comments saying
And I just smiled…
Because most people don’t have an insurance problem…
They have a knowledge problem.
Let me tell you something that might shock you…
Insurance works in Nigeria.
Not 50%… not 70%… 100%.
But here is the part many people don’t want to hear…
Insurance will only work for you to the level of your understanding.
You see, before you even think of buying insurance, you need more knowledge than someone entering the stock market.
Yes… I said it.
Because in insurance, it’s not just about paying premium…
It’s about understanding:
What exactly you are buying
What is covered and what is not covered
The conditions that must be met before you get paid
And the process to follow when things go wrong
Most people skip this part…
Then when problem happens… they shout “scam”
As your Financial Literacy Advocate, Let me break something down for you…
The same way accounting principles are the same all over the world…
That is the same way insurance works.
The same foundation used in the US, UK, South Africa…
Is the same thing used in Nigeria.
Because… Money does not have two languages.
And.. Risk does not have two definitions.
Insurance is built on one principle globally…
Risk management.
So the problem is not Nigeria…
The problem is ignorance.
Now let me tell you the secret that nobody will tell you…
Every insurance company in the world is designed to do one thing…
Reduce how much they pay out.
Yes… read that again.
They are businesses… not charity organizations.
You pay premium… they manage risk…
And when something happens, they check:
Did you follow the policy?
Does this claim meet the conditions?
Is there any breach?
If you don’t understand your policy…
You have already lost before you even start.
Now here is where many people are completely blind…
Between you and the insurance company… there is a system.
There are professionals called Loss Adjusters.
These are not your enemies…
And they are not the insurance company’s friends.
They are independent professionals regulated in Nigeria by NAICOM.
Their job is simple…
To investigate what happened
To assess the damage
To ensure the insurance company does not cheat you
And also ensure you are not cheating the system
They stand in the middle…
Yet most Nigerians don’t even know they exist.
Let me ask you a simple question…
For those shouting “insurance is scam”…
How many of you have ever:
Read your policy document properly?
Engaged a loss adjuster when your claim was denied?
Reported the insurance company to NAICOM?
Be honest with yourself…
Most of you did nothing.
You just complained…
Now let me open your eyes to something deeper…
Insurance is not for enjoyment…
It is for survival.
It is not for when life is good…
It is for when life breaks.
That moment when your shop burns
That moment when accident happens
That moment when sickness drains everything
That is when you will understand the power of structure.
And here is the painful truth…
Even Mama Ngozi that sells tomatoes in the village can afford insurance.
Yes…
Some policies are as low as ₦2,000 monthly.
So the issue is not affordability…
The issue is awareness.
Let me say this clearly…
Anything you don’t understand will always look like a scam to you.
The same thing happened when people said stock market is scam.
Today… those who understood it are building wealth quietly.
That’s why I have maintained that Financial literacy is not about arguing online…
It is about understanding how money, risk, and protection works.
That is why platforms like Fokona exist…
To break down complex financial concepts
Into simple language anybody can understand
Even Mama Ngozi.
In my next posts…
I will show you:
How to choose the right insurance company
How to pick the right policy
And how to get your money… even when they refuse to pay
Yes… including how they can be forced to pay more.
Because knowledge changes everything.
For now… just remember this…
Insurance is not a scam.
Ignorance is.
See lessHow Can I Invest Over ₦50 Million in Federal Government Bonds in Nigeria?
If you have ₦50 Million and you put everything inside FGN Bonds… there is a high chance you will regret it later… not because it is a bad investment… but because you didn’t understand it. Let me explain this in a way that will open your eyes… Imagine Mama Ngozi that sells tomatoes in the village… onRead more
If you have ₦50 Million and you put everything inside FGN Bonds… there is a high chance you will regret it later… not because it is a bad investment… but because you didn’t understand it.
Let me explain this in a way that will open your eyes…
Imagine Mama Ngozi that sells tomatoes in the village… one day she makes big money, say ₦50 million… and instead of keeping the money in her shop or turning it over in her business, she decides to give everything to one very trusted person in the village…
She tells the person… “Take this money… use it to do something big… just be paying me small money every three months.”
Now tell me… did Mama Ngozi invest her money… yes
Is her money safe… yes
But did she make the best decision… that is where the real question is…
That is exactly how FGN Bond works…
You are not giving money to a person… you are giving money to Nigeria itself… the entire country owes you… not any president, not any government official… the country…
That is why it is very safe… one of the safest in Nigeria…
But listen carefully…
Safety does not mean it is right for you…
That is where most people get it wrong…
Because once people hear “safe”… they carry all their money and lock it there…
Now imagine Mama Ngozi again…
After giving out her ₦50 million… something happens in her life… maybe her business needs urgent money… maybe an opportunity comes… maybe a problem comes…
Then she remembers… “Ah… my money is with that person…”
But she cannot collect it immediately…
That is the problem with FGN Bond…
Your money is working… but your money is also tied down…
FGN Bond is not like money you can just wake up and withdraw… it is not your savings account… it is not your normal investment you can easily turn to cash…
You can sell it in the market, yes… but it is not as simple as pressing withdraw…
Now this is where wisdom comes in…
If that ₦50 million is just part of your money… maybe you have other income… you have business… you have cash flow… then you are fine…
But if that ₦50 million is everything you have… or even half of everything you have… then you have just locked your life into one position…
Because FGN Bond is long-term…
Two years… three years… five years… even ten years and above…
This is not money you play with…
Now let me open your eyes to something many people don’t know…
FGN Savings Bond that many of you rush into every month has a limit… you cannot just dump unlimited money there at once… it is capped per subscription… and it comes out every month…
So if you truly want to invest big money… real investors don’t rush… they structure it over time…
Then there is the main FGN Bond itself… the bigger one… longer duration… usually accessed through brokers and banks… that is where serious money flows…
Now here is another thing that will shock you…
While your money is there… it is not sleeping…
Every three months… the government pays you interest directly… steady… predictable…
And the most interesting part…
That money you are receiving… is tax-free…
No deductions… nothing…
But let me show you the real secret… the one many people don’t understand…
That bond you bought…
You can carry it to a bank… and use it as collateral…
Yes…
You can collect a loan with it… and use that loan to run business…
That is how smart people use bonds…
They don’t just lock money…
They leverage it…
Now let me talk to you like someone that wants you to grow…
If you truly have ₦50 million…
Don’t let anybody deceive you…
Don’t put everything in FGN Bond…
That is not wisdom… that is fear disguised as investment…
Real investors don’t think like that…
They structure their money…
Some part for safety… should be on FGN BOND.
some part for liquidity… Should be on Money Market Mutual Fund.
some part for growth… Should be on Business or Stock Market.
And some part for opportunity… Because life will always present opportunities… And only liquid people take advantage of opportunities…
Most people are not poor because they don’t have money…
They are poor because their money is locked in the wrong place at the wrong time…
So yes… FGN Bond is powerful…
Yes… it is safe…
Yes… it pays you…
But if you don’t understand how to use it…
It will limit you instead of helping you…
Think about this…
Before you invest… don’t just ask “is it safe?”
Ask yourself…
“Does this give me flexibility… or does it trap me?”
That one question alone…
Will change how you invest forever.
Here’s How to Buy FGN SAVINGS BOND
Download any SEC licensed Stock Brokerage App like Investnaija by Chapel Hill Denham, Or Afrinvestor by Afrivest, or Stanbic IBTC.
My name is Iking Ferry.
And I don’t just talk about investment…
I help you understand money the way most people never will.
See lessWhen Is the Tax Filing Deadline for a New Taxpayer Who Registered in 2026?
Many people get confused about tax filing in Nigeria because they mix up personal income tax and company income tax Let me explain The First thing you must understand is that Personal income tax and company income tax are not the same If your business is a small business under your name like a soleRead more
Many people get confused about tax filing in Nigeria because they mix up personal income tax and company income tax
Let me explain
The First thing you must understand is that Personal income tax and company income tax are not the same
If your business is a small business under your name like a sole proprietorship or enterprise, then you will file personal income tax
If your business is registered as a limited liability company, then it will file company income tax
Now let me explain the timing in a way that even Mama Ngozi that sells Tomatoes in the Village will understand.
Imagine:
Mama Ngozi starts her tomato business in January 2026
From that day, she begins to record everything she sells and all her income
She cannot file tax immediately because she has not completed one full year of business
She will keep records from January to December 2026
After the year ends, she will now calculate everything she made
Then she will file her tax in 2027
That is how it works
Now here is the key difference many people don’t know
Personal income tax deadline is always March 31 every year
Company income tax is usually filed after the company has completed 12 months of operation
Let me tell you Another important truth
Even if you just started a business in 2026, if you had personal income in 2025, you are still expected to file your personal income tax for 2025 before March 31 2026
That is because tax is always based on the previous year
Another important thing is business commencement date
YES… When you register with FIRS, now Nigeria Revenue Service, they will ask for your business start date
That date is very important because that is when your tax record begins
From that date, you count 12 months of business operation before filing
In Simple English…
If it is personal income tax, file every year before March 31
If it is company income tax, file after one full year of business
Tax is not about when you register, it is about when you start earning and recording income
Once you understand this, you will never miss your tax deadline again and you will stay compliant without stress
See lessHow Can a Block Industry Owner Sell More Using Facebook and Instagram Ads?
Let me tell you the truth that many people will not tell you… Your problem is not ads. Your problem is that your product is not speaking. And in your kind of business (block industry), if your product does not speak… nobody will trust it. Let me explain Imagine Mama Ngozi Wants to Build a House SheRead more
Let me tell you the truth that many people will not tell you…
Your problem is not ads.
Your problem is that your product is not speaking.
And in your kind of business (block industry),
if your product does not speak… nobody will trust it.
Let me explain
Imagine Mama Ngozi Wants to Build a House
She goes to the market.
Two block sellers are there.
Tell me…
Who will Mama Ngozi buy from?
Not the cheapest.
but.. The most trusted.
As Marketing Strategist….
Here are the Steps to Follow:
Step 1: Fix Your Foundation (Content First, Not Ads)
Before you spend ₦1 on Facebook or Instagram ads…
Create CONTENT that proves your quality.
This is where 90% of people fail.
What kind of content should you create?
This is where money is made.
Because you are not just selling blocks…
You are selling TRUST.
Step 2: Position Yourself as the “Quality Guy”
Don’t be just another block seller.
Be known for something.
Examples:
Let people associate your name with quality, not price.
Step 3: Only Then You Run Ads (Not Before)
Now that your content is ready…
Then you run ads.
Not to sell directly.
But to amplify your proof and create awareness.
Here is How to Run the Ads Properly:
1. Objective
Use:
2. Target Audience
Target:
3. Your Ad Content
Don’t run “Buy block now” ads.
Run:
“Watch this before you buy blocks”
“See why some houses crack after 2 years”
“This is how to test block strength”
Then show your proof.
Step 4: Convert Attention to Sales
Once people watch your content…
They will message you.
Now do this:
Most sales are closed in the DM, not in the ad.
Step 5: Build Long-Term Dominance
This is where real money is.
Don’t stop at one sale.
Because in your business…
One customer can bring 10 more.
Here is a Secret Most People Don’t Know
In physical product business like block industry:
Content builds trust.
Trust brings customers.
Ads only increase visibility.
If you run ads without content…
You will waste money.
But if your content is strong…
Even ₦5,000 ad can bring serious buyers.
Here is my Advice:
Don’t rush to run ads.
First…
Make your product speak
Show your quality
Educate your market
Then use ads to push it.
If you do this well…
You will not be competing on price anymore.
People will come to you and say:
“I want YOUR block… not just any block.”
And that is how you win in business.
i am Iking Ferry
See lessWhat does it take for you to mentor someone – Iking Ferry?
Let me answer you honestly… without sugarcoating anything. 1. What it takes for me to mentor someone For me, Mentorship is not about liking you. It is not about following me. It is not about asking many questions. Mentorship is about responsibility. And most people are not ready for it. These are thRead more
Let me answer you honestly… without sugarcoating anything.
1. What it takes for me to mentor someone
For me, Mentorship is not about liking you.
It is not about following me.
It is not about asking many questions.
Mentorship is about responsibility.
And most people are not ready for it.
These are the things I look for:
1. You must be serious with your life
Not motivated… serious.
Motivation fades.
Seriousness stays.
If you are still jumping from one opportunity to another,
looking for quick money…
Mentorship will not help you.
2. You must be willing to follow structure
I don’t do trial-and-error mentorship.
If I give you a structure and you keep doing your own thing…
You are wasting your time.
3. You must have patience
Wealth is not built in 3 months.
And If your mindset is: “Let me try this and see results quickly”
You are not ready.
4. You must be financially committed
Let me be very clear.
Free advice is general.
Mentorship is specific.
And anything that is specific requires:
Time
Attention
And Strategy
That is why mentorship is not free.
Not because of money alone…
But because commitment is tested through what you are willing to invest.
2. As a beginner, where should you start investing?
This is where most people make their biggest mistake.
They start with:
Crypto
Trading
And High-risk stocks
Because they want fast results.
Let me explain this better, using a simple example.
If Mama Ngozi has ₦100,000…
She will not use it to do risky business first.
She will first:
Keep part safe
Use small part to test business
That is wisdom.
Here’s a Step-by-Step Starting Point for Beginners:
Step 1: Start with Money Market Mutual Fund
This is your foundation.
Why?
Because… its Low risk investment with Stable returns, and very Easy to access.
This Helps you build discipline
Think of it as:
“Parking your money where it is working quietly”
Step 2: Learn before you move
Don’t rush into stocks.
First understand:
How companies make money
How to read basic financials
Why prices go up and down
Because…. Ignorance in investment is expensive.
Step 3: Move to Stocks gradually
When you understand the basics:
Start with strong companies
Think long-term
Don’t chase hype
Step 4: Only then consider high-risk assets
Like Crypto, aggressive investments…
And this Should not be more than 10% of your portfolio
Because… Anything beyond that is gambling, not investing.
Let me tell you the truth:
Most people are not poor because they don’t have money…
They are poor because:
They don’t have structure
They don’t have discipline
They don’t have patience
So… here’s My Advice to You
Don’t rush to look for mentorship.
First:
Build discipline
Start small
Stay consistent
When you are ready for structure…
Mentorship will find you.
I am Iking Ferry.
I don’t just teach investment.
I teach how to think about money.
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