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Ezekiel

Ask Ezekiel
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  1. Asked: March 20, 2026In: PERSONAL FINANCE

    What are the key principles of money management?

    Ezekiel
    Ezekiel
    Added an answer about 6 months ago

    Budgeting your income and expenses Saving regularly Avoiding unnecessary debt Investing wisely Tracking your spending

    Budgeting your income and expenses

    Saving regularly

    Avoiding unnecessary debt

    Investing wisely

    Tracking your spending

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  2. Asked: March 20, 2026In: BUSINESS & ENTREPRENEURSHIP

    What is entrepreneurship?

    Ezekiel
    Ezekiel
    Added an answer about 6 months ago

    Entrepreneurship is the process of starting, managing, and growing a business with the aim of making profit while solving problems or meeting needs in society.

    Entrepreneurship is the process of starting, managing, and growing a business with the aim of making profit while solving problems or meeting needs in society.

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  3. Asked: March 20, 2026In: PERSONAL FINANCE

    What is the difference between saving and investing?

    Ezekiel
    Ezekiel
    Added an answer about 6 months ago

    Saving involves setting aside money for short-term needs with little or no risk, while investing involves committing money to assets that can grow over time but may carry some level of risk.

    Saving involves setting aside money for short-term needs with little or no risk, while investing involves committing money to assets that can grow over time but may carry some level of risk.

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  4. Asked: March 20, 2026In: INVESTING & WEALTH BUILDING

    What Are Mutual Funds in Simple Terms for Beginners?

    Ezekiel
    Ezekiel
    Added an answer about 6 months ago

    Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other assets, managed by professional fund managers.

    Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other assets, managed by professional fund managers.

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  5. Asked: March 19, 2026In: STOCK & CAPITAL MARKET

    ­What are the financial benefits of being a member of Fokona?

    Ezekiel
    Ezekiel
    Added an answer about 6 months ago

    Fokona is a platform that enables you to learn more about finance, money and investment. You can also learn budgeting as well as strategic business ideas. This is the benefit of being a member of Fokona. Another benefit is that you will learn from others as well as contribute your knowledge towardsRead more

    Fokona is a platform that enables you to learn more about finance, money and investment. You can also learn budgeting as well as strategic business ideas. This is the benefit of being a member of Fokona.

    Another benefit is that you will learn from others as well as contribute your knowledge towards solving other people’s financial challenges probably with time four corner will be able to also reward is consisting users by making monetization available such as his practice by Facebook, tiktok, YouTube and the likes therefore if you are consistent, you will earn visibility and then you get paid.

    Fokona is a Pan African Financial Literacy Platform for beginners and experts in the Financial ecosystem.

    The CEO of Fokona is Iking Ferry from Ebonyi State in Nigeria.

     

    He is based in Lagos running other businesses like Affiliate marketing, coaching and training for newbies and intermediate investors.

     

    He is passionate about raising millionaires in Africa and the world 🌍 🌎 🌍.

    Greatness emanating from the South Eastern part of Nigeria.

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  6. Asked: March 20, 2026In: STOCK & CAPITAL MARKET

    What is Diversification? and how best can i diversify?

    Ezekiel
    Ezekiel
    Added an answer about 6 months ago

    Diversification is actually using the capital you have to invest in different kinds of stops and financial prospect that can in you more money over time rather than putting all your money in one stop or one company which may likely go up or go down day for today specify is to strategically look forRead more

    Diversification is actually using the capital you have to invest in different kinds of stops and financial prospect that can in you more money over time rather than putting all your money in one stop or one company which may likely go up or go down day for today specify is to strategically look for other means to grow your portfolio in different vectors like consumer good, like construction oil and gas and banking for better outcome.

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  7. Asked: March 20, 2026In: STOCK & CAPITAL MARKET

    Why Is Financial Literacy Important for Personal Finance Success in Nigeria?

    Ezekiel
    Ezekiel
    Added an answer about 6 months ago

    It helps individuals make smart money decisions, avoid debt, build wealth, and achieve financial independence. Without it, people are more likely to mismanage money and remain financially unstable.

    It helps individuals make smart money decisions, avoid debt, build wealth, and achieve financial independence. Without it, people are more likely to mismanage money and remain financially unstable.

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  8. Asked: March 19, 2026In: INVESTING & WEALTH BUILDING

    How Are Returns Generated and Reinvested in a Money Market Fund?

    Ezekiel
    Ezekiel
    Added an answer about 6 months ago

    Giving your money to experts to put it into an investment and then getting interest from that money. so the compounding is you continuing to put the same amount of money over a long period of time and allowing it to compound for more interests into your account.

    Giving your money to experts to put it into an investment and then getting interest from that money.

    so the compounding is you continuing to put the same amount of money over a long period of time and allowing it to compound for more interests into your account.

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  9. Asked: March 20, 2026In: STOCK & CAPITAL MARKET

    What is Financial Literacy?

    Ezekiel
    Ezekiel
    Added an answer about 6 months ago

    Financial literacy is the ability to understand and effectively manage money. It includes budgeting, saving, investing, debt management, and making informed financial decisions. In a lay language, it know everything about money.

    Financial literacy is the ability to understand and effectively manage money. It includes budgeting, saving, investing, debt management, and making informed financial decisions.

    In a lay language, it know everything about money.

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  10. Asked: March 20, 2026In: INVESTING & WEALTH BUILDING

    Why is the Nigerian stock market closed since morning on the Bamboo app?

    Ezekiel
    Ezekiel
    Added an answer about 6 months ago

    Anyway, the report says: “In observance of Eid al-Fitr, the Nigerian stock market will be closed today, Thursday, March 19, and Friday, March 20. Normal trading resumes on Monday, March 23. Meanwhile, U.S. markets will remain open as usual.”   It’s fine, Goodbye for this week on NGX, investorsRead more

    Anyway, the report says:

    “In observance of Eid al-Fitr, the Nigerian stock market will be closed today, Thursday, March 19, and Friday, March 20.

    Normal trading resumes on Monday, March 23.

    Meanwhile, U.S. markets will remain open as usual.”

     

    It’s fine, Goodbye for this week on NGX, investors and dear traders …Till Monday

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