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Alex ejike

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Fokona Latest Questions

Alex ejike
Alex ejikeStarter
Asked: September 1, 2026In: BANKING & FINANCIAL SERVICES

What Does the New ₦21,500 Monthly SME Account Fee Mean for Nigerian Business Owners?

Please an analysis to this message I got from my bank this morning. Does it imply that I will be charged the said levy on what I have in my sme account even if I did not transaction.: From 1 Sep ...Read more

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Alex ejike
Alex ejikeStarter
Asked: August 30, 2026In: INVESTING & WEALTH BUILDING

Which Compounding Tenor Is Best for a Money Market Mutual Fund in Nigeria?

For compounding tenor of mmf which is better,monthly, quarterly,half yearly or yearly.

compound interestcompounding frequencymoney market mutual fund
2
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Alex ejike
Alex ejikeStarter
Asked: August 22, 2026In: STOCK & CAPITAL MARKET

Why Are My Dematerialized Shares Not Fully Credited to My CSCS Account in Nigeria?

Hello sir/na. I applied for dematerialization of shares but the stock brocker only credited my CSCS with a figment of all 50 out of 675. And since then they said they are working it and that was sine February ...Read more

cscsdematerialized sharesshare dematerializationstockbroker
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Alex ejike
Alex ejikeStarter
Asked: July 9, 2026In: STOCK & CAPITAL MARKET

Why Is My Sell Order for BUA Cement Shares Still Showing as "Executing" on the NGX?

Someone asked me a question a few days ago. He said he placed a sell order on his bus cement shares price for two weeks and it remained on executing so I asked him to cancel it and re order ...Read more

bua cementngxsell orderStock Market
2
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Alex ejike
Alex ejikeStarter
Asked: June 17, 2026In: INVESTING & WEALTH BUILDING

What Should I Do When My Equity Fund Drops During a Market Downturn?

Not panicking for sure. But then the question in my head this morning is. Am I doing the right thing My equity funds started going down since the profit taken season and readjustments in the market. For a while I ...Read more

equity fundsinvestment strategylong term investingmoney market funds
2
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  • 2 2 Answers
Alex ejike
Alex ejikeStarter
Asked: June 10, 2026In: INVESTING & WEALTH BUILDING

How Can I Recover Payment for Shares That Were Delisted and Converted to Cash in Nigeria?

One of my followers came up with this. He has changed account with account number from one newdevco finance services . He should me a paper he receives from them last in 2018 with CSCS as a header and from ...Read more

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2
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  • 2 2 Answers
Alex ejike
Alex ejikeStarter
Asked: June 3, 2026In: INVESTING & WEALTH BUILDING

Should Investors Ignore Certain Red Flags When Evaluating Stocks for Long-Term Growth?

If a company has never paid dividends and it is not also making profits and then you study the share price movement for the past three years and it’s a snail movement. Now beside these three key factor indicators is ...Read more

investing fundamentalslong term investingngx stocksstock analysis
1
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Alex ejike
Alex ejikeStarter
Asked: May 27, 2026In: INVESTING & WEALTH BUILDING

Which Nigerian Companies Could Benefit Most From Dangote Refinery’s Expansion and IPO?

I am just thinking but then wants to ask. Everybody is talking about dangote refinery ipo. But I want to ask which are the companies that may likely benefit from an enhanced capacity operation of the dangote refinery because I ...Read more

dangote refinery ipongx stocksnigerian stock market
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Alex ejike
Alex ejikeStarter
Asked: May 27, 2026In: STOCK & CAPITAL MARKET

What Mistakes Do Many Nigerians Make When Planning for Retirement?

Financial literacy is making people think more widely these days today a civil servant me a question. he said he had 8 years to retire and he had never thought of it until recently after an engagement. He said ...Read more

#financial educationFinancial Literacyretirement mistakeswealth management
1
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Alex ejike
Alex ejikeStarter
Asked: May 14, 2026In: INVESTING & WEALTH BUILDING

How Can Cooperative Societies Help Families Survive Economic Hardship In Nigeria?

In light of the cooperative model and its underlying principles, how can groups of five, ten, or more individuals leverage this system to effectively navigate the current economic challenges in Nigeria?” Truth be told people and families are facing it.

cooperative societyeconomic hardshipWealth Building
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