For selling the shares, you would need a CSCS account and a stockbroker. You would first gather the old dividend warrants/notices, share certificates and her valid ID, then contact the registrar or a SEC-registered stockbroker.please verify any broker on the SEC website before handing over documentsRead more
For selling the shares, you would need a CSCS account and a stockbroker.
You would first gather the old dividend warrants/notices, share certificates and her valid ID, then contact the registrar or a SEC-registered stockbroker.please verify any broker on the SEC website before handing over documents or money.
Start by checking your name on the SEC unclaimed dividend portal. If the shares are traced, contact the company’s registrar and complete your e-dividend mandate. They can help trace the old dividends and process the claim.
Start by checking your name on the SEC unclaimed dividend portal. If the shares are traced, contact the company’s registrar and complete your e-dividend mandate. They can help trace the old dividends and process the claim.
If you are 35 with no degree, no skill and no connections you have to accept one uncomfortable truth you cannot invest your way because you probably have only time and energy, your first goal would not be buying stocks or crypto it's to build your earning power. 1. Learn one marketable skill. ChooseRead more
If you are 35 with no degree, no skill and no connections you have to accept one uncomfortable truth you cannot invest your way because you probably have only time and energy, your first goal would not be buying stocks or crypto it’s to build your earning power.
1. Learn one marketable skill.
Choose something people already pay for—sales, digital marketing, video editing, plumbing, electrical work, welding, bookkeeping, coding, etc.
2. Get paid for the skill.
Don’t spend two years “learning.” Learn, practise, find small jobs and improve through real work.
3. Increase your income.
The first ₦100k you make is more important than worrying about making ₦10m from investments.
4. Control your lifestyle.
As income rises, don’t immediately increase your expenses. Create room between what you earn and what you spend.
5. Build an emergency fund.
Before taking serious investment risks, create a financial cushion.
6. Start buying productive assets.
Once your income is stable, consistently invest part of your surplus in assets you understand.
7. Repeat for years.
At 35, you don’t need to become rich overnight.
You need to become more valuable every year, earn more every year, save more every year and own more productive assets every year.
You may be starting late, but 35 is still young enough to build a completely different financial life over the next 10–20 years.
Start with your income. Then build your assets.
Wealth is not built from where you start. It’s built from what you consistently do after you start.
Social media management Copywriting Graphic/UI design Web design Video editing Paid advertising Content creation Virtual assistance The skill alone won't make the money. Your ability to find clients, solve problems and consistently deliver value will.
Social media management
Copywriting
Graphic/UI design
Web design
Video editing
Paid advertising
Content creation
Virtual assistance
The skill alone won’t make the money. Your ability to find clients, solve problems and consistently deliver value will.
It depends don't make the mistake of increasing your rent simply because you're unhappy with the current place. First ask yourself What exactly is causing the unhappiness, and will the new apartment actually solve it? If it will, and you can still save, invest, eat well, handle emergencies and meetRead more
It depends
don’t make the mistake of increasing your rent simply because you’re unhappy with the current place. First ask yourself
What exactly is causing the unhappiness, and will the new apartment actually solve it? If it will, and you can still save, invest, eat well, handle emergencies and meet your other obligations after paying for it, then move.
If the new apartment genuinely improves your quality of life and the 35,000 CFA covers your total housing/transport cost.
You’re earning 180,000 CFA monthly, so 35,000 CFA is about 19% of your income, which is within a reasonable range.Money is important, but you shouldn’t sacrifice your peace of mind just to save a few thousand CFA.
You should look at the he highest buying price,look at the he lowest selling price,look at the spread between them, you should also look at the he volume sitting on both sides whether buyers are actually absorbing the sell orders or whether a large sell order keeps getting replenished look how liquiRead more
You should look at the he highest buying price,look at the he lowest selling price,look at the spread between them, you should also look at the he volume sitting on both sides whether buyers are actually absorbing the sell orders or whether a large sell order keeps getting replenished look how liquid the stock is.
The order book tells you what’s happening in the market at that moment,it also helps me decide how and where to place your order.
A very interesting question indeed but personally I think the comparison is fundamentally flawed. You cannot compare ₦1 million invested in stocks at 10% with a business that has to produces ₦50,000 profit every week and then conclude that business is the better investment. That business example isRead more
A very interesting question indeed but personally I think the comparison is fundamentally flawed.
You cannot compare ₦1 million invested in stocks at 10% with a business that has to produces ₦50,000 profit every week and then conclude that business is the better investment.
That business example is assuming execution, customers, consistent demand, competent management stays the same in five years.
If my business can genuinely turn ₦1m into ₦12m in five years, I will absolutely invest in it. But the question is: can it?
Because businesses don’t produce returns simply because you put money into them. The entrepreneur has to produce the return.
That’s the part people conveniently leave out.
When I buy shares of a profitable company, I’m not “funding someone else’s empire” while my foundation is starving. I’m buying ownership in a business without having to personally run the factory, employ the workers, find customers, manage payroll or deal with daily operational problems.
And there’s another important point:
You don’t have to choose one.
Build your business. Increase your income. Develop your skills. Then use part of the surplus to buy productive assets.
Your business can create the money.
Your investments can compound the money.
Calling stock investing “intellectually lazy” is not true. Probably the real intellectual laziness is assuming every ₦1m put into a business will automatically produce ₦12m.
The smartest investment is not determined by whether it is a business or a stock.
It’s determined by return, risk, your competence, your time, and the opportunity in front of you.
Sometimes the best investment is in your business.
Sometimes it’s in stocks.
And sometimes the smartest decision is simply not to invest until you understand what you’re doing.
Business and investment are both different wealth vehicles
One can say it’s two different legs, your right leg may be stronger than your left leg but to move fast you need both
How Can I Sell My First Bank and Skye Bank Shares in Nigeria?
For selling the shares, you would need a CSCS account and a stockbroker. You would first gather the old dividend warrants/notices, share certificates and her valid ID, then contact the registrar or a SEC-registered stockbroker.please verify any broker on the SEC website before handing over documentsRead more
For selling the shares, you would need a CSCS account and a stockbroker.
See lessYou would first gather the old dividend warrants/notices, share certificates and her valid ID, then contact the registrar or a SEC-registered stockbroker.please verify any broker on the SEC website before handing over documents or money.
How Can I Check for Unpaid Dividends on My Nigerian Shares?
Start by checking your name on the SEC unclaimed dividend portal. If the shares are traced, contact the company’s registrar and complete your e-dividend mandate. They can help trace the old dividends and process the claim.
Start by checking your name on the SEC unclaimed dividend portal. If the shares are traced, contact the company’s registrar and complete your e-dividend mandate. They can help trace the old dividends and process the claim.
See lessHow Can a 35-Year-Old in Nigeria Build Wealth From Scratch Without a Degree, Skills, or Connections?
If you are 35 with no degree, no skill and no connections you have to accept one uncomfortable truth you cannot invest your way because you probably have only time and energy, your first goal would not be buying stocks or crypto it's to build your earning power. 1. Learn one marketable skill. ChooseRead more
If you are 35 with no degree, no skill and no connections you have to accept one uncomfortable truth you cannot invest your way because you probably have only time and energy, your first goal would not be buying stocks or crypto it’s to build your earning power.
1. Learn one marketable skill.
Choose something people already pay for—sales, digital marketing, video editing, plumbing, electrical work, welding, bookkeeping, coding, etc.
2. Get paid for the skill.
Don’t spend two years “learning.” Learn, practise, find small jobs and improve through real work.
3. Increase your income.
The first ₦100k you make is more important than worrying about making ₦10m from investments.
4. Control your lifestyle.
As income rises, don’t immediately increase your expenses. Create room between what you earn and what you spend.
5. Build an emergency fund.
Before taking serious investment risks, create a financial cushion.
6. Start buying productive assets.
Once your income is stable, consistently invest part of your surplus in assets you understand.
7. Repeat for years.
At 35, you don’t need to become rich overnight.
You need to become more valuable every year, earn more every year, save more every year and own more productive assets every year.
You may be starting late, but 35 is still young enough to build a completely different financial life over the next 10–20 years.
Start with your income. Then build your assets.
Wealth is not built from where you start. It’s built from what you consistently do after you start.
See lessWhat Digital Skills Can I Learn to Earn ₦1 Million Within 4 Months in Nigeria?
Social media management Copywriting Graphic/UI design Web design Video editing Paid advertising Content creation Virtual assistance The skill alone won't make the money. Your ability to find clients, solve problems and consistently deliver value will.
Social media management
See lessCopywriting
Graphic/UI design
Web design
Video editing
Paid advertising
Content creation
Virtual assistance
The skill alone won’t make the money. Your ability to find clients, solve problems and consistently deliver value will.
Can I Join the Fokona Management Team to Access Early Starter Benefits?
Welcome on board
Welcome on board
See lessAm I Making a Financial Mistake by Moving to a ₣35,000 Apartment on a ₣180,000 Monthly Income?
It depends don't make the mistake of increasing your rent simply because you're unhappy with the current place. First ask yourself What exactly is causing the unhappiness, and will the new apartment actually solve it? If it will, and you can still save, invest, eat well, handle emergencies and meetRead more
It depends
don’t make the mistake of increasing your rent simply because you’re unhappy with the current place. First ask yourself
What exactly is causing the unhappiness, and will the new apartment actually solve it? If it will, and you can still save, invest, eat well, handle emergencies and meet your other obligations after paying for it, then move.
If the new apartment genuinely improves your quality of life and the 35,000 CFA covers your total housing/transport cost.
You’re earning 180,000 CFA monthly, so 35,000 CFA is about 19% of your income, which is within a reasonable range.Money is important, but you shouldn’t sacrifice your peace of mind just to save a few thousand CFA.
See lessHow Can I Read and Understand a Stock Order Book Before Buying Shares on the NGX?
You should look at the he highest buying price,look at the he lowest selling price,look at the spread between them, you should also look at the he volume sitting on both sides whether buyers are actually absorbing the sell orders or whether a large sell order keeps getting replenished look how liquiRead more
You should look at the he highest buying price,look at the he lowest selling price,look at the spread between them, you should also look at the he volume sitting on both sides whether buyers are actually absorbing the sell orders or whether a large sell order keeps getting replenished look how liquid the stock is.
The order book tells you what’s happening in the market at that moment,it also helps me decide how and where to place your order.
See lessIs Investing ₦1 Million in Stocks Better Than Starting a Business in Nigeria?
A very interesting question indeed but personally I think the comparison is fundamentally flawed. You cannot compare ₦1 million invested in stocks at 10% with a business that has to produces ₦50,000 profit every week and then conclude that business is the better investment. That business example isRead more
A very interesting question indeed but personally I think the comparison is fundamentally flawed.
See lessYou cannot compare ₦1 million invested in stocks at 10% with a business that has to produces ₦50,000 profit every week and then conclude that business is the better investment.
That business example is assuming execution, customers, consistent demand, competent management stays the same in five years.
If my business can genuinely turn ₦1m into ₦12m in five years, I will absolutely invest in it. But the question is: can it?
Because businesses don’t produce returns simply because you put money into them. The entrepreneur has to produce the return.
That’s the part people conveniently leave out.
When I buy shares of a profitable company, I’m not “funding someone else’s empire” while my foundation is starving. I’m buying ownership in a business without having to personally run the factory, employ the workers, find customers, manage payroll or deal with daily operational problems.
And there’s another important point:
You don’t have to choose one.
Build your business. Increase your income. Develop your skills. Then use part of the surplus to buy productive assets.
Your business can create the money.
Your investments can compound the money.
Calling stock investing “intellectually lazy” is not true. Probably the real intellectual laziness is assuming every ₦1m put into a business will automatically produce ₦12m.
The smartest investment is not determined by whether it is a business or a stock.
It’s determined by return, risk, your competence, your time, and the opportunity in front of you.
Sometimes the best investment is in your business.
Sometimes it’s in stocks.
And sometimes the smartest decision is simply not to invest until you understand what you’re doing.
Business and investment are both different wealth vehicles
One can say it’s two different legs, your right leg may be stronger than your left leg but to move fast you need both