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Haruna Yahaya

Assistant ModeratorEconomist.
Ask Haruna Yahaya
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  1. Asked: March 19, 2026In: INVESTING & WEALTH BUILDING

    Please when does MTN pay dividend?

    Haruna Yahaya
    Haruna Yahaya Assistant Moderator Economist.
    Added an answer on March 19, 2026 at 9:00 pm

    easy ways to always get this information and others of such beforehand, visit ngx , locate mtn, scroll down and navigate to corporate disclosure you will see dividend anouncement.

    easy ways to always get this information and others of such beforehand, visit ngx , locate mtn, scroll down and navigate to corporate disclosure you will see dividend anouncement.

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

    What are Investor's benefits Apart from dividend?

    Haruna Yahaya
    Haruna Yahaya Assistant Moderator Economist.
    Added an answer on March 19, 2026 at 8:56 pm

    Apart from dividends, long-term investors (5–10+ years) mainly get these benefits: Capital growth stock prices rise over time as companies grow biggest wealth builder (sell higher later). Compounding gains build on gains exponentially (snowball effect). Lower taxes long-term capital gains often taxeRead more

    Apart from dividends, long-term investors (5–10+ years) mainly get these benefits:

    Capital growth stock prices rise over time as companies grow biggest wealth builder (sell higher later).
    Compounding gains build on gains exponentially (snowball effect).
    Lower taxes long-term capital gains often taxed less (or zero in some cases) vs short-term.
    Lower costs fewer trades  minimal fees/brokerage.
    Less volatility impact ride out crashes; markets trend up long-term.
    Lower stress ignore daily noise, no constant monitoring.
    Inflation hedge stocks beat inflation better than cash over decade.

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

    Buying Stock directly or Equity Fund – Which One is Better?

    Haruna Yahaya
    Haruna Yahaya Assistant Moderator Economist.
    Added an answer on March 19, 2026 at 8:45 pm

    For a beginner mutual funds (or index funds/ETFs) are way better than picking individual stocks yourself. Why: Less risk (diversification) No need to research companies daily You avoid most newbie mistakes Historically better results for most people starting out Individual stocks only do small amounRead more

    For a beginner mutual funds (or index funds/ETFs) are way better than picking individual stocks yourself.

    Why:
    Less risk (diversification)
    No need to research companies daily
    You avoid most newbie mistakes
    Historically better results for most people starting out

    Individual stocks only do small amounts later, once you’ve learned more.

    Start with mutual funds. That’s the practical move.

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

    How can Nigerian living abroad buy shares

    Haruna Yahaya
    Haruna Yahaya Assistant Moderator Economist.
    Added an answer on March 19, 2026 at 2:59 pm

    You can register and buy shares on InvestNaija or similar apps even when you are outside Nigeria.  Most platforms allow remote signup  you just submit ID (passport/NIN), proof of address, and verification online, and most importantly you need to have a Nigeria local number for otp verification 

    You can register and buy shares on InvestNaija or similar apps even when you are outside Nigeria.  Most platforms allow remote signup  you just submit ID (passport/NIN), proof of address, and verification online, and most importantly you need to have a Nigeria local number for otp verification 

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  5. Asked: March 19, 2026In: FINANCIAL LITERACY

    Best option between REITS and ETFs

    Haruna Yahaya
    Best Answer
    Haruna Yahaya Assistant Moderator Economist.
    Added an answer on March 19, 2026 at 1:47 pm

    For short-term investments, ETFs (Exchange-Traded Funds) might be a better option than REITs (Real Estate Investment Trusts). Here's why, - Liquidity: ETFs are generally more liquid than REITs, making it easier to buy and sell quickly. - Volatility: ETFs tend to be less volatile than REITs, which caRead more

    For short-term investments, ETFs (Exchange-Traded Funds) might be a better option than REITs (Real Estate Investment Trusts). Here’s why,

    – Liquidity: ETFs are generally more liquid than REITs, making it easier to buy and sell quickly.

    – Volatility: ETFs tend to be less volatile than REITs, which can be affected by changes in the real estate market.

    – Diversification: ETFs often provide broader diversification, reducing risk.

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  6. Asked: March 18, 2026In: FINANCIAL LITERACY

    What are the step by step measures to manage money?

    Haruna Yahaya
    Haruna Yahaya Assistant Moderator Economist.
    Added an answer on March 19, 2026 at 1:41 pm

    Here are step-by-step measures to manage money effectively: 1. Track expenses: Record every transaction, income, and expense. 2. Set goals: Define short-term and long-term financial objectives. 3. Create budget: Allocate income into needs (50-60%), wants (10-20%), and savings (20-30%). 4. PrioritizeRead more

    Here are step-by-step measures to manage money effectively:

    1. Track expenses: Record every transaction, income, and expense.

    2. Set goals: Define short-term and long-term financial objectives.

    3. Create budget: Allocate income into needs (50-60%), wants (10-20%), and savings (20-30%).

    4. Prioritize needs: Essential expenses like rent, utilities, and food.

    5. Manage debt: Pay off high-interest debts first.

    6. Save regularly: Allocate for emergencies and goals.

    7. Invest wisely: Grow wealth with informed investment choices.

    8. Monitor and adjust: Regularly review budget and adjust as needed.

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  7. Asked: March 18, 2026In: PERSONAL FINANCE

    Investment on Sukuk is it a risky investment?

    Haruna Yahaya
    Haruna Yahaya Assistant Moderator Economist.
    Added an answer on March 19, 2026 at 1:25 pm

    First of all, you have to understand all investments are risky but risk are categorized into: 1: high risk 2: medium risk 3: Low risk And when you talk about sukuk you should be looking at it as a medium risk investment.

    First of all, you have to understand all investments are risky but risk are categorized into:

    1: high risk

    2: medium risk

    3: Low risk

    And when you talk about sukuk you should be looking at it as a medium risk investment.

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  8. Asked: March 18, 2026In: TAXATION & COMPLIANCE

    How to get my business name tax filing done

    Haruna Yahaya
    Haruna Yahaya Assistant Moderator Economist.
    Added an answer on March 18, 2026 at 9:08 pm

    Here’s the brief practical way, 1: Register your business name with Corporate Affairs Commission (CAC) (if not already done). 2: Get a Tax Identification Number (TIN) from Federal Inland Revenue Service (NRS) free (online or at NRS office). 3: Visit your State Internal Revenue Service(e.g., Lagos IRRead more

    Here’s the brief practical way,

    1: Register your business name with Corporate Affairs Commission (CAC) (if not already done).

    2: Get a Tax Identification Number (TIN) from Federal Inland Revenue Service (NRS) free (online or at NRS office).

    3: Visit your State Internal Revenue Service(e.g., Lagos IRS) to open your tax file.

    4: Prepare simple records of your income and expenses.

    5: File your annual tax return (even if no profit) and pay any tax assessed.

    That’s all — CAC → TIN → Tax file → File returns yearly.

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  9. Asked: March 18, 2026In: INVESTING & WEALTH BUILDING

    What is the Difference between shares and stocks?

    Haruna Yahaya
    Haruna Yahaya Assistant Moderator Economist.
    Added an answer on March 18, 2026 at 8:57 pm

    Shares and stocks are often used interchangeably, but there's a subtle difference: Stock refers to a company's overall ownership, representing a claim on part of its assets and profits. Shares represent individual units of ownership in that company. Think of it like a pizza , Stock is the whole pizzRead more

    Shares and stocks are often used interchangeably, but there’s a subtle difference:

    Stock refers to a company’s overall ownership, representing a claim on part of its assets and profits.

    Shares represent individual units of ownership in that company.

    Think of it like a pizza ,

    Stock is the whole pizza.

    Shares are individual slices.

    When you buy shares, you’re buying a portion of the company’s stock.

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  10. Asked: March 18, 2026In: INVESTING & WEALTH BUILDING

    What is the difference between ETF and Equity Fund?

    Haruna Yahaya
    Haruna Yahaya Assistant Moderator Economist.
    Added an answer on March 18, 2026 at 8:15 pm

    ETFs (Exchange Traded Funds) and Equity Funds are both investment products, but they have key differences: 1. Structure: ETFs are traded on stock exchanges like individual stocks, while Equity Funds are typically mutual funds bought or sold at the end of the trading day. 2. Trading: ETFs offer flexiRead more

    ETFs (Exchange Traded Funds) and Equity Funds are both investment products, but they have key differences:

    1. Structure: ETFs are traded on stock exchanges like individual stocks, while Equity Funds are typically mutual funds bought or sold at the end of the trading day.

    2. Trading: ETFs offer flexibility to trade throughout the day, whereas Equity Funds are priced once daily.

    3. Fees: ETFs generally have lower fees compared to actively managed Equity Funds.

    4. Management: ETFs often track an index (passive), while Equity Funds can be actively managed.

    5. minimum Investment: ETFs can be bought in any quantity, while Equity Funds may have minimum investment requirements.

    For example, Stanbic ETF 30 tracks the NGX 30 index, offering broad market exposure. An Equity Fund, like a Nigerian equity mutual fund, might focus on specific sectors or stocks.

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