Before the share certificates were dematerialized, I used to hear that people use them to borrow money from Banks. Is it still applicable today that we are in digital CSCS era? If true, how does one go about it?
Fokona Latest Questions
Is JPMorgan a member of institutional account? I need more details of it especially in Nigeria. Thanks
After opening a mutual money account with stanbic bank, another Uba account was written and given to me. I will have to fund the Uba account and then write my mutual account under narration before my mutual account will be ...Read more
Good afternoon sir, I saw your post about loan on your Facebook page and i still have further questions. I am into sales of agricultural machines and implements and sometimes last year I borrowed N10m From UBA. I was ...Read more
What’s the difference between international bank and national bank Is there any added advantage in banking with either of them
I noticed that I was debited for a loan repayment but I never applied for a loan or get any alert for a loan. Please what should I do? I think I have been scammed.
I will like to know what is institutional account and how it works with examples? In addition, I want to what is block trade?
I’m trying to choose a bank that will be most effective in running my business but I don’t know if I can open a corporate account via Fintech bank
For a startup business in Nigeria today, especially,or anywhere around the world,which bank do you recommend to this business, that is,a startup business,for them to use,inorder to accept both local transaction or payments,and foreign payment from customers? And why,are these ...Read more
The way NDIC Insurance covers commercial banks to the tune of 5 million max and 2 million for Microfinance banks, is it possible or likely for FGN Bonds to be insured by NDIC if you have bonds worth 5 million ...Read more