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BUSINESS & ENTREPRENEURSHIP

This section focuses on how to build and grow wealth through business in Nigeria. Learn how to manage business finances, increase profit, and scale your business. Ask questions and get practical answers to improve your results.

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Fokona Latest Questions

Omodu Progress
Omodu Progress
Asked: June 25, 2026In: BUSINESS & ENTREPRENEURSHIP

Is Dropshipping a Good Business Idea to Start With ₦500,000 in Nigeria?

Good evening sir, and the fokana group at large. Sir from the last post yu made where you tagged, EE ARE INVESTING 5 MILLION IN THE BEST STUDENT. SO SIR, I’ve been looking for an opportunity like this to start ...Read more

digital marketingdropshipping businessEntrepreneurshipMutual Funds
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Eze Divinefavor
Eze Divinefavor
Asked: April 29, 2026In: BUSINESS & ENTREPRENEURSHIP

Does learning Stock Investing as a Digital Marketer in Nigeria count as pursuing something outside my expertise?

You posted the fastest way to be poor is pursuing what you can’t do, please explain Now I’m a digital Markerter but I recently began to pursue knowledge in stocks. Please Sir I want to invest in stocks does that ...Read more

beginner investingcareer transitionFinancial Literacystock investing nigeriaWealth Building
3
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Afogu chinedu
Afogu chinedu
Asked: March 24, 2026In: BUSINESS & ENTREPRENEURSHIP

How Is Investment Value Calculated in an Unlisted Business, and How Are Ownership and Profit Shares Determined?

Please sir, Iking Ferry on Facebook you made mention of someone willing to invest in Fokona business; My question is, let’s take it that you accepted, how would you calculate the business and know ...Read more

investment valueunlisted business
3
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Nwanne
Nwanne
Asked: April 11, 2026In: BUSINESS & ENTREPRENEURSHIP

What Is the Best Business Structure for a Private Nursery and Primary School in Rural Nigeria?

I have read your write up on business structure over and over, but I still need guidance. My question: Please, how do I get structure for my nursery and primary school business situated in a rural-rural settlement?

Businessbusiness structurewealth creation
3
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Anonymous
Anonymous
Asked: April 15, 2026In: BUSINESS & ENTREPRENEURSHIP

Should I Use a Holding Company and Trading Company for My Business in Nigeria?

I want to start a buying and selling business and according to your post on facebook you advice that a beginner should start with a holding company and a trading company in terms of structure. My questions are ( 1) ...Read more

Businessholding companytrading company
3
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Ogbaga Thomas Arinze
Ogbaga Thomas Arinze
Asked: March 24, 2026In: BUSINESS & ENTREPRENEURSHIP

How Can a Business Stay Competitive When Multiple Similar Businesses Operate in the Same Plaza?

What can one do in intense business competition in in such a way that people site two more same business in a plaza.

Businessglory ogbaga
3
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My Wife and I
My Wife and I
Asked: April 17, 2026In: BUSINESS & ENTREPRENEURSHIP

How can I build wealth from scratch in Nigeria as a beginner?

Pls in other to build wealth from scratch what do I need from the start, to create a source of daily income or save money and invest

wealth creation
2
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Nwanneka Philomena Chukwuma
Nwanneka Philomena Chukwuma
Asked: March 23, 2026In: BUSINESS & ENTREPRENEURSHIP

Why is it that people can spend 30 years working as employees but cannot spend 5yrs building personal business?

I’ve seen a lot of people complain that their salary income is not enough to take care of their basic needs but these same people will still reject business opportunities whenever it’s mentioned Does anyone have the answer to why ...Read more

Businessentrepreneur
2
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Moderator
ModeratorModerator
Asked: June 9, 2026In: BUSINESS & ENTREPRENEURSHIP

How Do I Register a Church in Nigeria and Is the Process Different From Business Name Registration?

I want to ask , is it the same process to register a business name apply to church registration How long does the registration take How much does it take to complete the registration Thanks

business registrationcaccharity organization
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Moderator
ModeratorModerator
Asked: July 17, 2026In: BUSINESS & ENTREPRENEURSHIP

How Can University Students Structure a Business Partnership in Nigeria?

I have a friend who is into sewing, sewing of both native and cooperate wears she is extremely gifted and we are both university students. On my own Part, I’m not a tailor, but I bring ideas to push ...Read more

business partnershipbusiness structurestudent entrepreneur
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