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Fokona

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FINANCIAL LITERACY

This section helps you understand financial literacy in Nigeria in a simple and practical way. Learn how money works, how to save, budget, and build wealth step by step. You can ask questions and get clear answers that help you make better financial decisions in your everyday life.

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Fokona Latest Questions

Noble
Noble
Asked: March 26, 2026In: FINANCIAL LITERACY

How Can Investors Recover Their Funds If a Fund Manager Fails or a Money Market Mutual Fund Collapses in Nigeria?

We understood that if any bank collapses, NDIC, will offset, N5m from the deposit if it more that I and the remaining will have to take time, if it’s going to be recovered. What it is process of retrieving customer ...Read more

fund managermoney market mutual fund
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Olaleye
Olaleye
Asked: March 21, 2026In: FINANCIAL LITERACY

Please how can I invest my 13million that I am not using in the next ten years to come

1
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  • 1 1 Answer
Anonymous
Anonymous
Asked: April 30, 2026In: FINANCIAL LITERACY

When Should I Sell Shares in Nigeria to Still Qualify for Dividends Before the Qualification Date?

Good Morning Mr. Iking, Hope your day is going well. Thank you so much for always taking time out of your busy schedule to train us. Please, I bought BETAGLAS shares for the first time. I bought at a high price around ...Read more

dividendsshares
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Anonymous
Anonymous
Asked: April 23, 2026In: FINANCIAL LITERACY

What are the best online side hustles for university students in Nigeria to earn income and support basic needs?

What online side gig or hustle would you advise a university student studying cyber security 100L to venture into just make income to add up to substance him/her self with basics needs.

online side hustlestudent
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EkeneDilichukwu
EkeneDilichukwu
Asked: March 18, 2026In: FINANCIAL LITERACY

What is stock liquidity in Nigeria’s stock market and how does it affect ETF investors ?

Thanks for providing this platform for active interaction.  We appreciate all you do. My question is on stock liquidity. Let’s assume as a beginner in investment,  I bought Stanbic ETF 30 using Bamboo  and wants to resell but had no one to ...Read more

etf nigeriangxstock liquidity nigeria
2
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Chimexlink
Chimexlink
Asked: March 23, 2026In: FINANCIAL LITERACY

What Is the Best Investment Platform in Nigeria That Is Safe and Offers Good Interest Rates?

What is the best investment platform that is safe and has a good interest rate in Nigeria 

investment platform
1
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Egeolu Nchedochukwu Celine
Egeolu Nchedochukwu Celine
Asked: March 23, 2026In: FINANCIAL LITERACY

How Can Parents Open Investment Accounts for Their Kids on Stanbic or InvestNaija Apps in Nigeria?

Parents who are already using stanbic or investnija investment apps and want to open investment accounts for their kids using stanbic or investnija . Are they to download those investment apps again? Or how can they open them using ...Read more

investnaija appskids investmentstanbic ibtc
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Ezekiel Adole
Ezekiel Adole
Asked: April 18, 2026In: FINANCIAL LITERACY

How can I claim my Zenith Bank dividends in Nigeria for the first time?

I bought Zenith bank shares in 2024 and have not claimed any dividends before. How do I claim my dividends easily?

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Jonathan David Akolo
Jonathan David Akolo
Asked: April 9, 2026In: FINANCIAL LITERACY

How Can I Transfer My Shares from One Broker to Another in Nigeria?

I requested for a transfer of my shares from PIPC SECURITIES LIMITED broker to invest naija, here is their response and am confused on the financial language. Pls I need a help. Dear Jonathan David, Thank you for contacting InvestNaija. Following your ...Read more

cscstransfer of shares
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Onyx_WiseFidafa
Onyx_WiseFidafaContributor
Asked: March 26, 2026In: FINANCIAL LITERACY

How Do You Decide Whether to Spend or Invest Money: What Rules and Strategies Should You Follow?

For example: Do you follow a rule? Do you prioritize needs first? Do you invest first before spending? Let’s learn from different approaches …..

financial habitMoney Managementpersonal income
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    Eshiet added an answer Thank you sir. I guess money market fund will be… May 1, 2026 at 9:48 pm
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    Ochoyoda added an answer In Nigeria, this is a very common misunderstanding. The short… May 1, 2026 at 2:40 pm

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