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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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Home/FINANCIAL LITERACY/Page 9
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NWAOHA EMMANUEL CHINONYE
NWAOHA EMMANUEL CHINONYE
Asked: March 27, 2026In: FINANCIAL LITERACY

Money Market Mutual funds Vs Bonds What’s the difference between MMMF and GOVERNMENT BONDS?

What’s the difference between MMMF and GOVERNMENT BONDS?

government bondsmmmf
7
  • 1
  • 7 7 Answers
Amarachi Solomon Diara
Amarachi Solomon Diara
Asked: March 27, 2026In: FINANCIAL LITERACY

Should I Buy Assets Like Land in My Business Name or Personal Name as a Registered Business Owner in Nigeria?

As a business owner, that’s Registered under CAC on Business Name, when buying properties such as Land, Engine, building, Which is the best Name to be used when doing such investments. Is it a business Name ...Read more

business nameland bankingpersonal name
5
  • 1
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Fokona Community
Fokona CommunityCommunity Desk
Asked: March 30, 2026In: FINANCIAL LITERACY

If I Invest ₦10 Million in FGN Bonds, Can I Use It to Get a Loan from the Bank Quickly?

One of our community members asked this question on to Iking Ferry: “If I invest ₦10 million in FGN Bonds and opportunity comes, can I walk into the bank with it as collateral and get a loan within ...Read more

fgn savings bondloan
3
  • 9
  • 3 3 Answers
PapaNgozi
PapaNgozi
Asked: March 31, 2026In: FINANCIAL LITERACY

should Nigerians be worried about the continuous borrowings by the FGN ?

@BBC news reported this afternoon,(31-03-2026)that the Senate has approved $6 billions external debts request for the president. With this continuous borrowings, where does it place Nigeria, and what should Nigerians be asking the federal government at the moment.

external loans nigeriafgn borrowingnigeria debt
1
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Ochoyoda
OchoyodaIntermediate
Asked: March 31, 2026In: FINANCIAL LITERACY

I Borrowed 20K → Made 250M → Gave 50M Gift… He Still Wants 20K. Who Is Wrong?

I wanted to strike a business worth 250M but needed just 20K to close the deal. I borrowed 20K from my friend. The deal worked out successfully. Out of appreciation, I gave him 50M. But he is still asking me ...Read more

poll
1
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  • 1 1 Answer
Melly
Melly
Asked: March 26, 2026In: FINANCIAL LITERACY

How Can a Student Save Money from a Small Side Hustle Despite High Expenses and Choking Bills?

What is your advise for a student who is selling Killishi as a side hustle in school but before she sells all killishi She realizes that there’s no profit for her because of bills and she wants to save How ...Read more

Savingssmall side hustle
3
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HembaCyprian
HembaCyprian
Asked: March 31, 2026In: FINANCIAL LITERACY

What Are the Step-by-Step Processes to Take an Insurance Policy in Nigeria for Beginners?

What steps can someone willing to take an insurance policy follow? And how best can you know a policy that covers what you desire?

beginner insurance guideinsurance nigeriarisk management nigeria
1
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Ochoyoda
Poll
OchoyodaIntermediate
Asked: March 30, 2026In: FINANCIAL LITERACY

If you met a billionaire today, what would you ask for to change your life?

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Ochoyoda
Poll
OchoyodaIntermediate
Asked: March 30, 2026In: FINANCIAL LITERACY

Which opportunity would you choose if a billionaire offered you one?

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1
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Ochoyoda
Poll
OchoyodaIntermediate
Asked: March 31, 2026In: FINANCIAL LITERACY

What’s a “rich habit” that people should start early?

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