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INVESTING & WEALTH BUILDING

This section answers real questions about investing in Nigeria. Learn how to invest in stocks market, treasury bills, bonds, NIDF, Commecial Papers and other opportunities. Whether you are a beginner or experienced, you will find simple guidance to grow your money.

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Fokona Latest Questions

Casmir
Casmir
Asked: March 25, 2026In: INVESTING & WEALTH BUILDING

What Happens to My Account in Nigerian Stock Trading if a Stock Experiences a 100% Drawdown Like in Forex?

My experience in Forex market has shown me there’s no mercy when a particular trade indicates heavy drawdown. In most cases, ones account gets wiped out after margin call. Now in Nigerian stocks trading, what happens when a particular stock ...Read more

Investing
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Anonymous
Anonymous
Asked: March 26, 2026In: INVESTING & WEALTH BUILDING

Is It a Smart Move to Sell NGX Investments to Fund a Solar Power and Charging Business in Nigeria?

I have about 2.2 million on my NGX portfolio, I run a small cyber cafe business where power is only generated through generator, no power from national grid. I intend to withdraw about 1.8-2 million from the NGX and use ...Read more

investments
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Emmanuel
Emmanuel
Asked: March 26, 2026In: INVESTING & WEALTH BUILDING

How Much Should a Beginner Invest in Shares in Nigeria to Achieve Good Returns?

How much is good enough to put in it to yield good returns?

Investing
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GoodnessNweke
GoodnessNweke
Asked: March 25, 2026In: INVESTING & WEALTH BUILDING

Is It Better for Investors to Buy Bank Stocks or Company Stocks in Nigeria?

Is it advisable to buy Bank stocks or Company stocks?

Stock Market
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Hamed Abiola QUADRI
Hamed Abiola QUADRI
Asked: March 24, 2026In: INVESTING & WEALTH BUILDING

Which Is a Better Investment in Nigeria’s Current Economy: Agribusiness or Capital Market Investments?

Which will you prefer to invest in, agribusiness venture or capital market base on Nigeria current economy?

agricngx investingstock
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Stosh
Stosh
Asked: March 26, 2026In: INVESTING & WEALTH BUILDING

Are Dividends From Stocks Like MTN and Dangote Considered Riba (Interest) in Islamic Finance?

I want to buy shares in companies like MTN or Dangote, but I’m worried about the yearly payments (Dividends). Is a dividend the same thing as the interest a bank gives you? I want to avoid Riba at all costs.

dividends nigeriahalal investing nigeriaislamic finance nigeria
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Owolabi Lasisi
Owolabi Lasisi
Asked: April 9, 2026In: INVESTING & WEALTH BUILDING

How Can I Buy More GTCO Shares Through My Stockbroker in Nigeria?

Good day How do I add to my existing GTCO shares?

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Big Sam
Big Sam
Asked: March 26, 2026In: INVESTING & WEALTH BUILDING

Is There a Platform Like Coronation ShareholderLive That Lets You Track All Your Shares Across Different Registrars in Nigeria?

Is there a platform like shareholders live of Coronation Registrar that allows you to follow up with progress of all your shares/stocks on their platform. i want to know if others have such platform.

coronationregistrarsshareholderlive
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Justina Nnodu
Justina Nnodu
Asked: March 21, 2026In: INVESTING & WEALTH BUILDING

How can I invest in mutual funds to raise ₦100,000 within three months?

Mutual Fundsquestion investmentquestion investment mutual funds
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Alex ejike
Alex ejikeStarter
Asked: March 22, 2026In: INVESTING & WEALTH BUILDING

How do I correct a money market mutual fund account opened in the wrong name in Nigeria?

I opened an investment account for my kids at stanbic ibtc after filling the forms and have started making deposits into it. But I just realized that both were opened in my name even though I filled in the children’s ...Read more

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