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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

Miebakagh
Miebakagh
Asked: March 22, 2026In: INVESTING & WEALTH BUILDING

Do All Nigerian Banks Sell FGN Savings Bonds on Behalf of DMO?

Do all commercial banks in Nigeria sell the FGN savings bond on behave of the Debt Management Office?

fgn savings bond
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Fokona Editor
Fokona EditorModerator
Asked: March 22, 2026In: INVESTING & WEALTH BUILDING

How Long Does It Take to Get a CSCS Account and Stockbroking Account as a First-Time Investor After Buying FGN Bonds or Treasury Bills?

For how long ( Duration) will take to have or receive CSCS Account and stockbroking especially first time investor after successfully secured FGN bond and Treasury Bill ( standbi IBTC ).

cscs accountfgn bond and treasury bill
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Adenrele
Adenrele
Asked: March 27, 2026In: INVESTING & WEALTH BUILDING

How Does Vitafoam 1-for-5 Bonus Share Issue Work for Shareholders in Nigeria?

Bonus issue for vitafoam, to receive 1unit for every 5 units owned. Has anyone received that and how does that work. Thanks guys

nigerian stock marketvitafoam bonus shares
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Lade
Lade
Asked: April 7, 2026In: INVESTING & WEALTH BUILDING

Do Money Market Fund interest rates differ between investment companies in Nigeria?

Does money market fund interest rate differs? I mean does it depend on the investment company you invest with? What I thought was it’s uniformed until I saw two different rates from two investment company. Kindly enlighten me more. Thank ...Read more

interest ratemoney market mutual fund
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Ajayi Elijah Oyewumi
Ajayi Elijah Oyewumi
Asked: April 16, 2026In: INVESTING & WEALTH BUILDING

Should I Move My Fixed Savings to Stocks in Nigeria?

Hello, good day sir. I’m one of your followers on Facebook and fokona. Though I started following you around February and ever since I started following you my thinking about money totally changed for good. Please sir, there is something ...Read more

stock
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Nduka Chukwunweike
Nduka Chukwunweike
Asked: April 21, 2026In: INVESTING & WEALTH BUILDING

How can I check qualification dates and payment dates for Nigerian stocks paying dividends?

Please I would like to see Qualification date and Payment date of some of the companies that have approved their date. Thanks.

dividendsnigerian stocks
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Anonymous
Anonymous
Asked: April 24, 2026In: INVESTING & WEALTH BUILDING

Why did my Ecobank shares reduce after reconstruction on the Nigeria stock market and how can I resolve it?

Good morning, Please can someone guide me on what to do? . My dad bought 18,333 number of shares for me in ecobank in 2006 when I was much younger . When I went to claim my dividend in the ...Read more

sharesstock
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Dee
Dee
Asked: April 28, 2026In: INVESTING & WEALTH BUILDING

How Can I Reinvest GTCO Dividends Into More Shares on the NGX?

I recently purchased shares in several companies, including GTCO, and have now received dividends. I would like to reinvest these dividends but would appreciate guidance on how to proceed.”

dividend reinvestmentgtconigeria stock market
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Eze Divinefavor
Eze Divinefavor
Asked: May 15, 2026In: INVESTING & WEALTH BUILDING

How Long Does It Take for a Stock Trade to Be Executed After Placement?

I placed a trade and it hasn’t been executed even after I was sent a mail to confirm if I placed the trade. Secondly I came across a news where the president of US and Femi otedola invested in seperate stocks ...Read more

pending ordersstock tradingstockbroker processtrade execution
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John
John
Asked: May 23, 2026In: INVESTING & WEALTH BUILDING

How can investors determine if a company has low or high free float in the Nigeria stock market (NGX)?

How do one determine whether a company has low or high free float?

free float calculationfree float nigeriastock analysis nigeria
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