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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

Yusuf idris
Yusuf idris
Asked: June 8, 2026In: INVESTING & WEALTH BUILDING

How Do I Register for E-Dividend to Receive Dividend Payments in Nigeria?

Please I have shares with different company but recently I heard about dividend payment but I didn’t receive any please how do I go about it?

dividend payment nigeriae-dividend registrationngx sharesunclaimed dividends
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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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John Kabi Quaicoe
John Kabi Quaicoe
Asked: March 26, 2026In: INVESTING & WEALTH BUILDING

What Is the Step-by-Step Process to Buy MTN or Ecobank Shares in Ghana as a Beginner?

As a new beginner who knew nothing about stocks or mutual fund,I need a step by step guide to buy a stock from Mtn or Ecobank in Ghana.thanks.

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ADEBIMPE OLORUNDARE EZEKIEL
ADEBIMPE OLORUNDARE EZEKIEL
Asked: September 9, 2026In: INVESTING & WEALTH BUILDING

How Can I Grow ₦400,000 Into a Retirement Fund in Nigeria?

What investment can be done in preparation for someone who will retire in 10years time and want to start with initial deposit of #400000 and topping it monthly with #20000

investment portfolioretirement planning
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Noble
Noble
Asked: September 16, 2026In: INVESTING & WEALTH BUILDING

Can I Make a Second IPO Application After Already Subscribing Once?

Can one person place offer for IPO twice? For instance, he has subscribed with certain amount and later before the close of offer, he has some amount available, can he subscribed again

ipo closingipo offer period
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Iking Ferry
Iking FerryFokona CEO
Asked: June 1, 2026In: INVESTING & WEALTH BUILDING

Is FGN Savings Bond a Good Investment in Nigeria?

Most Nigerians say they want to invest. But the moment they hear: “Lock your money for 2 years.” “Lock your money for 3 years.” They disappear immediately. And that is exactly why many people remain poor. Not because they don’t make ...Read more

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Anni
Anni
Asked: March 18, 2026In: INVESTING & WEALTH BUILDING

Can Invest on MMF and NIDF same time?

Please I want to know if as a beginner learning about investment, can someone invest in money market mutual funds and also NIDF same time?

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Sammybagu11
Sammybagu11
Asked: August 27, 2026In: INVESTING & WEALTH BUILDING

Which Currency Should I Hold in Nigeria: USD, GBP, or EUR?

₦10 million in my account today.And I have three options: 🇺🇸 US Dollar (USD) 🇬🇧 British Pound (GBP) 🇪🇺 Euro (EUR) Which one should I choose to hold—and WHY?

eurforeign currencygbpusd
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Olufemi Josephine
Olufemi Josephine
Asked: March 22, 2026In: INVESTING & WEALTH BUILDING

What Is the Difference Between ETFs and Equity Mutual Funds in Investing?

Please, I need clear explanation on the difference between an EFT and a Mutual Fund Equity?

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VICTOR IKECHUKWU CHINEMELU
VICTOR IKECHUKWU CHINEMELU
Asked: April 14, 2026In: INVESTING & WEALTH BUILDING

Why Are My Mutual Fund Orders Not Executed in Nigeria and Do They Have Specific Trading Hours?

I am having an issue , since Friday afternoon I have tried severally to buy Zedcrest Equity funds, Paramount Equity fund of Investnaija and also ARM aggressive growth fund, but on each occasion after placing it , they will tell ...Read more

Mutual Funds
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