For compounding tenor of mmf which is better,monthly, quarterly,half yearly or yearly.
Fokona Latest Questions
I invested a certain amount in an MMF in Cowrywise. And today it has dropped drastically to loss of #5000. Honestly, the plan is for growth; then why the reduction? Please, is it advisable to remove it asap
I have a savings account that pays me a small amount of interest every month. Is it okay to keep my money there if I don’t use the interest?
I have afriprud shares, but my stock broker(Pinefields investment services is still operating based on analogue. I have CSCS and CHN numbers with Pinefields investment services. Right now, I have Bamboo another stock broker with new CSCS and CHN numbers for ...Read more
How can I invest in mmmf from togo without an existing Nigeria bank account?
There are speculations that the dollar will crash. This was a statement made by the vice president political or real. The question is what is the best thing to do with a dollar mutual fund in cowrywise? Will it be ...Read more
I didn’t receive my dividend from zenith bank. I bought my shares before the qualification date, I filled the e mandate form via EDMMS months back. I received several mails showing the different processes from payment pending to processing. The ...Read more
I am looking for safe, secure, and fully Shariah-compliant halal investment options suitable for long-term wealth building over 10–30 years. As a Muslim, I want investments that avoid riba (interest), haram businesses, and non-Islamic financial structures. I would like detailed guidance ...Read more
Is there any stock that pays dividend monthly,if they exit, please can you let me and others know and how much can one have to start it.
I want to invest in treasury bills from the comfort of my home. Which app is most suitable for me?