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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

AdéDan Assets portfolio
AdéDan Assets portfolio
Asked: May 15, 2026In: INVESTING & WEALTH BUILDING

Can I Use the Same CHN and CSCS Number Across Different Stockbrokers?

I got my CHN/CSS number through bamboo registration but after registering with investnaija, I was told that my CHN number didn’t exist and after reaching out to their support team , I was told that ,its not permissible to use ...Read more

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Egeolu Nchedochukwu Celine
Egeolu Nchedochukwu Celine
Asked: May 22, 2026In: INVESTING & WEALTH BUILDING

Is It Necessary to Link CSCS and CHN to the NGX for Stock Market Investing in Nigeria?

Pls is it necessary for one to link her CSCS and CHN to NGX? If yes, pls what are the steps to it? List out the importance of doing that wil be helpful also.

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Yakubu Yila Ansolo
Yakubu Yila Ansolo
Asked: June 20, 2026In: INVESTING & WEALTH BUILDING

Why Is My Wema Bank Shares Dematerialization Delayed in Nigeria?

I applied for dematrilization of my wema Bank PLC shares through cowrywise who further used Meristem brokerage. My documentations are intact but yet to get any positive response after 10weeks. Cowrywise will refer me to Meristem while Meristem keeps referring ...Read more

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Anonymous
Anonymous
Asked: July 21, 2026In: INVESTING & WEALTH BUILDING

Is It Safe to Invest in Money Market Mutual Funds Through Multiple Platforms in Nigeria?

Is it advisable to invest in money market mutual funds using two different platforms?

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Adebayo Adeloye
Adebayo Adeloye
Asked: August 8, 2026In: INVESTING & WEALTH BUILDING

What is the difference between balanced funds and equity funds in Nigeria?

What’s the difference between Balanced fund and Equity fund?. Is there any down sides to investing in both?

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Alex ejike
Alex ejikeStarter
Asked: August 30, 2026In: INVESTING & WEALTH BUILDING

Which Compounding Tenor Is Best for a Money Market Mutual Fund in Nigeria?

For compounding tenor of mmf which is better,monthly, quarterly,half yearly or yearly.

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Geraldine
Geraldine
Asked: September 4, 2026In: INVESTING & WEALTH BUILDING

Can a Money Market Fund Lose Money in Nigeria?

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

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

Is it Haram to keep my money in a regular Savings Account?

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?

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Kelechi Nwaneri
Kelechi Nwaneri
Asked: April 22, 2026In: INVESTING & WEALTH BUILDING

How can I consolidate analogue and digital CSCS accounts for my Afriprud shares in Nigeria?

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

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Darlington
Darlington
Asked: April 30, 2026In: INVESTING & WEALTH BUILDING

Can I Invest in Nigerian Money Market Funds (MMF) From Togo Without a Nigerian Bank Account?

How can I invest in mmmf from togo without an existing Nigeria bank account?

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