One of our community members asked: I run a cooperative society in Nigeria. With the money our members contribute every month, what profitable and relatively safe investments can we consider to make our savings grow and generate more income for ...Read more
Fokona Latest Questions
As a new investor with low risk appetite, which stocks would be best to buy and hold now? I bought Zenith Bank stocks last year with a small amount and they did so well in less than 6 months. ...Read more
Alex ejikeStarter
Primarily accounting taught us of equities to comprise of ordinary shares and preference shares. But then I have checked the apps can’t find it and even in the investment discussion spaces,I have not read anyone even mention it. Please does ...Read more
Me being a Muslim, is it essential to be sure of what I’m venturing into in accordance with my Faith. I invested in equity funds at Lotus halal ETF, but then I want to explore other investments, such as MMF, ...Read more
Can I find MONEY MARKET MUTUAL FUNDS on my bamboo app??
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Let’s talk about United Bank for Africa (UBA) What they do: Banking across Africa 🌍 Do they make money? Yes — consistent profits One Of The Risks In Banking sector Is Large Competition. Simple truth: Banks don’t die easily… but they don’t ...Read more
Can one invest in MMMF in a foreign currency such as the dollar?
There is something a friend of mine wants to know about Money Market fund. He wants to know if the interest added to his capital is compound or simple interest. If he has a million naira and it ...Read more
What type of investment is best for beginners?
Good day, please I got a message that the NIDF has opened N45 billion shares for subscription at 113… First would like a guide on how to subscribe for this offer and secondly can I sell my current NIDF shares ...Read more