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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

Anonymous
Anonymous
Asked: May 3, 2026In: INVESTING & WEALTH BUILDING

What Are the Best Stocks to Buy in Nigeria With ₦200k for Beginners on Bamboo App?

Good morning Mr. Ferry 👋 Please have been following your posts on fb concerning stock market. I have 200k, which of the stocks would you advise I buy ? I have registered a bamboo app already. Please your advice will ...Read more

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Anonymous
Anonymous
Asked: May 7, 2026In: INVESTING & WEALTH BUILDING

Should I Invest in Money Market Mutual Funds or Land Banking in Nigeria as a Beginner?

I have funds but don’t have the full knowledge of capital market but I want to learn. Do I invest in MMF or land banking till I have the required knowledge for capital market?

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Mexcana Group
Mexcana Group
Asked: May 16, 2026In: INVESTING & WEALTH BUILDING

Which Money Market Mutual Fund Platform Pays the Highest Interest Rate in Nigeria?

pls which of the mmmf platforms pays higher interest on mmmf.

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GentleRiseCleaners
GentleRiseCleaners
Asked: May 23, 2026In: INVESTING & WEALTH BUILDING

Is Stanbic IBTC Ethical Fund a good long-term investment option in Nigeria for a 5-year plan?

I’m investing in Ethical mutual fund on Stanbic ibtc, currently Ethical fund is 7.24 naira per unit and I’m investing for 5 years, what do you think about Ethical fund? I’m projecting to buy and hold 100 thousand unit for ...Read more

ethical fund growth nigeriamutual fund projection nigeriastanbic ethical fund nigeria
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Comfort
Comfort
Asked: June 25, 2026In: INVESTING & WEALTH BUILDING

Does treasury bill have opening and closing dates?

Does treasury bill have opening days. Was at the bank for this but was told to come back in two weeks times. Checked after two weeks and was still told to check again that it’s closed. Kindly let me know ...Read more

treasury billTreasury Bills
1
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Anonymous
Anonymous
Asked: July 24, 2026In: INVESTING & WEALTH BUILDING

Sierra Leonean wanting to invest in Mutual funds in Sierra Leone. What would you recommend?

Thank you Iking, I am John from Sierra Leone, I want to invest in Mutual Funds, Treasury Bills, and Fixed Deposit in Sierra Leone. What would you recommend to me as an beginner in Investment? Currently we don’t have an ...Read more

beginner investingMutual Fundssierra leoneTreasury Bills
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Ifesinachi paul Nwangele
Ifesinachi paul Nwangele
Asked: August 14, 2026In: INVESTING & WEALTH BUILDING

How can an NGO registered with CAC open a corporate investment account with a stockbroker in Nigeria?

We founded a NGO and now has money at hand, how do we register with a broker app as a company. Remember the NGO is registered with CAC .

brokercorporate investment accountinvestmentngo investment
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Joseph Atenger
Joseph Atenger
Asked: August 26, 2026In: INVESTING & WEALTH BUILDING

Should I Buy, Hold, or Sell Nigerian Stocks as the 2027 Elections Approach?

Will there be negative or positive impact on some stocks, shareholders, and the general stock market as general elections is approaching in Nigeria. If yes, what do I need to learn, what actions do I need to take, what do ...Read more

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Longwul Damulak
Longwul Damulak
Asked: August 31, 2026In: INVESTING & WEALTH BUILDING

Where Can I Invest ₦1 Million in Nigeria as a Beginner?

The proper investment to start with 1million naira

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

Can I Invest on InvestNaija APP without a CSCS Account?

I filled for CSCS on InvestNaija APP. Up till now, no number has been sent. Can I invest now successfully or wait for the number before investing?

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  • Adeyemi Zainab Olamide
    Adeyemi Zainab Olamide added an answer MMF is calculated like this: Your balance × annual rate… October 16, 2026 at 4:24 pm
  • Anonymous added an answer An equity fund pools money from many investors and uses… October 16, 2026 at 4:13 pm
  • Alex ejike
    Alex ejike added an answer Waw this is very educative and thanks so much October 16, 2026 at 11:23 am

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