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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: August 27, 2026In: INVESTING & WEALTH BUILDING

What Are the Best Investments for Parents to Secure Their Children’s Future in Nigeria?

What type of investment can a parent do to secure the future of their children and also to make life easier for them.

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Jay9345
Jay9345
Asked: September 2, 2026In: INVESTING & WEALTH BUILDING

What Is the Best Investment for ₦20,000 in Nigeria for the First Time?

I’m a beginner who wants to start building good financial habits and grow my money gradually. I have about ₦20,000 available to invest, but I’m not sure whether I should consider stocks, Treasury bills, mutual funds, or other low-risk options. ...Read more

beginner investingwealth building nigeria
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SimboAyoola
SimboAyoola
Asked: September 7, 2026In: INVESTING & WEALTH BUILDING

How Can I Claim Dividends From Shares I Bought in 1998 in Nigeria?

I bought shares from Trans international Bank plc in 1998,l was able to see certificates of shares dated 20 March 1998 and bonus certificates dated 3 march 1998 recently, the bank is not in existence,pls how do l get my ...Read more

defunct bank sharesshare registrar nigeria
6
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Omotoso olamilekan Solomon
Omotoso olamilekan Solomon
Asked: September 13, 2026In: INVESTING & WEALTH BUILDING

Can I Use the Same CHN With Different Stockbrokers in Nigeria?

While am trying to set up my CSCS and CHN account on zedcrest wealth app some days ago, they asked for my CHN and input it (but that was generated from another stockbroker app “investnaija”) but was rejected.and i chatted ...Read more

cscs accountcscs number
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Nzekaibie
Nzekaibie
Asked: September 23, 2026In: INVESTING & WEALTH BUILDING

Can debt leverage be used to increase equity in a business?

How does one use debit leverage for business growth? Can I use it for equity growth?

debt managementleverage strategy
3
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Anonymous
Anonymous
Asked: March 20, 2026In: INVESTING & WEALTH BUILDING

Can I Still Buy Shares After a Company Declares Dividend in Nigeria?

Two days ago MTN Nigeria declare N15 for each unit share own in the company before 8th of April, 2026. Is it advisable for someone to invest in the share?

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Omotoso olamilekan Solomon
Omotoso olamilekan Solomon
Asked: March 22, 2026In: INVESTING & WEALTH BUILDING

Can I Use the Same CHN Across Different Stock Brokers in Nigeria?

Have created CSCS and CHN with the investnaija app but unfortunately have not used the app for any investment because have not been able to transfer money to my wallet, please if i download another stockbroker app, can i use ...Read more

chnstockbroker
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Wisdom
Wisdom
Asked: March 27, 2026In: INVESTING & WEALTH BUILDING

What Important Knowledge Do I Need Before Starting Stock Market Investment in Nigeria?

What are the important rules and knowledge needed before entering into Stock Market

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Egeolu Nchedochukwu Celine
Egeolu Nchedochukwu Celine
Asked: April 6, 2026In: INVESTING & WEALTH BUILDING

Can I Complain If My Money Market Fund Is Not Paying Returns in Nigeria?

Can one complain when no interest has been given to her money market fund account for some time?

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Fokona Community
Fokona CommunityCommunity Desk
Asked: April 14, 2026In: INVESTING & WEALTH BUILDING

If I Invest in a Money Market Mutual Fund at 20% Interest and the Rate Drops to 17%, Which Rate Will I Be Paid in Nigeria?

One of our Community members ask: Good day sir, I want to understand how interest rates work in money market mutual funds in Nigeria. For example: If I invest ₦5,000 in a money market mutual fund when the interest rate ...Read more

interest rates in nigeriamoney market mutual fund
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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
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    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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