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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

Elisha KipKeter
Elisha KipKeter
Asked: August 26, 2026In: INVESTING & WEALTH BUILDING

Would you consider investing on treasury bills and stock markets over money market fund (MMF)?

Would you consider investing on treasury bills and stock markets over money market fund (MMF)

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Codewithemi
CodewithemiStarter
Asked: March 20, 2026In: INVESTING & WEALTH BUILDING

Which is best to leave your money for long time investment between MMF and Stock?

Between the stock market and the MMF market which is advisable to leave money for long time investment?

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3
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Ruthzee
Ruthzee
Asked: October 9, 2026In: INVESTING & WEALTH BUILDING

How Can I Open a Minor Investment Account for My Children in Nigeria?

Please advice me on investment I can make for my children where my hubby and I can be signatories to and the children will access it when they turn 18

investing for minorsstocks for children
1
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  • 1 1 Answer
Jideofor
Jideofor
Asked: September 7, 2026In: INVESTING & WEALTH BUILDING

What Is the Best Investment Plan for Public Servants in Nigeria?

As a public servant, which saving strategies are most suitable; Stock, bond etc. please I need clarification.

public servants nigeriawealth building nigeria
5
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Richee Amaechi
Richee Amaechi
Asked: May 28, 2026In: INVESTING & WEALTH BUILDING

How can Nigerians in the diaspora open investment accounts without a Nigerian phone number?

I live abroad and want to use most of Nigerian app like bamboo, Afrinvestor for MMF and the rest but my account will not be approved because I do not have a Nigerian number to use for OTP, please ...Read more

diaspora investinginternational investorsmoney market fundsnigerian investment apps
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Ajayi Elijah Oyewumi
Ajayi Elijah Oyewumi
Asked: April 16, 2026In: INVESTING & WEALTH BUILDING

Should I Move My Fixed Savings to Stocks in Nigeria?

Hello, good day sir. I’m one of your followers on Facebook and fokona. Though I started following you around February and ever since I started following you my thinking about money totally changed for good. Please sir, there is something ...Read more

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Fokona Editor
Fokona EditorModerator
Asked: March 19, 2026In: INVESTING & WEALTH BUILDING

What is the best Equity Fund manager to invest with?

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ADEBIMPE OLORUNDARE EZEKIEL
ADEBIMPE OLORUNDARE EZEKIEL
Asked: August 21, 2026In: INVESTING & WEALTH BUILDING

What Is the Best Investment Platform for Compound Interest and Retirement Savings in Nigeria?

Which investment platform good for compound interest for my salary with initial deposit of #400000 and #20000 monthly for the next 10years

compound interestlong term investingretirement investment
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Anonymous
Anonymous
Asked: July 14, 2026In: INVESTING & WEALTH BUILDING

Can I Invest Less Than the Unit Price in the Stanbic IBTC Equity Fund in Nigeria?

Stanbic IBTC Equity fund is about 60k + / unit share. Can someone investment less than the unit share and keep increase it as time pass?

equity fundmutual funds nigeriastanbic ibtc equity fund
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Samuel Chibuike
Samuel Chibuike
Asked: March 28, 2026In: INVESTING & WEALTH BUILDING

What Should I Do If My Stock Trades Were Duplicated Due to Broker Network Issues in Nigeria?

During the recent network glitch on Afrinvest broker, I noticed that multiple trades were executed for me (NGXGROUP stock precisely) now my balance is giving me a negative value while the units were credited to my portfolio. Please what should ...Read more

ngx trading errorstockbroker issues nigeria
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