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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

Fifedamilola
Fifedamilola
Asked: March 31, 2026In: INVESTING & WEALTH BUILDING

Why Does Bamboo Show “No Market” for Nigerian Stocks on the NGX?

I tried using bamboo to start investing in the Nigerian local market but “No market” was written in all the Companies. Does this mean there are certain times investment companies are open for investment? How I know if the company ...Read more

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Anonymous
Anonymous
Asked: March 31, 2026In: INVESTING & WEALTH BUILDING

Why Do Money Market Funds in Nigeria Show Different Interest Posting Frequencies Across Investment Platforms?

I run money market fund investment (MMF) with 2 investment companies….UCL and Invest naija. One updates its interest yield on my principal almost every two days while the other one updates the interest yield on my principal once in ...Read more

fintech investing nigeriammf nigeria
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Fifedamilola
Fifedamilola
Asked: March 30, 2026In: INVESTING & WEALTH BUILDING

How Can a Student Start Investing in Nigeria With Little Money?

How do I start an investment that would yield high interest in five years as student?

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Ezekiel
Ezekiel
Asked: March 30, 2026In: INVESTING & WEALTH BUILDING

How Do I Calculate Mutual Fund Returns and Interest Based on My Capital in Nigeria?

How do I calculate the interest based on my capital?

investment returns nigeriamutual funds nigeria
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Ezekiel
Ezekiel
Asked: March 30, 2026In: INVESTING & WEALTH BUILDING

What is the interest rate of Stanbic Ibtc Money Market mutual funds?

What is the interest rate of Stanbic Ibtc Money Market mutual funds?

mutual funds interest
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Ferdinand nwagbo
Ferdinand nwagbo
Asked: March 30, 2026In: INVESTING & WEALTH BUILDING

How Can I Retrieve Unclaimed Dividends From First Bank Shares in Nigeria?

Please how can i retrieve the dividends of the first bank stock my dad invested in. For years now he hasn’t received any. Is there anything i can do about it?

unclaimed dividends
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De Cidoman
De Cidoman
Asked: March 29, 2026In: INVESTING & WEALTH BUILDING

Is It Advisable to Take a Loan from an Islamic Bank to Invest, and What Are the Best Investment Options?

I have an opportunity to get some kind of loan from an Islamic bank. * Is it advisable to take the loan and plunge it into financial investments? * What investment options would you recommend?

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Chinedu
Chinedu
Asked: March 29, 2026In: INVESTING & WEALTH BUILDING

Why Does Afrinvest Show “Bond Subscription Not Found in Your History” for My FGN Savings Bonds?

Good evening all, I bought FG savings bonds couple of times this year and all have been allotted. Each time I checked my Afrinvest app, I keep seeing this 2 unread messages on fg Bond subscription saying “Bond subscription not ...Read more

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Jesse Edet
Jesse Edet
Asked: March 29, 2026In: INVESTING & WEALTH BUILDING

What Is the Difference Between a Market Order and a Limit Order in Stock Trading?

What is the difference between market Order and Limit Order?

ikingferrylimit ordermarket orderstock trading
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Philip wealth
Philip wealth
Asked: March 29, 2026In: INVESTING & WEALTH BUILDING

What Is the Best Investment Option for Students in Nigeria: Stocks or Mutual Funds?

As a student who’s just carful how he spends and he has adopted system of savings regardless of the little amount. Where is the best to put the savings? 1: stocks? 2: mutual funds?

Mutual Fundsstocksstudent 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
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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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