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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

Chineche
Chineche
Asked: September 10, 2026In: INVESTING & WEALTH BUILDING

Why is compound growth important for a long-term investor?

Compound Interest Why is compound growth important for a long-term investor? Compound growth means your returns can themselves generate additional returns when they remain invested. The longer the investment period and the more consistently you contribute, the more powerful compounding can ...Read more

#wealthbuildinginvestmentlongterminvestment
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Churistermakuo
Churistermakuo
Asked: May 5, 2026In: INVESTING & WEALTH BUILDING

How Do I Confirm That My Money Market Mutual Fund Investment Has Been Successfully Funded in Nigeria?

How do you know the money you topped in money mutual fund has been successfully funded, because I topped up my money mutual fund and is still reflecting the same figures that I funded last month

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Enyereibe Paul chukwudi
Enyereibe Paul chukwudi
Asked: April 24, 2026In: INVESTING & WEALTH BUILDING

Why is my dividend history showing GTCO instead of my bank account on Datamax shareholders portal in Nigeria and how can I fix it?

Good morning Iking Ferry. I just subscribed for datamax shareholders online portal. I’m having challenges on the dividends history, on the client account it’s showing the gtco and I thought it’s supposed to be my dividends account, like my access ...Read more

dividend
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Tomi Otegbade
Tomi Otegbade
Asked: April 18, 2026In: INVESTING & WEALTH BUILDING

What's the difference between Dividend paying stocks and non Dividend paying, if there is?

I read on one of your posts about dividend paying stocks and your explanation. The question is, do we have stocks that doesn’t pay dividends? If yes, what are the differences and similarities of both stocks? Thank you.

dividends
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DAVID MANASSEH MICHAEL
DAVID MANASSEH MICHAEL
Asked: September 8, 2026In: INVESTING & WEALTH BUILDING

Why Can’t I Buy NGX Shares Even Though I Have a CSCS Account?

I’m trying to buy shares but the system kept saying NO TRADING ACCOUNT NUMBER, how can i rectify and solve this issue?

buying stocksInvesting
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Enyereibe Paul chukwudi
Enyereibe Paul chukwudi
Asked: May 3, 2026In: INVESTING & WEALTH BUILDING

Why Did My Dividends Enter a Different Bank Account in Nigeria?

I asked a question yesterday about my dividends not received. I decided to look at my other account, I saw the dividends right in my fidelity account. I’m shocked because I didn’t use my fidelity account rather I used my ...Read more

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Anonymous
Anonymous
Asked: July 21, 2026In: INVESTING & WEALTH BUILDING

Is It Safe to Invest in Money Market Mutual Funds Through Multiple Platforms in Nigeria?

Is it advisable to invest in money market mutual funds using two different platforms?

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Yashim Gwani
Yashim Gwani
Asked: April 19, 2026In: INVESTING & WEALTH BUILDING

How can I transfer my share certificates to Meritrade in Nigeria?

I have various shares certificate and also shares bought through a broker with CSCS number. I am now trading with Meristem broker with new CSCS number. My question is can all my shares be added to my Meritrade profile and ...Read more

meritradeshare certificatessharesstocks
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Afolabi
Afolabi
Asked: August 31, 2026In: INVESTING & WEALTH BUILDING

Can Salary Earners Build Generational Wealth Through Money Market Funds in Nigeria?

How to build a generational wealth as a salary earner with money market mutual funds

generational wealthInvestingmoney market mutual fundssalary earners
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Anonymous
Anonymous
Asked: September 14, 2026In: INVESTING & WEALTH BUILDING

How Do I Conduct a CSCS Global Search for Shares I Cannot Find in Nigeria?

Our late dad bought shares in our names but we can’t find details like the share certificate , cscs statement, dividend warrant, application form for easy reference as demanded from the registrar. How do I get all this information because ...Read more

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    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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