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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

Obinna Kingsley
Obinna Kingsley
Asked: March 22, 2026In: INVESTING & WEALTH BUILDING

What Is the Difference Between Mutual Funds and Money Market Mutual Funds?

What’s the difference between mutual funds and money market mutual funds

money market mutual fundsMutual Funds
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Telema
Telema
Asked: March 25, 2026In: INVESTING & WEALTH BUILDING

How Should Investors Account for FX Risk in Dollar-Denominated NIDF Investments When the Naira Strengthens?

Although the InvestNija NIDF offers low-risk, dollar-denominated returns, how should one account for FX risk if the naira strengthens against the dollar?

dollar investments nigeriafx risk nigerianidf investments
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SamuelPMAgu
SamuelPMAgu
Asked: April 8, 2026In: INVESTING & WEALTH BUILDING

What Is an FGN Bond in Nigeria and How Does It Work for Investors?

What is FGN BOND. Can someone help me to explain it and where can we get it , how to get it, the risk rates and benefits

capital market nigeriafgn bonds nigeriaInvestingsafe investment nigeria
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Bunmi Omowumi Jimoh
Bunmi Omowumi Jimoh
Asked: April 16, 2026In: INVESTING & WEALTH BUILDING

When Is the Best Time to Buy Shares in Nigeria: Before or After Dividend Payment?

Please, when is it advisable to buy shares of a company? Is it just before they pay dividends, or after the dividend, when the share price has dropped?

dividend investing nigeriangx stocksstockstock market nigeria
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Abubakar
Abubakar
Asked: April 21, 2026In: INVESTING & WEALTH BUILDING

Why is my UBA rights issue shares reflected in my CSCS account but not showing on Bamboo Nigeria dashboard?

I received a mail yesterday that my CSCS account has been credited with few units shares of UBA which I applied for last year. Sadly, it’s not reflecting on my bamboo dashboard. How can I figure it out sir?

bamboo app nigerianigeria stock exchangeuba rights issue
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Anonymous
Anonymous
Asked: April 24, 2026In: INVESTING & WEALTH BUILDING

How can I fill and submit Zenith Bank e-dividend form using InvestNaija app in Nigeria?

Please, how can I fill my dividend form for zenith bank? I’m using investnaija app

e-dividenzenith
1
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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

bamboo app investingngx stocks 2026nigerian stocks to buystock investing nigeria
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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.

asset management nigeriahigh yield investments nigeriainvestment platforms nigeriamoney market fund nigeriamoney market mutual fund
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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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Anonymous
Anonymous
Asked: June 2, 2026In: INVESTING & WEALTH BUILDING

How Can a Beginner Start Investing Monthly for Emergency Funds and Long-Term Wealth Building in Nigeria?

I’ve been reading a lot of write-ups about money investment and different platforms for investment. Being medically inclined, I seem to be a stark novice on business and financial education. Now I want to start investing money monthly (#15000 and ...Read more

beginner investingETFsmoney market fundTreasury BillsWealth Building
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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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