I want to have more knowledge on how buying a shares works and investing on stocks
Fokona Latest Questions
How did money market mutual funds work and how can I make money and reinvested my profit
I’m a student with 30k saved from my allowance. My friend said I should put it in MMF instead of leaving it in my savings account that gives me almost nothing. Is MMF really safe for small money like mine? ...Read more
Can I save a certain amount monthly on mmf like savings account or I have to keep a sum of money once in the MMF sir?
Hello, I registered on the Investnaija App a few months ago, just to be able to buy some units of NIDF. I got my dividend a few weeks later. I didn’t fill any E-Dividend Mandate. Does it mean that it ...Read more
If an ETF and an mutual fund both track the same index and achieve the same gross returns, why does the ETF typically outperform the mutual fund over the long term? Beyond fees, what structural factors contribute to this difference?
I have been searching to know how the stock is doing, but couldn’t find it. Please someone should help me.
I wanted to invest in Money Market Funds on Investnaija however the only method of payment available is Paystack. I tried to open a Paystack account but it requested some documents which I do not have yet. Please is there ...Read more
I have about 2.2 million on my NGX portfolio, I run a small cyber cafe business where power is only generated through generator, no power from national grid. I intend to withdraw about 1.8-2 million from the NGX and use ...Read more
What is the interest rate of Stanbic Ibtc Money Market mutual funds?