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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

Olumide
Olumide
Asked: May 11, 2026In: INVESTING & WEALTH BUILDING

What Is the Best Short-Term Investment for ₦150k in Nigeria?

I have about 120-150k that I wouldn’t be need for now until 2-3 months later and I hereby seeking advice on the kind of investment I should lock it on for that period. If more than two investments, you can ...Read more

low-risk investmentsmoney market fundsshort-term investment nigeriatreasury bills nigeria
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PROMISE MADUBUIKE
PROMISE MADUBUIKE
Asked: June 29, 2026In: INVESTING & WEALTH BUILDING

What Percentage Interest Do Equity Funds Pay in Nigeria Compared to Bank Savings Accounts?

How does Equity Fund work in Nigeria?

equity fundinvestment returnsmutual funds nigerianigerian stock market
1
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Jenny12345
Jenny12345
Asked: August 26, 2026In: INVESTING & WEALTH BUILDING

What are some simple ways to grow your money safely without taking unnecessary risks?

I want to learn about safe ways to grow my savings over time. I’m looking for options that are easy for beginners to understand, including the possible risks, expected returns, and how much money someone can start with.

Investingpersonal savings
3
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Anthonia
Anthonia
Asked: March 21, 2026In: INVESTING & WEALTH BUILDING

Between Mutual funds or buying Shares which is better for a beginner?

Mutual funds or buying Shares which is better

Mutual FundsStock Market
1
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  • 1 1 Answer
Jenny12345
Jenny12345
Asked: August 26, 2026In: INVESTING & WEALTH BUILDING

How Can I Save Money Consistently When My Income Is Low?

I want to learn how to save money consistently even when my income is not very high. What practical methods can I use to manage my daily expenses, set aside savings, and still take care of my important needs?

emergency fundFinancial Literacy
2
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Yakubu Yila Ansolo
Yakubu Yila Ansolo
Asked: June 20, 2026In: INVESTING & WEALTH BUILDING

Why Is My Wema Bank Shares Dematerialization Delayed in Nigeria?

I applied for dematrilization of my wema Bank PLC shares through cowrywise who further used Meristem brokerage. My documentations are intact but yet to get any positive response after 10weeks. Cowrywise will refer me to Meristem while Meristem keeps referring ...Read more

cscs accountngx tradingshare dematerializationwema bank shares
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Anne Ekemena irejor
Anne Ekemena irejor
Asked: April 28, 2026In: INVESTING & WEALTH BUILDING

Can I Generate a New CHN Myself If My Broker’s CHN Is Not Working on Nigerian Investment Platforms?

A blessed day to you all . Please ooo in a suitation whereby a broker gives an investor a CHN and CSCs number and the numbers are been rejected by Naijainvest, when the investor was asked to update CHN number,Read more

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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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Akpe Effiong Akpe
Akpe Effiong Akpe
Asked: October 14, 2026In: INVESTING & WEALTH BUILDING

How Can I Check My FGN Savings Bond (FGSB) Investments on the InvestNaija App?

In Investnaija app how do I check my FGSB investments.

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Captain Mike
Captain Mike
Asked: July 17, 2026In: INVESTING & WEALTH BUILDING

How does minimum holding period work for MMF withdrawals? FIFO or average?

Let’s say I bought 10k units 5 months ago, and I bought another 5k units last week. If I withdraw 2k units now, which units get withdrawn first? Will I be penalized given that only 5k of my units ...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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    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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