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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

Anonymous
Anonymous
Asked: May 4, 2026In: INVESTING & WEALTH BUILDING

What Should I Do If My Stockbroker Cannot Provide My CSCS Statement in Nigeria?

Good day blessed Boss/Bosses. Hope you had a blessed day. Please how can I handle a broker who has nothing to show me of my investment? NO authentic cscs account and failure to provide a statement of Holden’s? Thus preventing ...Read more

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

How Can I Recover Old Access Bank Shares Bought in Nigeria in 2007?

A relative of mine bought shares from Access Bank in 2007 but does not know anything about it. She wants to know how she can find out the present state of those shares and also to have access to the ...Read more

access bank sharescscs nigeriangx sharesunclaimed dividends
3
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Egeolu Nchedochukwu Celine
Egeolu Nchedochukwu Celine
Asked: May 21, 2026In: INVESTING & WEALTH BUILDING

Can parents open a CSCS account for their children to invest in Nigerian stocks?

Pls how do I open a cscs account for a minor?

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1
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Richee Amaechi
Richee Amaechi
Asked: May 28, 2026In: INVESTING & WEALTH BUILDING

How can Nigerians in the diaspora open investment accounts without a Nigerian phone number?

I live abroad and want to use most of Nigerian app like bamboo, Afrinvestor for MMF and the rest but my account will not be approved because I do not have a Nigerian number to use for OTP, please ...Read more

diaspora investinginternational investorsmoney market fundsnigerian investment apps
1
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NobleSanderson
NobleSanderson
Asked: June 13, 2026In: INVESTING & WEALTH BUILDING

Are Nigerian Treasury Bills and Treasury Funds Good Medium to Long-Term Investments?

How prudent is it to invest in Nigerian Treasury Bills or Treasury Funds as a medium- to long-term investment? I’d appreciate insights on the risks, returns, and how they compare with other relatively safe investment options in Nigeria.

fixed income investmentmoney market fundtreasury bills nigeriatreasury funds
1
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Ikyegh Desiree
Ikyegh Desiree
Asked: July 15, 2026In: INVESTING & WEALTH BUILDING

How Can I Diversify a ₦500,000 Investment Portfolio in Nigeria?

what investmen can i make now if i have 500,000 and want to diversify

₦500000 investmentinvestment diversificationportfolio diversification
1
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Chizuruoke
Chizuruoke
Asked: August 3, 2026In: INVESTING & WEALTH BUILDING

Should I save money in a bank account or invest in a money market fund for 3–4 years in Nigeria?

I plan to save money consistently for the next three to four years. At the end of that period, I intend to use the funds to learn advanced, highly sophisticated digital skills. What is the best way to keep or ...Read more

bank savingscapital preservationlow-risk investmentmoney market fund
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Ruffi
Ruffi
Asked: August 26, 2026In: INVESTING & WEALTH BUILDING

What Is the Difference Between Compounding and Discounting in Investments?

I have heard a lot about interest rates compounding and discounting but don’t really know what effect these terms have on investments.

compoundingdiscountinginterest rates
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Anonymous
Anonymous
Asked: August 28, 2026In: INVESTING & WEALTH BUILDING

How Can You Build Wealth for Yourself and Your Children in Nigeria?

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BILLY MELA GARBA
BILLY MELA GARBA
Asked: September 2, 2026In: INVESTING & WEALTH BUILDING

What Books Should Beginners Read to Start Their Financial Journey in Nigeria?

What books would you recommend for anyone starting on their financial journey.

#financial educationfinancial literacy nigeria
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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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