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STOCK & CAPITAL MARKET

This section helps you understand financial literacy in Nigeria in a simple and practical way. Learn how money works, how to save, budget, and build wealth step by step. You can ask questions and get clear answers that help you make better financial decisions in your everyday life.

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Fokona Latest Questions

Mosco
Mosco
Asked: April 15, 2026In: STOCK & CAPITAL MARKET

What is Initial Public Offering(IPO)?

Someone should pls explain what IPO means?? What is the connection between IPO and shares?

initial public offeringipo
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Philip wealth
Philip wealth
Asked: April 25, 2026In: STOCK & CAPITAL MARKET

How Do I Know If I Qualify for Dividend Payment on Shares in Nigeria?

So How do you know that you are qualified for dividends? Do you receive a text from the company notifying you? or you just wait for the payment date ?

dividend payment nigeriangx dividendsnigerian stock marketshare registrarshareholder eligibility
1
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Fokona Community
Fokona CommunityCommunity Desk
Asked: May 21, 2026In: STOCK & CAPITAL MARKET

How much should I invest monthly?

I want to start investing consistently, but one thing I’m confused about is how much money someone should actually invest every month. Some people say you should invest 10% of your income, while others say you should only invest what you ...Read more

financial advice
3
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Onyebuchi Uneke
Onyebuchi Uneke
Asked: July 1, 2026In: STOCK & CAPITAL MARKET

How Do Companies Create and Issue Shares in Nigeria?

I know that owning shares of a company means owning a fraction of that company, but I want to know how companies manufacture those shares they sell, and the highest number of shares that a company is allowed to sell.

investing basicsngxsharesstocks nigeria
1
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Enyereibe Paul chukwudi
Enyereibe Paul chukwudi
Asked: August 19, 2026In: STOCK & CAPITAL MARKET

How Can I Monitor My Fidelity Bank Shares and Sell Them Whenever I Want ?

I bought fidelity stocks few years ago and received dividends once. Now I don’t even monitor anything about the stock. Pls what steps can I take to be able to monitor the stock, sell whenever I want. I have ...Read more

chncscsfidelity bank sharesnigerian stocksstockbroker
1
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Anonymous
Anonymous
Asked: September 8, 2026In: STOCK & CAPITAL MARKET

Can Non-Muslim Investors Buy Dangote Refinery IPO Shares on the NGX?

Mr Mohammed mustapha Bintube, the chairman of Jaiz Bank said, the Dangote refinery IPO shares will be sold according to the shari’a principles. Kindly explain the implications of his statement on non Muslim investors.

dangote refinery compliance
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Anonymous
Anonymous
Asked: September 22, 2026In: STOCK & CAPITAL MARKET

Should beginners buy Nigerian stocks through a stockbroker or investment app?

Good morning. I need your advice on purchasing company shares. I am a beginner & I intend to invest in dangote refinery and other shares. Please, Is it advisable to buy through stockbroker or app? Thanks.

dangote ipongx shares
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Emmanuel Kure
Emmanuel Kure
Asked: October 12, 2026In: STOCK & CAPITAL MARKET

How Is the Daily Return on a Nigerian Money Market Mutual Fund Calculated?

How is the return in Money market funds calculated (Mutual Funds)?

annual yieldcompound returns
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Anonymous
Anonymous
Asked: April 18, 2026In: STOCK & CAPITAL MARKET

Can a retiree invest in money market funds in Nigeria with a small pension?

I am a retiree with little pension on monthly basis and after going through your down-to-earth teaching on the Facebook I decided to follow you. My question now is, is it possible for a retired public servant with my meagre ...Read more

money market funds
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Philip wealth
Philip wealth
Asked: May 1, 2026In: STOCK & CAPITAL MARKET

How do I fill the e-Dividend form in Nigeria and where do I find my Tax Identification Number (TIN)?

During filling the e.devision form, I came across this, 1.tax identification number. 2.Rc number. How do i provide those requirements in the form provided?

e-dividend registrationinvestment compliancetax identification number
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