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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.
Can someone guide me on where I can invest ₦100,000 that I don’t want to use in 1yr
MOST NIGERIANS HAVE BEEN CELEBRATING T+1… WITHOUT ACTUALLY UNDERSTANDING WHAT IT MEANS. And honestly? That is exactly why I founded Fokona. Because many people hear financial news… Share financial news… Celebrate financial news… But very few people actually understand what the ...Read more
Please, how can I withdraw from my bank account to fund my wallet in the Investnaija app?
Please kindly explain the 9 mutual fund under stanbic investment
When you invest in Equity mutual funds and required period of investment is 90 days. It is calculated from Monday to Friday or Sunday to Saturday.
I’ve been trying to understand the difference between Treasury Bills and Mutual Funds because both of them are always mentioned whenever people talk about low-risk investments in Nigeria. Some people say Treasury Bills are safer because they are backed by the ...Read more
I bought a bank shares through IPO ten years ago and I had been receiving dividends. But now I bought new share through bamboo app and I was given CSCS number and NCH number too
Please I need detailed explanation with its pros and cons.