What is the stock market and how does it work in Nigeria?
Fokona Latest Questions
As a salary earner, is it adviseable to borrow money and invest in stock, Bond, or Money Mutual?
You posted the fastest way to be poor is pursuing what you can’t do, please explain Now I’m a digital Markerter but I recently began to pursue knowledge in stocks. Please Sir I want to invest in stocks does that ...Read more
A lot of young people start their financial journey without making a plan. Hell, majority of people barely realize there’s a journey in the first place. Luckily, a few of us have been exposed to ideas that have made us ...Read more
Onyx_WiseFidafaContributor
Many people make financial decisions based on assumptions or habits, rather than clear information and structured system. From your experience: – How can tracking and using data improve financial decisions? – What simple data (like expenses, income, or patterns) should individuals ...Read more
A person under 18 has ₦300,000 saved but their parents refuse to let them start a business. If they plan to keep the money private for now, what safe investment options could they consider?
I opened an MMMF account 2 years ago not because I knew what I was doing but because a marketer told me to do so. Learning from Fokona website and following Iking Ferry on Facebook has helped enlighten ...Read more
On my quest for investment, I remembered one of my old friends. I asked him to link me up to his business. He told me that he is into Forex trading. I asked him how it is and he tried ...Read more
I’ve been thinking about this from both a financial and real-life perspective. Many people have stable jobs or consistent income, yet they still struggle financially. This seems to be a common situation, especially for individuals and families managing daily responsibilities. From your ...Read more
Why is financial literacy important?