Hello, my dad has #2,000,000 of his gratuity in bank fixed deposit. I would like to pull it out and invest in something that would pay him monthly. What is the best solution? The idea is for him to be ...Read more
Fokona Latest Questions
What is the stock market and how does it work in Nigeria?
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
Can somebody explain investment like i have not add it before(from the basic to complex form)
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
The vetiva griffin 30 ETF share price has kept declining over the past one month that I bought it. Infact, on paper I’ve lost over 50k of the amount invested. I’m contemplating buying more as the price keeps dropping. Is ...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
Kindly explain Compound Interest in a way that even Mama Ngozi that sells Tomatoes in a village market will understand
During the holidays, which topics about financial literacy can I start to teach my 14 year old son which he can understand?