Sign Up

Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.

Have an account? Sign In
Continue with Google
or use


Have an account? Sign In Now

Sign In

Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.

Sign Up Here
Continue with Google
or use


Forgot Password?

Don't have account, Sign Up Here

Forgot Password

Lost your password? Please enter your email address. You will receive a link and will create a new password via email.


Have an account? Sign In Now

Sorry, you do not have permission to ask a question, You must login to ask a question.

Continue with Google
or use


Forgot Password?

Need An Account, Sign Up Here

Sorry, you do not have permission to add post.

Continue with Google
or use


Forgot Password?

Need An Account, Sign Up Here

Please briefly explain why you feel this question should be reported.

Please briefly explain why you feel this answer should be reported.

Please briefly explain why you feel this user should be reported.

Fokona Logo Fokona Logo
Sign InSign Up

Fokona

Fokona Navigation

  • Home
  • Blog
  • About Us
  • Contact Us
Search
Ask A Question

Mobile menu

Close
Ask A Question
  • Home
  • Questions
    • New Questions
    • Trending Questions
    • Must read Questions
    • Hot Questions
    • Polls
  • Courses
  • Members
  • Topics
  • Calculators
    • Investment Calculator
    • PAYE Tax Calculator
  • MORE
    • Badges
    • Join Groups
    • Create new Group
    • Monetization (Coming Soon)
    • Shop(Coming Soon)
  • Help
  • News
  • Recent Questions
  • Most Answered
  • Answers
  • No Answers
  • Most Visited
  • Most Voted
  • Random
  • New Questions
  • Sticky Questions
  • Polls
  • Followed Questions
  1. Asked: March 31, 2026In: TAXATION & COMPLIANCE

    What is the tax filing deadline for individuals and businesses in Enugu State, Nigeria?

    Ochoyoda
    Ochoyoda Educator
    Added an answer on March 31, 2026 at 10:46 am

    For Enugu State personal and business income tax filing deadlines (including your case as an employee with PAYE and side‑hustle income): 📅 Annual Tax Filing Deadline The official deadline in Enugu State is 31 March each year for the previous year’s income tax returns (e.g., 2025 returns must be fileRead more

    For Enugu State personal and business income tax filing deadlines (including your case as an employee with PAYE and side‑hustle income):

    📅 Annual Tax Filing Deadline

    The official deadline in Enugu State is 31 March each year for the previous year’s income tax returns (e.g., 2025 returns must be filed by 31 March 2026).

    🧾 What This Means

    You must prepare and submit your Annual Return for personal income (including all sources of income) by 31 March.

    This applies whether you are a salaried worker (with PAYE already deducted) and/or earning additional income from a side business.

    ⚠️ Important

    Filing after 31 March can lead to penalties or enforcement actions under state tax law.

    This deadline aligns with national practice in most Nigerian states that require individual tax returns within 90 days after year‑end (31 Dec).

    If you want, I can outline the step‑by‑step process for filing your combined personal (PAYE + side hustle) tax return in Enugu, including documents you’ll need and how to compute the total taxable income.

    See less
      • 0
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
      • Report
  2. Asked: March 30, 2026In: TAXATION & COMPLIANCE

    What are the differences between FIRS and state IRS tax filing processes in Nigeria for annual returns?

    okafor chukwuemeka justin
    okafor chukwuemeka justin
    Added an answer on March 30, 2026 at 9:58 pm

    How can I file my personal income tax in Anambra Nigeria?

    How can I file my personal income tax in Anambra Nigeria?

    See less
      • 0
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
      • Report
  3. Asked: March 30, 2026In: FINANCIAL LITERACY

    Can Fokona Be Listed on the Nigerian Stock Exchange (NGX) in the Future?

    Ochoyoda
    Ochoyoda Educator
    Added an answer on March 30, 2026 at 3:51 pm

    Yes — Fokona can be listed on the Nigerian Exchange (NGX) in the future, but there is currently NO official announcement that it will be listed. Here’s the clear breakdown: First — What Fokona is today From available information, Fokona is currently a financial knowledge platform where people ask anRead more

    Yes — Fokona can be listed on the Nigerian Exchange (NGX) in the future, but there is currently NO official announcement that it will be listed.

    Here’s the clear breakdown:

    First — What Fokona is today

    From available information, Fokona is currently a financial knowledge platform where people ask and answer questions about investing, business, taxes, and money matters across Africa.

    It is also described as:

    A profit-making company

    Registered as a Limited Liability Company in Nigeria

    Being built with long-term growth ambitions

    So right now, Fokona is still a private company — not listed.

    Can Fokona be listed on NGX in the future?

    Yes — any private company can eventually list if it meets conditions like:

    Requirements to list on NGX

    For Fokona to be listed, it must:

    Grow large enough (revenue, profits, users)

    Become financially stable

    Meet corporate governance requirements

    Hire auditors & investment banks

    Apply for IPO (Initial Public Offering)

    If Fokona becomes a multi-billion company as you mentioned, listing becomes very likely.

    Examples of companies that did this:

    MTN Nigeria

    Airtel Africa

    Seplat

    Dangote Cement

    They all started private → later listed.

    Important thing (Very interesting 👇)

    There is also a statement that:

    Fokona is NOT collecting money from the public for now

    The public will only invest when the company decides officially

    That suggests:

    They may be planning future investment rounds

    But not yet open to investors

    My honest professional view

    If Fokona:

    Gains many users

    Builds revenue

    Expands across Africa

    Then listing on NGX becomes very realistic.

    But if it remains small or early-stage:

    Listing may take 5–10 years

    Or may never happen

    See less
      • 1
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
      • Report
  4. Asked: March 29, 2026In: FINANCIAL LITERACY

    Can Financial Knowledge From Fokona Help Students in Nigeria Even Without Investment Capital?

    Ochoyoda
    Ochoyoda Educator
    Added an answer on March 29, 2026 at 3:37 pm

    You're thinking in the right direction — and honestly, this is a very powerful mindset for someone who is still a student. 📈 You're not "blindly following" — you're investing in knowledge first, which is actually what most successful investors do before money comes. Here’s a cleaner and more engaginRead more

    You’re thinking in the right direction — and honestly, this is a very powerful mindset for someone who is still a student. 📈

    You’re not “blindly following” — you’re investing in knowledge first, which is actually what most successful investors do before money comes.

    Here’s a cleaner and more engaging version of your message you can post on Fokona:

    Writing

    Some of us are currently following Fokona not because we already have money to invest, but because we want to gain knowledge first.

    As students, we are learning, observing, and preparing ourselves for opportunities ahead. Even without capital, we believe that understanding finance today will position us better tomorrow.

    We are engaging with Iking Ferry’s financial content with the hope that, step by step, Fokona will continue to add value to our lives.

    Because sometimes, knowledge comes first… then opportunities follow.

    This kind of post does a few important things:

    Shows maturity 🧠

    Attracts like-minded students 🎓

    Encourages meaningful discussion 💬

    Builds your presence on Fokona 🚀

    Also, since you’re a student who is careful with spending and saving (like you mentioned earlier), you’re actually the exact kind of person Fokona content benefits most.

    Because:

    First comes knowledge

    Then comes discipline

    Then comes money

    Then comes investing

    See less
      • 1
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
      • Report
  5. Asked: March 27, 2026In: BUSINESS & WEALTH CREATION

    What Does the “Is This Question a Poll?” Feature Mean on Fokona and How Does It Work?

    Ochoyoda
    Ochoyoda Educator
    Added an answer on March 27, 2026 at 9:12 am

    On Fokona, that line “Is this question a poll? If you want to be doing a poll click here” is asking whether you want to turn your post into a poll — it’s not confusing text, it’s a user‑option indicator. Here’s what it means in plain terms: ✅ What “poll” means A poll is an interactive question whereRead more

    On Fokona, that line “Is this question a poll? If you want to be doing a poll click here” is asking whether you want to turn your post into a poll — it’s not confusing text, it’s a user‑option indicator.

    Here’s what it means in plain terms:

    ✅ What “poll” means

    A poll is an interactive question where people vote on choices you give them. So instead of just posting a normal text question, you can let other users select from multiple options you create. Polls are common in social media apps to collect opinions fast.

    Imagine you want to ask:

    “Which feature do you like more? A or B?”

    With a poll, users can tap A or B to vote, and results may show how many voted for each. You’re basically creating a mini‑survey to get quick feedback from others.

    ✅ What That Prompt on Fokona Means

    When you see:

    “Is this question a poll? If you want to be doing a poll click here.”

    — That’s giving you the option to:

    ✔️ Turn your question into a poll — meaning:

    You will add answer choices

    People can vote instead of just writing a reply

    The app will treat it as a poll post rather than a standard text question

    If you don’t click it, your post will just be a normal question that people can answer in text form.

    So essentially:

    Normal question: People type replies.

    Poll question: People tap one of your options to vote — just like a quick survey.

    Why Fokona Shows That Message

    It’s the app’s way of saying:

    “Do you want this to be a poll instead of a normal question?”

    If you click it:

    The poll creator UI will show fields to add options (A, B, C, etc.)

    Users will see your question as “Which option do you choose?” rather than “What do you think?”

    Simple Example

    💬 You write:

    “What should we do this weekend?”

    If you check Poll, you get options like:

    Go to the beach

    Watch movie

    Hang out at cafe

    See less
      • 0
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
      • Report
  6. Asked: March 26, 2026In: CAREER & INCOME GROWTH

    What Information Should Be Included in Profile Credentials and a Professional Bio on a Platform Like Fokona?

    Rose
    Rose Contributor Profile Credentials
    Added an answer on March 27, 2026 at 5:47 am

    Your profile is not just information. ✓ It is your first impression Before anyone meets you… They meet your profile. Let’s Break It Down Properly 1. Profile Credentials (Facts About You) Think of this as: ✓ your verified background No stories. Just facts. What You Can Include • Your profession • CerRead more

    Your profile is not just information.

    ✓ It is your first impression

    Before anyone meets you…

    They meet your profile.

    Let’s Break It Down Properly

    1. Profile Credentials (Facts About You)

    Think of this as:

    ✓ your verified background

    No stories.

    Just facts.

    What You Can Include

    • Your profession

    • Certifications

    • Education

    • Key skills

    • Relevant experience

    Important Rule

    ✓ Keep credentials short, factual, and clean

    2. Professional Bio (Your Story + Direction)

    This is different.

    This is where you explain:

    ✓ who you are
    ✓ what you do
    ✓ where you’re going

    What to Include

    1. Who You Are

    Start simple:

    • your profession
    • your current focus

    2. What You Do

    Explain:

    • your work
    • your skills
    • your value

    3. What You’re Building

    This is powerful.

    Show direction:

    • career goals
    • interests
    • future path

    Let Me Be Honest With You

    Most people make one mistake.

    They either:

    • write too little
    OR
    • try to sound too big

    The Right Balance

    ✓ clear
    ✓ simple
    ✓ focused
    ✓ real

    Final Truth

    Your credentials show:

    ✓ what you have done

    Your bio shows:

    ✓ where you are going

    Let Me Leave You With This

    When someone reads your profile, they should understand:

    • who you are
    • what you do
    • what value you bring

    In less than 30 seconds.

    If they can…

    ✓ your profile is working.

     

    Rose Ejituru

    See less
      • 1
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
      • Report
  7. Asked: March 22, 2026In: CAREER & INCOME GROWTH

    How Long Does It Take for a Profile Picture to Appear on Fokona After Uploading?

    Ochoyoda
    Ochoyoda Educator
    Added an answer on March 26, 2026 at 2:46 pm

    ASAP! like immediately your picture is uploaded

    ASAP! like immediately your picture is uploaded

    See less
      • 0
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
      • Report
  8. Asked: March 25, 2026In: INVESTING & WEALTH BUILDING

    Do I Still Need an E-Dividend Mandate Form After Signing Up with InvestNaija, or Can Dividends Be Credited Directly to My Bank Account?

    Ochoyoda
    Ochoyoda Educator
    Added an answer on March 25, 2026 at 6:52 pm

    Your concern is very valid — and honestly, you're thinking like a careful investor, which is exactly what beginners should do. 👏 Let me break this down clearly. Short Answer Do NOT rely on that response alone. You should still confirm your e-dividend mandate status yourself. Because: Some brokers asRead more

    Your concern is very valid — and honestly, you’re thinking like a careful investor, which is exactly what beginners should do. 👏

    Let me break this down clearly.

    Short Answer

    Do NOT rely on that response alone.

    You should still confirm your e-dividend mandate status yourself.

    Because:

    Some brokers assume your details are already registered

    But many investors still miss dividends because e-dividend was not properly set up

    So you’re right to double-check.

    Here’s What’s Happening

    You received an email from:

    Coronation Registrars Plc

    This usually means:

    Your details were forwarded to the registrar

    OR you hold shares they manage

    But this does NOT automatically confirm that:

    Your e-dividend mandate is active

    Your bank account is linked for dividend payment

    These are two different things.

    Why Your Doubt is Reasonable

    You already noticed:

    InvestNaija previously told you you can’t use existing CHN

    But that turned out not true

    That shows:

    Some customer support agents may not always give accurate answers

    So verifying independently is smart

    You’re doing the right thing 👍

    What You Should Do Now (Best Practice)

    Step 1: Confirm From Registrar Directly

    Reply to the email from

    Coronation Registrars Plc

    Ask them:

    Is my e-dividend mandate active?

    Is my bank account registered for dividend payment?

    Do I need to fill e-dividend mandate form?

    This is the most reliable confirmation.

    Step 2: You Can Also Check via SEC Portal

    You can verify your e-dividend status via:

    Securities and Exchange Commission Nigeria e-Dividend Portal

    This allows you to:

    Register e-dividend

    Confirm existing registration

    Link bank account

    My Professional Advice (Very Important)

    Even if your broker says you don’t need it, I still recommend:

    Always fill e-dividend mandate once

    Why?

    It’s one-time

    Prevents future issues

    Ensures direct bank payment

    See less
      • 1
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
      • Report
  9. Asked: March 24, 2026In: FINANCIAL TECHNOLOGY (FINTECH)

    How to Refer People on Fokona and Earn Rewards Through Referrals?

    Fokona
    Best Answer
    Fokona Official Account The official organizational account for Fokona, the company.
    Added an answer on March 25, 2026 at 5:45 pm

    Great question, and this is one of the easiest ways to grow your points on Fokona, even as a beginner. Let me explain it in a very simple way using a story Imagine you tell your friend: “Come and join this platform where you can learn about money, business, and investing.” Now your friend signs up bRead more

    Great question, and this is one of the easiest ways to grow your points on Fokona, even as a beginner.

    Let me explain it in a very simple way using a story

    Imagine you tell your friend:

    “Come and join this platform where you can learn about money, business, and investing.”

    Now your friend signs up because of you.

    That means you introduced value to someone, and Fokona rewards you for that.

    Here’s How to Refer People on Fokona

    Follow these simple steps:

    1. Log into your Fokona account

    2. Go to your Profile and Click on Referrals Page

    3. Copy your referral link

    4. Send it to your friends (WhatsApp, Facebook, etc.)

    Another Method (Even Easier)

    You can also:

    Enter the person’s email address

    The platform will automatically send them an invite message

    Once they sign up using your link, your referral is recorded.

    Here’s What You Earn from Referrals

    1. When Someone Signs Up

    You get 5 points

    This means you successfully brought a new user to the platform.

    2. When They Upgrade (Paid Membership)

    You get 20 points

    This is a higher reward because you brought a serious user.

    Here’s Why Fokona Referral is Powerful

    Referral is not just about points.

    It helps you:

    Grow faster on the platform

    Increase your visibility

    Build your network

    Move from Beginner to Higher level on Fokona faster

    Here’s my Advice:

    Don’t just send your link randomly.

    Tell people why they should join

    For example:

    “You can learn about money here”

    “You can ask questions and get real answers”

    “You can also earn points like me”

    On Fokona, growth is simple:

    The more value you bring, even by inviting others, the more you earn.

    So start small:

    Share your link

    Invite your friends

    Grow Together.

    Fokona is built for learning, sharing, and growing, and referrals are one of the fastest ways to grow your journey.

    See less
      • 3
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
      • Report
  10. Asked: March 24, 2026In: CAREER & INCOME GROWTH

    Is Fokona Registered or Recognized by Nigerian Financial Regulators Like SEC or FIRS?

    Fokona
    Best Answer
    Fokona Official Account The official organizational account for Fokona, the company.
    Added an answer on March 25, 2026 at 4:55 pm

    Fokona is not a financial institution or regulatory body, and it is not required to be registered with SEC or FIRS as an advisory firm. Fokona operates as a financial knowledge-sharing platform designed to help users learn, ask questions, and gain insights from a community of contributors. To ensureRead more

    Fokona is not a financial institution or regulatory body, and it is not required to be registered with SEC or FIRS as an advisory firm.

    Fokona operates as a financial knowledge-sharing platform designed to help users learn, ask questions, and gain insights from a community of contributors.

    To ensure transparency, user levels (such as Beginner, Professional, or Expert) are clearly displayed, and we are building a verified expert system for certified professionals.

    All content on Fokona is for educational purposes only and should not be considered financial advice. Users are encouraged to conduct personal research or consult licensed professionals before making financial decisions.

    See less
      • 4
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
      • Report
Load More Answers

Sidebar

Ask A Question

Stats

  • Users 4k
  • Questions 1k
  • Answers 2k
  • Best Answers 150
  • Popular
  • Answers
  • Okoye victor

    Stock Market Investing vs. Starting a Business: Which is better ...

    • 75 Answers
  • Uche

    What is a money market mutual fund? and how does ...

    • 38 Answers
  • NUM

    What Is the Difference Between Bonds and Treasury Bills in ...

    • 24 Answers
  • Mama Ngozi AI
    Mama Ngozi AI added an answer Oh, dear, I understand how frustrating it can be when… July 29, 2026 at 2:50 pm
  • Mama Ngozi AI
    Mama Ngozi AI added an answer Oh, I understand the frustration you must be feeling with… July 29, 2026 at 10:23 am
  • Ojei Emeke
    Ojei Emeke added an answer Please kindly compare. It will go a long way in… July 29, 2026 at 9:26 am

Fokona Verified Experts

Mama Ngozi AI

Mama Ngozi AI

  • 0 Questions
  • 50k Points
Official Fokona AI
Chinedu Okafor, CFA

Chinedu Okafor, CFA

  • 0 Questions
  • 11k Points
Expert
Iking Ferry

Iking Ferry

  • 10 Questions
  • 10k Points
Fokona CEO
Fokona Community

Fokona Community

  • 23 Questions
  • 321 Points
Community Desk
Fokona

Fokona

  • 1 Question
  • 188 Points
Official Account

Explore Top Finance Topics on Fokona

beginner investing Business cscs Financial Literacy fokona Investing investment investnaija mmmf money market funds money market mutual fund Mutual Funds mutual funds nigeria ngx ngx investing nigerian stock market stock Stock Market tax Wealth Building

Explore

  • Home
  • Questions
    • New Questions
    • Trending Questions
    • Must read Questions
    • Hot Questions
    • Polls
  • Courses
  • Members
  • Topics
  • Calculators
    • Investment Calculator
    • PAYE Tax Calculator
  • MORE
    • Badges
    • Join Groups
    • Create new Group
    • Monetization (Coming Soon)
    • Shop(Coming Soon)
  • Help
  • News

Footer

Fokona

Fokona is Africa's financial intelligence platform, Ask questions, learn, and grow your wealth with the right knowledge.

Disclaimer: Content on Fokona is for educational purposes only and not financial advice. Always do your own research or consult a licensed professional before making decisions.

Products

  • Courses
  • Investment Calculator
  • PAYE Tax Calculator

Resourses

  • Blog
  • FAQS
  • About Us
  • Contact Us
  • Careers
  • Questions
  • Communities

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
  • Guidelines
  • Financial Disclaimer
  • Content Disclaimer
  • Refund Policy

Follow Us:

© 2026 Fokona Limited. All Rights Reserved
Designed by Iking Ferry