Please throw more light on money market mutual funds and how compounding works on it.
Fokona Latest Questions
What’s the difference between MMMF and GOVERNMENT BONDS?
According to 1 of your post I saw on Facebook I downloaded the investnija app and put 5k in it got my cscs number and all that but I find it hard to invest it in mmf. I can’t navigate ...Read more
Hello, I want to say thank you for your teachings has helped me and I now see my money grow and yielding profits. I saw mutual funds on Palm pay app. Please sir, can you kindly confirm if it’s same ...Read more
What Is a Money Market Mutual Fund and How Does It Work in Nigeria?
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
aside from stanbic which other investments platform that is recommended for money market mutual fund just like stanbic that has an app and your investments can be monitored?
After reading the post on Money Market Fund and Top 10 best Money Market Fund in Nigeria (2026), I decide to read about their MDs and Financial Statement starting with STL Asset Management Limited. Google search revealed that STL ...Read more
As a beginner I would like to know the best place to invest between equity and Money Market Mutual Fund
Between stock market investment and money market mutual funds which one is more preferable for a bigginer? Do I need millions before I can invest in the stock market