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
Fokona Latest Questions
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
Is it advisable to invest in money market mutual funds using two different platforms?
Can one use this calculator to calculate his money market mutual fund investment in other apps like Afrinvest and investnaija?
Is it safe using investment apps for big figure money market mutual fund, or betterstill to go to a bank and subscribe there.
Please throw more light on money market mutual funds and how compounding works on it.
Please for those using Investnaija platform, is their mutual market fund interest paid daily or quarterly? I asked because I opened their Details section and saw “Quarterly interest payment” under their fund features I need clarity please
I have been hearing you talking about compounding, but I am still confused about the instruments or platforms that can be used for it. Currently I have a money market mutual fund investment but I don’t know if I can ...Read more