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
Fokona Latest Questions
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
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
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
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
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 want to know where to expect my capital and quarterly interest. Is it in my bank account or my wallet?
Let’s say I bought 10k units 5 months ago, and I bought another 5k units last week. If I withdraw 2k units now, which units get withdrawn first? Will I be penalized given that only 5k of my units ...Read more
What Is a Money Market Mutual Fund and How Does It Work in Nigeria?
Is it advisable to invest in money market mutual funds using two different platforms?