I’ve been reading a lot of write-ups about money investment and different platforms for investment. Being medically inclined, I seem to be a stark novice on business and financial education. Now I want to start investing money monthly (#15000 and ...Read more
Fokona Latest Questions
I want to invest on Money Market Fund. I used Afrinvestor 2.0 and Trove. But each time I open my Afrinvestor 2.0 I don’t see where to invest. Even FGN Bond, commercial paper etc keep getting “Not Available”. Is it ...Read more
How do I get gtfund managers to credit my mmmf account. I made a deposit for a certain amount on 20/7/26 to my mmmf account with gtco but was no credited up till now. I have emailed them severally, ...Read more
If I invest ₦2,000 every month in money market fund at the rate of 14% for 30 years, how much will it amount to?
I invested 50k in my mmf account.they are showing me a total gain of 64250, percentage gain of o.13%,what does it mean..is that my gain for how long.im a new investor
Redemption of money market fund takes up to how many hours
I invested #1,000,000 in a money market fund. i did not withdraw any interest. Over time, my Balance grew to about #1,150,000 and later #1,175,000. However I observed that my periodic returns do not increase in proportion to my growing ...Read more
How prudent is it to invest in Nigerian Treasury Bills or Treasury Funds as a medium- to long-term investment? I’d appreciate insights on the risks, returns, and how they compare with other relatively safe investment options in Nigeria.
I want to invest about 5K for a start in the Money Market Fund to see how it goes as beginner level as am just a corper. I remembered that Money Market Fund is Haram since it have interest so ...Read more
Please advise me. I’m considering two investment options but I’m a bit confused on which one is better. I want to start saving 20k monthly for about 10-15yrs for my child’s education. My confusion is that I don’t know which option ...Read more