Good afternoon. I noticed something from my investment apps, some days ago money market mutual funds on Stanbic IBTC has moved to 16%, and their EQUITY FUNDS price has also increase. Same thing happened to ZEDCREST money market mutual funds, ...Read more
Fokona Latest Questions
After subscribing to the IPO, Will the money be deducted from your bank account or from your broker account?
I invested a certain amount in an MMF in Cowrywise. And today it has dropped drastically to loss of #5000. Honestly, the plan is for growth; then why the reduction? Please, is it advisable to remove it asap
Good morning sir. Thank you so much for your financial advise. Please, I’d like to understand how mutual funds work. After investing, how long does it typically take before I start earning returns on my investment? And how often are ...Read more
What does this really mean for me as a Nigerian investor? Is going to affect the price?
As a small business startup, running a book supplies and ICT services and trainings. What type of account should I open for my business. Can you also recommend one of the best friendly SMEs bank in Nigeria?
For someone who just got his first salary of 75,000, what should be the percentage of how to put this money in good use considering feeding, clothing, investment, emergency, transport to work, data subscription, family, medical bills, etc. Please I ...Read more
How can a child claim his late father investment in stocks and other investment portfolios?