Since the very first day I put money in bond fund, it has been in red and I have equally seen like three post by investors expressing frustration but I was not panicking but expecting. So last week it week ...Read more
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Fokona Latest Questions
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I work as a salary earner and my pay is 90k monthly and I always find it difficult to save or even invest.pls need some advice before it’s too late
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One of our community members on Fokona asked this question to our Founder Iking Ferry: “The tax deadline is tomorrow and I don’t understand anything about tax filing… how do I file my personal income tax in Lagos?”
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If I want to invest more than fifty million naira in a Federal Government Bond Offering, how do I go about it?
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What is(are) the key difference(s) between Bonds and Treasury Bills?
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Okoye victorBeginner
So this morning I was going through a post on Facebook which was made by someone I respected on that space. He said it may seem intellectually intelligent to invest in stock shares but it’s basically ignoring you yourself and ...Read more
What Is Investing? A Simple Guide for Young Africans Who Want to Build Wealth Let’s be honest. Most people hear the word investing and immediately imagine men in suits yelling at screens in New York, or complicated charts that look like ...Read more
Would dangote refinery be on bamboo app if finally listed??
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
I’ve been hearing many people talk about Money Market Funds lately, especially as an alternative to keeping money inside a normal savings account. Some people even say their money earns interest daily through Money Market Funds, while others claim it is ...Read more
With the way prices of things keep increasing in Nigeria almost every year, I’ve been wondering what type of investment can truly beat inflation long term. Sometimes you save money for months or years, but when you finally want to use ...Read more
I’ve been trying to understand the difference between Treasury Bills and Mutual Funds because both of them are always mentioned whenever people talk about low-risk investments in Nigeria. Some people say Treasury Bills are safer because they are backed by the ...Read more
I want to start investing consistently, but one thing I’m confused about is how much money someone should actually invest every month. Some people say you should invest 10% of your income, while others say you should only invest what you ...Read more
I have been hearing people talk about “compound interest” whenever investment or saving discussions come up, but honestly I still don’t fully understand how it works. Some people even call it “the secret of wealth creation” and say it is one ...Read more
Good day, trust you all are having a wonderful day? I would like to thank you all for all the knowledge that you guys share here, of a truth, I am proud to be a member of this platform, because, I’m ...Read more
Pls how do I open a cscs account for a minor?