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Geraldine
Geraldine
Asked: September 4, 2026In: INVESTING & WEALTH BUILDING

Can a Money Market Fund Lose Money in Nigeria?

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

mmf investmentmoney market fundmutual market
1
  • 0
  • 1 1 Answer
Iyobosa Osunde
Iyobosa Osunde
Asked: August 27, 2026In: INVESTING & WEALTH BUILDING

How Can I Choose a Good Money Market Mutual Fund to Invest in Nigeria?

I want to do my first ever investment. I need expert advise how to go about it so I can be encouraged to keep investing. Thanks

beginner investinginvestment in nigeriamoney market fundmoney market mutual fund
1
  • 0
  • 1 1 Answer
Anonymous
Anonymous
Asked: August 11, 2026In: INVESTING & WEALTH BUILDING

How can I resolve an uncredited Money Market Fund (MMF) deposit with GTFund Managers in Nigeria?

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

gtcogtfund managersmoney market fundMutual Funds
0
  • 1
  • 0 0 Answers
Chizuruoke
Chizuruoke
Asked: August 3, 2026In: INVESTING & WEALTH BUILDING

Should I save money in a bank account or invest in a money market fund for 3–4 years in Nigeria?

I plan to save money consistently for the next three to four years. At the end of that period, I intend to use the funds to learn advanced, highly sophisticated digital skills. What is the best way to keep or ...Read more

bank savingscapital preservationlow-risk investmentmoney market fund
2
  • 0
  • 2 2 Answers
Salami Ridwon
Salami Ridwon
Asked: July 4, 2026In: INVESTING & WEALTH BUILDING

Why Did My Money Market Mutual Fund Investment Drop From ₦100,000 to ₦82,000 in Nigeria?

Iking Ferry One thing confuse me sir.. As I learn that money mutual funds actually preserve capital and the interest only vary based on market reaction and inflation. Now, investments of 100k on mutual funds got reduced on IBTC Money ...Read more

investment riskmoney market fundmutual funds nigeriastanbic ibtc
2
  • -1
  • 2 2 Answers
Ebenezer George
Ebenezer George
Asked: July 16, 2026In: PERSONAL FINANCE

How can a student earning ₦30,000–₦40,000 monthly save and invest in Nigeria?

I’m a student who makes 30-40k monthly, how do i invest and save 40k

Budgetingmoney market fundstudent finance
2
  • 0
  • 2 2 Answers
Abasi-ifreke Obot
Abasi-ifreke Obot
Asked: June 22, 2026In: INVESTING & WEALTH BUILDING

Can I Top Up My Money Market Mutual Fund Investment Monthly in Nigeria?

I had invested 5,000 naira in a money market mutual fund early this month. Can I engage in a monthly top up of 5,000 on the existing investment while it’s still on its 90 days holding period.

beginner investingInvestingmoney market fund
2
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  • 2 2 Answers
Onyebuchi Uneke
Onyebuchi Uneke
Asked: June 20, 2026In: INVESTING & WEALTH BUILDING

Is Money Market Fund Better Than Naira Savings on Bamboo for Long-Term Investment?

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

bamboo savingslong term investingmoney market fundMutual Funds
1
  • 0
  • 1 1 Answer
NobleSanderson
NobleSanderson
Asked: June 13, 2026In: INVESTING & WEALTH BUILDING

Are Nigerian Treasury Bills and Treasury Funds Good Medium to Long-Term Investments?

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.

fixed income investmentmoney market fundtreasury bills nigeriatreasury funds
1
  • 0
  • 1 1 Answer
Anonymous
Anonymous
Asked: May 31, 2026In: INVESTING & WEALTH BUILDING

What Is the Minimum Holding Period Before Redeeming a Money Market Fund Investment?

Please what is the minimum number of days I can invest in money market mutual fund before redeeming my investment will the interest

investing in mutual fundinvestment returnsinvestment withdrawalmoney market fund
3
  • 0
  • 3 3 Answers
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