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Bukola “Booksyd” Odewunmi
Bukola “Booksyd” Odewunmi
Asked: April 24, 20262026-04-24T08:07:32+00:00 2026-04-24T08:07:32+00:00In: INVESTING & WEALTH BUILDING

How can I use the InvestNaija app to invest in money market funds (MMF) in Nigeria as a beginner?

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 the app

investnaijammmf
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  1. Ochoyoda
    Ochoyoda Educator
    2026-04-24T09:46:59+00:00Added an answer about 4 months ago

    You’re not the only one—InvestNaija can be confusing at first because it mixes stocks + mutual funds in one place. Let’s go straight to what you need: how to invest in a Money Market Fund (MMF) inside the app. 🔧 First, understand this (why you’re confused) On InvestNaija: Stocks → under Trading / EqRead more

    You’re not the only one—InvestNaija can be confusing at first because it mixes stocks + mutual funds in one place.
    Let’s go straight to what you need: how to invest in a Money Market Fund (MMF) inside the app.
    🔧 First, understand this (why you’re confused)
    On InvestNaija:
    Stocks → under Trading / Equities
    Money Market Funds → under Wealth / Mutual Funds
    👉 If you stay in the stock section, you’ll NEVER see MMF.
    ✅ Step-by-step: How to invest in MMF on InvestNaija
    1. Open the app → go to “Wealth” or “Mutual Funds”
    Look for any of these tabs:
    Wealth
    Invest
    Mutual Funds
    👉 That’s where MMFs are located (not in stock trading)
    2. Select a Money Market Fund
    You’ll see options like:
    Money Market Fund
    Fixed Income Fund
    Examples may include funds managed by firms like:
    ARM Investment Managers
    Stanbic IBTC Asset Management
    Tap on one.
    3. Click “Subscribe” or “Invest”
    Enter amount (your ₦5,000 is fine)
    Confirm the transaction
    4. Payment
    Since you already funded your wallet:
    Choose Wallet Balance
    Confirm purchase
    ⏳ What happens next
    Units will be allocated within 24–72 hours
    You’ll start seeing daily growth (small but consistent)
    ⚠️ Common problems (likely what you’re facing)
    ❌ “I can’t see MMF at all”
    Cause:
    You’re inside stock trading section
    Fix: 👉 Switch to Wealth / Mutual Funds tab
    ❌ “Subscribe button not working”
    Possible reasons:
    KYC not fully completed
    Bank account not linked
    App glitch
    Fix:
    Update profile
    Log out and log in again
    ❌ “₦5k is not going through”
    Some funds have minimums like:
    ₦5,000 or ₦10,000
    👉 Try:
    Increasing slightly (₦6k–₦10k)
    🧠 Important clarification (very key)
    On InvestNaija:
    MMF ≠ Stocks
    MMF is safer, slower growth
    Stocks are volatile
    👉 So you’re doing the right thing starting with MMF
    💡 Honest advice (based on your situation)
    If InvestNaija keeps stressing you, you can use simpler apps:
    ARM One → very beginner-friendly
    Stanbic IBTC Mobile App → stable and clear
    let’s do this like a live walkthrough, assuming you already have ₦5,000 funded in InvestNaija.
    Follow this exact button flow:
    📱 STEP-BY-STEP (Tap-by-tap)
    ✅ Step 1: Open the app & log in
    Enter your PIN / fingerprint
    You’ll land on the Dashboard/Home
    ✅ Step 2: Locate the correct section (THIS is where most people miss it)
    Look at the bottom menu bar 👇
    You should see something like:
    Home
    Portfolio
    InvestIN ✅ ← TAP THIS
    More
    👉first →scroll down then find “Mutual Funds”
    ✅ Step 3: Enter Mutual Funds section
    After tapping Wealth / Invest:
    Look for:
    Mutual Funds
    OR Fixed Income
    OR Fund Products
    👉 Tap Mutual Funds
    ✅ Step 4: Choose a Money Market Fund
    You’ll now see a list like:
    Money Market Fund
    Fixed Income Fund
    👉 Tap on any Money Market Fund
    (If confused, just pick one—it’s fine to start)
    ✅ Step 5: Open the fund details page
    You’ll see:
    Interest rate / performance
    Fund details
    Look for a button:
    👉 “Subscribe” or “Invest” → TAP IT
    ✅ Step 6: Enter amount
    Type: 5000
    👉 Tap Continue
    ✅ Step 7: Select payment method
    Choose: Wallet Balance
    👉 Tap Proceed / Confirm
    ✅ Step 8: Confirm transaction
    Enter PIN if requested
    ⏳ After you invest
    Status may show: Pending
    Within 24–72 hours, you’ll see:
    Units allocated
    Value growing slowly
    🚨 If you get stuck, check this quickly
    ❌ No “Wealth / Mutual Fund” option?
    👉 Tap:
    More → Products → Mutual Funds
    ❌ No “Subscribe” button?
    👉 Likely issue:
    KYC incomplete
    Fix:
    Go to Profile → Complete Profile / Update KYC
    ❌ App behaving strangely?
    👉 Do this:
    Log out → log in again
    Or update app from Play Store
    🧠 One quick reality check
    Your ₦5,000 will grow, but slowly:
    Expect maybe ₦2 – ₦5 per day
    This is normal—MMF is for stability, not speed

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    • Bukola “Booksyd” Odewunmi
      Bukola “Booksyd” Odewunmi
      2026-04-27T06:26:32+00:00Replied to answer about 4 months ago

      Thank you

      Thank you

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