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Maureen
Maureen
Asked: May 3, 20262026-05-03T13:30:33+00:00 2026-05-03T13:30:33+00:00In: INVESTING & WEALTH BUILDING

How Can Nigerians Invest in Money Market Funds Using the Invest Naija App?

How can i invest in money market fund using investNaija app. Please if I open the investNaija app, where or what other steps should I take to get it done?

invest naija appmoney market fund nigeria
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  1. Ochoyoda
    Ochoyoda Educator
    2026-05-04T12:51:44+00:00Added an answer on May 4, 2026 at 12:51 pm

    Alright—let’s go straight to the practical steps so you can actually do this inside the app. First, understand this: on InvestNaija, you don’t usually see something labeled “Money Market Fund” in isolation like a bank product. Instead, it appears under mutual funds / fixed income / low-risk funds (eRead more

    Alright—let’s go straight to the practical steps so you can actually do this inside the app.
    First, understand this: on InvestNaija, you don’t usually see something labeled “Money Market Fund” in isolation like a bank product. Instead, it appears under mutual funds / fixed income / low-risk funds (e.g. Chapel Hill Denham Money Market Fund).
    ✅ Step-by-Step: How to Invest in a Money Market Fund on InvestNaija
    1. Open the app and log in
    Launch InvestNaija
    Enter your login details
    2. Complete your account setup (very important)
    If you haven’t done this fully, you won’t be able to invest.
    Make sure you have:
    BVN / NIN verification
    Bank account linked
    Profile completed
    Possibly CSCS/CHN setup (for securities access)
    👉 Many people get stuck here—finish this first.
    3. Fund your wallet
    Go to Wallet / Fund Account
    Transfer money from your bank
    Your balance will reflect inside the app
    4. Navigate to investment section
    Inside the app, look for:
    “Invest” or “InvestIN”
    Sometimes shown as:
    “Explore Investments”
    “Funds” or “Products”
    👉 This is where all mutual funds (including money market funds) are listed.
    5. Select a Money Market Fund
    Look for names like:
    “Money Market Fund”
    “Fixed Income Fund”
    “Low-risk / short-term fund”
    These are professionally managed and SEC-regulated funds available on the platform.
    💡 Money market funds are ideal because:
    Low risk
    Stable returns
    Better than normal savings accounts
    6. Click “Invest” or “Subscribe”
    Once you open the fund:
    Tap Invest / Buy / Subscribe
    Enter amount (e.g. ₦5,000, ₦10,000, etc.)
    Review details
    7. Confirm your transaction
    Confirm the order
    Money is deducted from your wallet
    You now own units of the fund
    8. Track your investment
    Go to Portfolio / My Investments
    You’ll see:
    Your invested amount
    Daily growth
    Total value
    ⚠️ Important Tips (Don’t Skip This)
    Money market funds don’t give instant big profits—they grow daily gradually
    You can usually withdraw anytime (T+1 or T+2 days)
    Returns often beat bank savings rates over time �
    App Store
    🔍 If You Can’t Find the Money Market Fund
    This is common. Do this:
    Check under “Mutual Funds”
    Or look for Chapel Hill Denham funds
    Or update your app to the latest version
    Bottom Line
    Inside InvestNaija, the flow is:
    👉 Fund account → Go to InvestIN → Choose Money Market Fund → Enter amount → Confirm

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