A friend of mine applied for a student loan but it wasn’t forthcoming then and she had to source for the money elsewhere.
The money later came but it seems as if she has no need of it presently .so I told her about some of the things you have been teaching us on your Facebook page. I told her about investing and stuff like that but right now. She’s confused on what to do.
But she doesn’t want that money to just sit in the bank .
The money is about 300k and she doesn’t know what to do with it.
Can you please suggest what can be done that can also be more money?
Thank you sir
For a student with ₦300,000 in Nigeria, the best strategy is NOT putting everything in one place. Because as a student, she needs: Safety 🛡️ Liquidity (easy access) 💧 Growth 📈 So the smartest approach is Split Strategy. I'll show you the best practical allocation 👇 Best Way to Invest ₦300,000 (StudeRead more
For a student with ₦300,000 in Nigeria, the best strategy is NOT putting everything in one place.
See lessBecause as a student, she needs:
Safety 🛡️
Liquidity (easy access) 💧
Growth 📈
So the smartest approach is Split Strategy.
I’ll show you the best practical allocation 👇
Best Way to Invest ₦300,000 (Student Strategy)
Option 1 — Smart Balanced Plan (Recommended)
This is the most practical and low-risk plan:
₦120,000 → Money Market Fund (Safety + Interest)
₦120,000 → Equity Fund (Growth)
₦60,000 → Opportunistic Stocks (High Growth)
Why this is powerful:
If market falls → Money market protects capital
If market rises → Equity & stocks grow
Where to Put the Money (Good Nigerian Options)
1. Money Market Funds (Low Risk)
These are very safe and better than leaving money in bank.
Good options:
ARM Investment Managers Money Market Fund
Stanbic IBTC Asset Management Money Market Fund
Zedcrest Capital Money Market Fund
Expected Return:
10% – 18% yearly (varies)
2. Equity Funds (Medium Risk — Long Term Growth)
Good ones:
ARM Investment Managers Aggressive Growth Fund
Zedcrest Capital Equity Fund
Paramount Asset Management Equity Fund
Expected Return:
15% – 35% yearly (market dependent)
3. Direct Stocks (Higher Growth — Optional but Powerful)
Since you’re already learning stocks, these are good student-friendly Nigerian stocks:
Under ₦30:
Access Holdings Plc
United Bank for Africa Plc
Fidelity Bank Plc
Transcorp Plc
These give:
Capital gain
Dividends
What She Should Avoid
As a student, she should avoid:
❌ Crypto (Too volatile)
❌ Forex trading
❌ Ponzi / high returns schemes
❌ Locking all money long term
Conservative Option (If She Is Very Careful)
Put all ₦300,000 into:
50% Money Market Fund
50% Equity Fund
This is very safe + still growing.
Example Growth Projection (Balanced Plan)
₦300,000 invested:
After 1 year (conservative estimate):
Money Market: ₦120k → ₦135k
Equity Fund: ₦120k → ₦150k
Stocks: ₦60k → ₦80k
Estimated total: 👉 Around ₦365,000 – ₦390,000
My Honest Recommendation (Best for Student)
Start with:
₦150,000 → Money Market Fund
₦150,000 → Equity Fund
Simple. Safe. Growing.