Question: Where To Invest Money In Nigeria?

What are the best investment options in Nigeria?

List of the Best Investment Opportunities in Nigeria

  • Bank Investments.
  • Cryptocurrency and blockchain investments.
  • Real Estate Investments.
  • Agriculture and Livestock Investment.
  • Bonds and Stocks Investments.

What can I invest with 50000 Naira?

20 Businesses You Can Start With 50,000 Naira in Nigeria

  • Baking Business. Baking is a thriving business in Nigeria.
  • Fast food Business. The importance of food can never be overemphasized.
  • Plantain Chips Business.
  • Selling Drinks and Water.
  • Small Scale Farming.
  • Smoked Fish Business.
  • Soap Production.
  • Home and Beauty Products.

Where can I invest a small amount of money in Nigeria?

Another way to invest in Nigeria with a small amount money is via mutual funds. Mutual Funds

  • Stanbic IBTC Equity Fund.
  • ARM Aggressive Fund.
  • United Capital Balanced Fund.
  • FBN Money Market Fund.
  • United Capital Money Market Fund.
  • Stanbic IBTC Money Market Fund.
  • ARM Money Market Fund.
  • Cordros Money Market Fund.

Which investments have the best returns?

For those looking to get higher returns on their savings, here’s a list of the best investment options for you to make your wealth grow.

  • Saving Account.
  • Liquid Funds.
  • Short-Term & Ultra Short-Term Funds.
  • Equity Linked Saving Schemes (ELSS)
  • Fixed Deposit.
  • Fixed Maturity Plans.
  • Treasury Bills.
  • Gold.
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What is the best investment in Nigeria 2020?

Here are the most lucrative investment opportunities in Nigeria:

  1. Agriculture. Nigeria’s population is estimated to be over 200 million.
  2. Real Estate. Real Estate in one of the most profitable investment opportunities in Nigeria.
  3. Oil and Gas.
  4. Mining.
  5. Manufacturing Industry.
  6. FGN Savings Bond.
  7. Stocks.
  8. Fixed deposit.

How can I double my money in Nigeria?

Below are some carefully selected ways you can double your money in Nigeria.

  1. Put your assets to work:
  2. Buy shares:
  3. Dividend re-investment:
  4. Federal Government of Nigeria (FGN) bonds:
  5. Forex trading:
  6. Cryptocurrency trading:
  7. Cryptocurrency investment platforms:
  8. Setting up a side hustle:

How can I make 5000 naira a day?

10 Ways to Make 5000 Naira Daily in Nigeria

  1. Freelancing. This is one of the easy ways people make money online.
  2. Tutoring.
  3. Barbing.
  4. Transport services.
  5. A beauty salon.
  6. Owning a Gym house.
  7. Sales.
  8. Online marketing.

How can I make money fast in Nigeria?

10 Awesome Ways To Make Money Online In Nigeria (2020)

  1. Publish Books Online.
  2. Sell Designs & Creatives Online.
  3. List on Property Websites.
  4. Start a Blog or a Vlog.
  5. Sell on E-commerce Websites.
  6. Affiliate Marketing.
  7. Offer Professional Services Online.
  8. Become a Virtual Tutor.

What can I sell to make money in Nigeria?

15 High-in-Demand Everyday Commodities in Nigeria

  • Information. There are many things I want to list as number one on this list but information tops them all.
  • LIQUID SOAP AND DETERGENTS. You would agree with me that soaps are an everyday item.
  • POWER BANK.
  • HAIR EXTENSIONS.
  • SHOES AND CLOTHING.
  • COOKING GAS.
  • Floor Tiles.
  • WATER.

What should I invest with 500k in Nigeria?

Top 10 Business Ideas to Invest 500,000 Naira On

  • Mini Importation Business. This is certainly a good business venture you can invest 500,000 nairas in and certainly get rewarding profit.
  • Poultry Farming.
  • Pig Farming.
  • Fish Farming.
  • Goat Rearing/Farming.
  • Real estate business.
  • Laundry Business.
  • Fashion designing business.
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Where can I invest money for 2 years?

Let’s take a look at the Best short term investment options to invest in 2020.

  • Recurring Deposits.
  • Money Market Account.
  • Debt Instrument.
  • Bank Fixed Deposits.
  • Post-office Time Deposits.
  • Large Cap Mutual Funds.
  • Corporate deposits.

Where can I invest 50000 for 1 year?

Here are ten ways to invest 50k:

  • Individual Stocks. Individual stocks represent an investment in a single company.
  • Real Estate.
  • Individual Bonds.
  • Mutual Funds.
  • ETFs.
  • Invest with a Robo Advisor.
  • CDs.
  • Invest in Your Retirement.

What is the best investment for 5 years?

Types of Investment Plans for 5 years

  • Savings Account.
  • Liquid funds.
  • Fixed Maturity Plans (FMPs)
  • Arbitrage Funds.
  • Bank FDs or Postal Term Deposits.
  • Recurring Deposits (Rds)
  • 5 – Yrs National Savings Certificate (NSC)
  • Monthly Income Schemes (MIPs)

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