Mutual Funds Archives

Naira mutual funds surge 140% as investors shun dollars

Naira-denominated mutual funds surged by about 140 per cent in one year as investor appetite shifted away from United States’ dollar assets, signalling renewed confidence in local currency investments. Dollar-denominated mutual funds recorded slower growth, rising by 12 per cent from N1,708 billion in 2024 to N1,920 billion by November 2025. In contrast, naira-denominated mutual […]

aadelekepdnlimited-com
5th February 2026
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News

Mutual Funds’ investment hits N2.3trn over high interest rate

Melvin Onwubuke Mutual Fund is one of the few asset classes that were able to perform overtime amidst inflation and economic uncertainty in Nigeria. In January 2024, the total net asset value of Mutual Fund investments increased by 76.9 per cent to N2.3 trillion from N1.32 trillion in the corresponding period for 2023 year on […]

aomenyepdnlimited-com
12th March 2024
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Business

Mutual funds investments hit 41.2% – Report

Despite rising rates in mutual fund investments, a recent report revealed that more investors are now shifting their funds to this class of assets, resulting in a substantial increase in the portfolio. Vanguard reported that the total value of assets in mutual funds increased Year-over-Year, by 41.2% to N2.1 trillion in the 10 months ending October 20, […]

bfatoyepdnlimited-com
14th November 2023
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Business

Mutual funds investment hits N1.87trn in Q1 2023

The total value of mutual fund investments increased by 33.1% year on year, YoY, to N1.87 trillion in the half year ending June 2023, H1’23, from N1.41 trillion at the same time in 2022, H1’22. Vanguard reported that the high-interest rate on fixed-income securities, the stock market’s upswing, and growing public knowledge of the advantages […]

bfatoyepdnlimited-com
27th July 2023
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122 Views

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Tag: Mutual Funds

Naira mutual funds surge 140% as investors shun dollars

Mutual Funds’ investment hits N2.3trn over high interest rate

Mutual funds investments hit 41.2% – Report

Mutual funds investment hits N1.87trn in Q1 2023

Google halts global Chinese-linked cyber espionage operation

Hacker exploits Anthropic’s Claude to steal Mexican government.

LIRS sets March 31 deadline for 2026 annual.

NAMA loses major equipment to Lagos airport fire.

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