Money Market Funds

FGN Savings Bonds in Nigeria: What They Are and How They Work

Felix Komuo Sep 3, 2026, 10:33 PM Sep 3, 2026, 10:36 PM

An FGN Savings Bond is a government debt security issued by the Federal Government of Nigeria through the Debt Management Office (DMO). When you buy one, you are effectively lending money to the Federal Government.

Investing

What Is a Fixed Deposit and How Does It Work in Nigeria?

Felix Komuo Sep 3, 2026, 6:54 PM Sep 3, 2026, 7:22 PM

A fixed deposit is a deposit arrangement where you place money with a financial institution for an agreed period in...

Investing

What Is a Money Market Fund and How Does It Work in Nigeria?

Felix Komuo Sep 3, 2026, 6:06 PM Sep 3, 2026, 6:18 PM

A money market fund is a type of collective investment scheme that invests primarily in short-term, interest-bearing instruments such as...

Investing

Stocks vs Mutual Funds: Which Is Better for Beginners?

Felix Komuo Aug 31, 2026, 8:36 PM Aug 31, 2026, 8:46 PM

Stocks give investors direct ownership and control, while mutual funds provide pooled investing and professional management. This guide compares both...

Investing

What Should You Invest in First? A Beginner's Guide

Felix Komuo Aug 31, 2026, 8:14 PM Aug 31, 2026, 8:28 PM

Choosing your first investment isn't simply about finding the highest return. This guide explains how beginners can evaluate investments based...