Quick Answer: What investment has the highest return in Nigeria?

What is the most profitable investment in Nigeria?

1. Stock. Investing in stock is easily one of the profitable investment opportunities in Nigeria. The stock market is an online world where investors reserve the option to buy and sell shares of publicly traded companies.

What can I invest in to make money fast in Nigeria?

20 ways to invest your money wisely in Nigeria

  1. Online Investment Apps.
  2. FGN Savings Bond (FGNSB)
  3. Stocks.
  4. Online Agric Investment Portals.
  5. Mutual Funds.
  6. Stanbic IBTC Equity Fund.
  7. ARM Aggressive Fund.
  8. Stanbic IBTC Money Market Fund.

What is the best investment for monthly income in Nigeria?

10 Investments That Generate Monthly Income In Nigeria

  • Uber/Taxify Business.
  • Real Estate.
  • Investing in Agriculture.
  • Food Business.
  • Mutual Funds Designed For Monthly Income.
  • Treasury Bills.
  • Digital Investments.
  • Importation Business (Small Scale)

What is the best investment in Nigeria?

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.
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What should I invest 50K in Nigeria?

What Business Can I Start With 50K In Nigeria?

  • Noodle Stand. Starting a noodle stand is a business that is quite profitable in many parts of Nigeria. …
  • Soap Production. …
  • Perfume Oil Sales. …
  • Thrift Shop. …
  • Popcorn Production Business. …
  • Mini-Importation Business. …
  • Become A Used-Car Seller. …
  • Start A Printing/Branding Business.

What should I invest with 500k in Nigeria?

9 Businesses You Can Start with 500k in Nigeria

  • Mini Importation Business.
  • Sales of Clothes and Shoes.
  • Barbing Saloon Business.
  • Football Viewing Center/Game Center.
  • Hair Dressing.
  • Real Estate Business.
  • Block Moulding Business.
  • Computer Service Center.

What can I invest with 10000 Naira?

4 Ways to Invest 10,000 Naira

  • Invest in an emergency fund. An emergency fund is an amount of money that you set aside for the sake of unplanned expenses. …
  • Invest in fixed income plans. We all have different risk profiles. …
  • Invest in real estate funds. …
  • Invest in a Stock Index.

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:

What kind of business is lucrative in Nigeria?

Oil and gas is definitely king among the most lucrative businesses in Nigeria. Look at this way, we depend on gas or kerosene to cook.

What is the best investment to get monthly income?

Best Investment Plan for Monthly Income

  • Post Office Monthly Income Scheme.
  • Government Bond.
  • Corporate Deposits.
  • Monthly Income Plan.
  • Senior Citizen Savings Scheme. Related Articles.
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Where can I invest money for monthly returns?

Here is a look at the 10 investment avenues Indians look at while saving for financial goals.

  • Direct equity. …
  • Equity mutual funds. …
  • Debt mutual funds. …
  • National Pension System. …
  • Public Provident Fund (PPF) …
  • Bank fixed deposit (FD) …
  • Senior Citizens’ Saving Scheme (SCSS) …
  • Pradhan Mantri Vaya Vandana Yojana (PMVVY)

Which is the best investment platform?

Best Trading Platforms 2021

  • TD Ameritrade – Best overall, best for beginners.
  • Fidelity – Best for everyday investors.
  • Charles Schwab – Best IRA accounts.
  • Interactive Brokers – Best for professionals.
  • E*TRADE – Best web trading platform.

What is the safest investment with highest return?

9 Safe Investments With the Highest Returns

  • High-Yield Savings Accounts.
  • CDs.
  • Money Market Accounts.
  • Treasury Bonds.
  • Treasury Inflation-Protected Securities.
  • Municipal Bonds.
  • Corporate Bonds.
  • S&P 500 Funds.

What are 4 types of investments?

There are four main investment types, or asset classes, that you can choose from, each with distinct characteristics, risks and benefits.

  • Growth investments. …
  • Shares. …
  • Property. …
  • Defensive investments. …
  • Cash. …
  • Fixed interest.

How can I grow my money fast?

Take control of your finances today by trying these four simple ways to make your money grow faster.

  1. Track your spending, savings, and investments.
  2. Pay yourself first.
  3. Start a side hustle.
  4. Find a residual income stream.
  5. Wrapping up.