The total Net Asset Value (NAV) of Nigeria’s mutual funds and collective investment schemes has soared to ₦7.3 trillion within the first ten months of 2025, marking an impressive 97% growth compared to the same period last year.
The surge reflects growing investor confidence in the country’s regulated investment vehicles, particularly in money market instruments amid a challenging economic landscape. Money Market Funds (MMFs) led the growth, reaching approximately ₦4.3 trillion, up from ₦1.5 trillion in 2024.
Fixed Income Funds (FIFs) and Real Estate Investment Trusts (REITs) also recorded significant gains, with FIFs accounting for ₦1.937 trillion (27.35% of total NAV) and REITs at ₦368.8 billion (5.21%).
Industry analysts suggest that the strong performance, especially in low-risk instruments like MMFs, indicates investors’ preference for safety and liquidity in an environment of economic uncertainty and higher interest rates.
“This remarkable growth underscores a renewed confidence in Nigeria’s investment market,” said an industry expert. “Investors are clearly gravitating towards regulated funds that offer both stability and attractive returns.”
While the NAV surge is a positive indicator for the capital markets, experts note that sustained growth will depend on broader diversification into long-term equity and fixed-income investments. Visit www.jocomms.com for more news.
