Nigerian Money Market Funds Deliver Over 15% Yields as Interest Rates Surge

Money market funds in Nigeria are offering yields exceeding 15% as government Treasury Bills and other short‑term instruments benefit from sharply higher interest rates. The funds, which must invest in securities with maturities under 364 days, now account for about 65.29% of the total net asset value of all mutual funds in the country, roughly N3.6 trillion across 41 licensed managers. Major providers include Stanbic IBTC, United Capital, ARM and Meristem, with management fees typically around 1.5% of assets per year.

A separate debt and hybrid mutual‑fund screener designed for July 2026 provides investors with detailed breakdowns of bond credit ratings, maturity profiles and equity‑debt mixes. The Excel‑based tool lists portfolio weights by rating (AAA, AA, A, etc.) and by maturity buckets (under 1 year, 1‑3 years, 3‑5 years, over 5 years), helping users assess credit and interest‑rate risk more accurately.