Investment strategies in Nigeria

In this post, I’m going to share with you some of the best savings and investment strategies in Nigeria that you can use to grow your wealth over time. 

Whether you’re a beginner or a seasoned investor, you’ll find tips and advice that will help you achieve your financial goals.


So if you’re tired of just letting your hard-earned money sit idly in a savings account, barely accruing any interest? Well, you’re not alone. 

Many Nigerians are searching for ways to grow their wealth and secure their financial future. 

That’s why we’re here to talk about the best investment strategies in Nigeria.

From retirement planning in Nigeria to high-yield investments and saving tips… 

I’ll cover everything you need to know to make smart investment decisions. Whether you’re saving for a down payment on a house, college tuition, or your golden years, these investment plans in Nigeria will help you reach your goals faster.


So, if you’re looking to make your money work for you and secure your financial future… Keep reading! 

Let’s dive into the world of savings and investment strategies in Nigeria and discover how you can maximize your returns and reach your financial goals



Investment Strategies in Nigeria

Saving and investing strategies in Nigeria refers to the various methods and practices adopted by individuals and organizations in Nigeria to manage and grow their financial resources. 

The purpose of these strategies is to help people and businesses save their money and make wise investments, so they can achieve their financial goals and secure their future.


Saving strategies in Nigeria focus on helping individuals and organizations build a reserve of cash that they can use to meet their short-term and long-term financial needs. 

In this context, we will look into some common saving strategies, investments in low-risk instruments, practicing budgeting, and expense management.



In Nigeria, savings and investments are two separate financial concepts that are used to grow and secure one’s wealth.

Both savings and investments are important for achieving financial stability and growth, but they differ in their objectives, risk tolerance, and reward potential.


Savings refer to putting aside a portion of one’s income for future use. 

Savings accounts are a popular form of savings in Nigeria and are used as a means of saving and preserving one’s wealth. 

The primary objective of savings is to keep money safe and secure while earning a small interest. 

Savings accounts are low-risk investments and offer low returns, making them ideal for people who are risk-averse or have a low tolerance for financial risk.


Investments, on the other hand, refer to putting money into a financial product or asset with the expectation of earning a return. 

Investments are made with the goal of generating a higher return than what is earned from a savings account.

Investment strategies in Nigeria vary widely and can include investing in stocks, bonds, real estate, or mutual funds. 

The reward potential for investments is higher than savings, but so is the risk.


One of the key differences between savings and investments is the level of risk involved. 

Savings accounts are generally considered low-risk investments, while investments like stocks or real estate are considered higher risk. 

This means that there is a greater chance of losing money with investments, but also a higher potential for earning a higher return.


To optimize investment strategies in Nigeria, it’s important to consider several factors such as one’s financial goals, risk tolerance, and time horizon. 

For example, if you’re looking to grow your wealth over a long period of time, investments like stocks or mutual funds may be more suitable, as they offer the potential for higher returns over the long term. 

However, if you’re looking to preserve your wealth, low-risk investments like savings accounts or bonds may be a better option.


In conclusion, savings and investments are both important for achieving financial stability and growth in Nigeria. 

While savings are low-risk and low-return, investments offer higher returns but also come with higher risks. 

It’s important to understand the differences between the two and choose the right investment strategy that meets your financial goals, risk tolerance, and time horizon.



Dollar Investment Platforms in Nigeria

The importance of saving money can be understood by these top 10 reasons:


  1. Pursuing Your Dreams

You can quit your miserable work if you have enough money in your savings account. 

You can stop working and follow your dreams. 

Since you have separate money set aside for your second career, your financial objectives won’t be jeopardized.


  1. Security over time

Since job security no longer exists, having a savings plan will help you get through the short-term financial crisis that results from losing your job.


  1. Making Plans for Emergencies

Unexpected financial emergencies happen, but if you have an emergency fund in place, you can manage the crisis without worrying about money.


  1. Funding Education

The price of a college degree today ranges from N70,000 to N100,000. 

When taking inflation into account, the costs would also rise in the future. 

The education of you or your children could be comfortably funded if you start saving and investing early on.


  1. Using Compound Interest to Your Advantage

A long-term savings strategy is necessary for long-term financial objectives like a retirement plan. 

By investing in stocks and battling inflation, you can take advantage of the power of compounding if you have a 15-20 year retirement timeline.


  1. Paying for Major Life Events

Weddings are expensive, but with the appropriate savings strategy, you may have the lavish wedding you desire. 

Such occurrences let you understand how important saving is.


  1. Paying for Major Purchases

Your savings plan can come in handy in situations where you need to replace your automobile or home equipment every few years. 

Some reasonably priced vehicles, like the Toyota Camry, might run you anywhere from 4m – 30m naira.


  1. Limiting financial risk

When you desire to start your own business and have the money to do so, you will understand the value of saving.


You can invest easily, for instance, if your business requires only 600,000 (or 10%) of your corpus of $6 million. 

The money that’s left over will keep accruing interest.


  1. Gaining Financial Independence

Being financially free means having enough money.

You have the opportunity to launch your own business, take a well-earned holiday, and understand the value of conserving money.



Here are some things to think about while creating an investment and savings strategy for Nigeria.


Keep in mind that your savings represent the gap between your income and investments. 

After your monthly bills are paid, they stay in your salary savings account.


Analyzing your spending is the first step in learning how to save money.

The reason is simple: when you deduct what you spend from your monthly expenses, you get your monthly savings.


Learn how to save and invest better in Nigeria with these simple tips.


Create a Budget

You can’t start saving money if you don’t have any control over what or where you’re spending your money.

A monthly budget is a place to start when setting savings objectives.


Debt reduction

To efficiently save money, you must pay off your debt because it consumes your savings. 

When you make purchases with a credit card, you are utilizing someone else’s money.

Make every effort to pay off as much of your debt as you can, and set aside a portion of your monthly budget to do so.


Open a Designated Savings Account

A designated savings account can help you save money. 

Transfer the money for your savings goals the day your salary gets credited into a dedicated savings account. 

To avoid inflation, you can invest the same money in low-risk securities by saving in more stable assets like the dollar. 


Identify Non-Essential Expenses

Once you have a budget, prioritize your expenses by identifying what is essential and what is not. 

Essential expenses include things like housing, food, transportation, and healthcare. 

Non-essential expenses include things like dining out, entertainment, and luxury goods.

Once you have identified your non-essential expenses, start cutting back on them. 

For example, instead of dining out, you could cook at home… Instead of buying luxury goods, you could save money or invest it.


Try to avoid unnecessary Subscriptions

Go through the list and decide which subscriptions you need and which ones you don’t. 

If you haven’t used a subscription in the past few months, consider canceling it.

If you find a subscription you want to keep, consider negotiating the price or finding an alternative service that is cheaper


Invest Your Bonus Money

Do you have kind relatives who give you money as gifts or are you one of the fortunate ones who receives a sizable annual bonus? 

If so, put that annual bonus in a financial asset, such as an emergency fund, that will help you reach your financial objectives.


Use this extra cash to settle any debts that are still owing. 

You save more and spend less of your monthly income..


Check for discount Deals for online payments

Some online payment platforms offer discount codes that can be redeemed when making a payment. 

This can result in a percentage off the total cost of your purchase.

Also, try to compare the prices on different online payment platforms to see which one is offering the best deal before making payments

I personally use a chrome extension called Honey, to check out for discount deals and codes when making online purchases



Dollar Investment Platforms in Nigeria

Massive resources are available in Nigeria, most of which have not yet been properly utilized. 

There are fantastic investment opportunities in the solid minerals industry.

Among the many agricultural products are groundnuts, palm oil, cocoa, and coconut. In addition to being one of the continent’s top oil producers and having a thriving leather and textile industry… 

Nigeria attracts significant amounts of foreign investment.

Nigeria offers a stable political climate, notwithstanding occasional crises. 

Hence, it is regarded by the global business community as the key player in a sizable African market.


With a population of over 200 million, Nigeria is the most populous country in Africa and the ninth most populous country in the world.

Future growth is expected to be strong, according to the region’s demographic structure.

This shows that investing in Nigeria is quite profitable.



Long-term investment planning in Nigeria typically focuses on retirement planning. 

In Nigeria, the retirement age is set at 60 years, which means that people need to start planning for their retirement as early as possible. 

A long-term investment plan helps individuals accumulate wealth over time, which they can use to meet their living expenses in retirement.


To optimize the long-term investment plan in Nigeria, it’s advisable to diversify investments across different asset classes.

This reduces the risk of losing money in case one investment doesn’t perform well.

Additionally, investing in assets that have a higher return over time, such as stocks and real estate, can help individuals accumulate wealth faster. 

It’s also important to invest regularly and consistently, as opposed to making lump sum investments. 

This way, individuals can take advantage of the power of compounding, which means that their money grows at a faster rate over time.


Short-term investment planning, on the other hand, focuses on achieving specific financial goals within a shorter time horizon. 

Since “short-term” refers to a small period of time, any asset held for a year or less qualifies as a short-term investment.

This could be anything from buying a car, paying for a child’s education, or building an emergency fund. 

Short-term investment options in Nigeria include savings accounts, fixed deposits, and money market funds.


To optimize short-term investment planning in Nigeria, it’s important to choose investments that are low-risk and provide a steady return. 

This helps ensure that the money is safe and can be easily accessed when needed.

Additionally, it’s important to set clear financial goals and to track progress regularly. 

This way, individuals can make adjustments to their investment strategy as needed, to ensure that they are on track to achieve their financial goals.



There is no one-size-fits-all approach to investment techniques in Nigeria… 

You must research and evaluate the one that will work best for you.


To make the strategies fit your portfolios as they get older, you’ll need to realign and reassess them.

To that purpose, Let’s look at the best investment strategies in Nigeria you can go for:


Passive and Active Investment Strategies:

In Nigeria, investors can either choose passive or active investment strategies.

Passive investment strategies involve low-cost index funds that track the market, while active investment strategies involve the use of professional fund managers who make individual investment decisions.


Growth Investing:

Growth investing is a strategy that focuses on investing in companies that have the potential for high growth in the future, regardless of their current earnings or dividend payout. 

Investors in this strategy believe that the company’s future earnings will more than make up for the lack of current income.


Value Investing:

Value investing involves investing in companies that are undervalued compared to their intrinsic value. 

The goal is to purchase stocks that are trading at a discount and hold them until the market recognizes their true value, resulting in capital appreciation.


Momentum Investing:

Momentum investing is a strategy that involves investing in securities that have shown high levels of momentum in the recent past. 

The belief is that the momentum will continue, leading to high returns.


Small Cap Investing:

Small cap investing is a strategy where the investor seeks to invest in small-cap stocks, which are stocks of companies with a smaller market capitalization. 

These companies are often young and have high growth potential, making them attractive investment opportunities.


Dividend Investing:

Dividend investing is a strategy that focuses on investing in companies that pay regular dividends. 

The goal is to generate a regular income stream, while also potentially benefiting from capital appreciation.


Factor Investing:

Factor investing is a strategy that focuses on investing in specific factors, such as value, size, quality, momentum, and low volatility, in order to generate higher returns.


Low-Risk Investment:

Low-risk investment strategies involve investing in securities that have a low likelihood of losing value. 

This type of investment is suitable for those who are risk-averse and prioritize preserving their capital over maximizing returns.


Income Investment:

Income investment is a strategy that focuses on generating a steady income stream through investments such as bonds, dividend-paying stocks, and real estate investment trusts (REITs). 

The goal is to provide a consistent source of income for investors, rather than focusing on capital appreciation.



Before you begin your investment journey in Nigeria, there are a number of things to keep in mind.

You may learn more about the factors you should take into consideration before investing in the paragraphs that follow.


Set Goals

The first step in beginning your investment journey as a Nigerian is setting financial goals.

You will have a clear grasp of what you hope to gain from your investment returns once you have established your goals.

You may give your goals significance by setting them.

Do you want to save $5 million by the age of 35? Or do you desire a home by age 45?


Setting goals enables you to assign a distinct viewpoint to the endeavors you must undertake. 


Research and Due-Diligence

Once you are aware of your objectives, you may start researching your investment possibilities. 

The Nigerian market offers a variety of options, including Mutual Funds, ETFs, Treasuries, Bonds, and even cryptocurrency! 

You must diversify your investments and maintain a healthy ratio of risk to return. 

With the Naira’s gradual depreciation, be sure your investments are protected against inflation.


Start Saving

When you become aware of your investing possibilities and decide what to do with them, you should start saving.

You don’t need to set away all of your monthly salary in order to save.

You simply need to save at least 10% of that income, not more.

Then, make investments in a variety of assets to diversify your portfolio.

Start investing early to enjoy the benefits of compounding.



Investors may make smart judgments quickly by using investment strategies.

They may have a goal-oriented approach and aid clients in selecting investments appropriately.


To meet your tastes and needs, you can create a portfolio using just one approach or by combining other techniques.

As a Nigerian, you have numerous options to invest in and amass wealth.

For instance, Pillow Fund offers up to 14% of profits on cryptocurrency investments.


Importance guide: How to Earn 14% APY with Pillow Fund Savings



Low Capital Businesses in Nigeria

As you already know! 

Investing your money is one of the best ways to secure your financial future… 

but with the multitude of options available, choosing the right investment strategy can be overwhelming. 

Before choosing the right investment strategy in Nigeria, you need to consider the following… 


First, it is important to determine your investment goals. 

Are you looking to grow your wealth over the long term, or do you need a quick return on your investment? 

This will help you choose the right savings and investment strategies in Nigeria that align with your goals.


Second, consider your risk tolerance.

Riskier investments typically offer higher returns, but they also carry a higher level of uncertainty. 

Evaluate your own comfort level with risk, and choose a strategy that aligns with it.


Third, take into account the current economic climate in Nigeria. 

For example, if the economy is in a state of growth, you may want to consider investing in stocks, which tend to perform well in a growing economy. 

Conversely, if the economy is in a recession, you may want to consider safer investment options, such as bonds, etc. 


Fourth, diversify your investments. 

Don’t put all your eggs in one basket. 

By spreading your investments across different asset classes, you can minimize your risk and maximize your returns.


Fifth, it is advisable to seek professional investment advice. 

An investment advisor can help you assess your investment goals and risk tolerance, and recommend a savings and investments strategy in Nigeria that is tailored to your specific needs.


Lastly, monitor your investments regularly.

Keep track of your portfolio’s performance and make adjustments as needed to ensure that it continues to meet your investment goals.



After learning about the different types of investment strategies in Nigeria… 

Let’s look at the different ways you can invest your money properly in Nigeria. 


Online Investment Apps:

Online investment apps provide a convenient and accessible way to invest and manage your funds in Nigeria.

Examples of such apps include Piggyvest, Pillow Fund Cowrywise, etc. 


See the list of best apps to save in dollars in Nigeria


These apps offer a variety of investment options including low-risk savings accounts and mutual funds, allowing you to start investing with as little as NGN500.

One advantage of using online investment apps is the ease of use and convenience they offer, allowing you to manage your investments on-the-go from your mobile phone.

They also provide a user-friendly interface, making it easier for first-time investors to get started and learn about investing.



Investing in stocks can be a great way to grow your wealth over time, but it does come with higher risk than some other forms of investment.

You can invest in stocks through a stockbroker, either online or in person.

Before investing in stocks, it’s important to do your research, understand the company you are investing in and consider the risks involved.

Consider seeking the advice of a financial advisor to help you make informed decisions and create a diversified investment portfolio.


Savings account:

Savings accounts are a low-risk investment option that can be a good starting point for those new to investing.

These accounts allow you to earn interest on your deposit and have easy access to your funds when you need them.

Consider shopping around for high-yield savings accounts to maximize the interest you earn on your deposit.

Make sure to choose a savings account from a reputable bank to ensure the safety of your funds.



Cryptocurrency is a digital asset designed to work as a medium of exchange. 

Bitcoin is the most popular cryptocurrency.

Nigeria has experienced a rise in cryptocurrency since April 2022.

The Nigerian population has seen a growing interest in making money with cryptocurrency


You can start a crypto investment journey with as little as ₦3000 with this Pillow Fund referral code

Your favorite tokens can be bought, traded, and earned. 

Pillow fund is beginner friendly and you don’t have to sift through the hassles of technical research as the yields are assured!


Mutual Funds:

Mutual funds are a type of investment that pools money from many investors to buy a diversified portfolio of stocks, bonds, or other securities.

Investing in mutual funds can provide access to a diverse range of investments and professional management, reducing the risk for individual investors.

Consider seeking the advice of a financial advisor to help you choose the right mutual fund for your investment goals and risk tolerance.

Make sure to choose a reputable mutual fund provider and understand the fees involved in investing in mutual funds.


Money Market Instruments:

Money market instruments are debt securities with a short-term maturity, such as Treasury bills and commercial papers.

These instruments are a low-risk investment option and can provide a higher return compared to savings accounts.

Consider seeking the advice of a financial advisor to help you understand the different types of money market instruments and choose the right investment for your needs.

Make sure to choose a reputable issuer and understand the risks involved in investing in money market instruments.


Online Agri-Investment Portals

Agri-investment portals are upcoming in Nigeria.

By providing cash for specific farm initiatives, you can invest in agriculture.

Up to 50% of the profit on your investment may come from these cycles.




Fixed/Term Deposit 

Customers can open a fixed deposit bank account with any of Nigeria’s numerous banks.

You are able to deposit a set amount of money into this account for a specific amount of time at a fixed interest rate.

One should compare the interest rates offered by the major Nigerian banks before making an investment. 

Several banks might provide interest rates that, depending on the length of the deposit, range from 4% to 13.88%.


Mutual Funds:

Mutual funds are professionally managed investment portfolios that pool money from multiple investors to purchase securities.

They offer a convenient way for individual investors to access a diverse range of assets and benefit from professional management. 

In Nigeria, mutual funds are regulated by the Securities and Exchange Commission (SEC) and offer a variety of investment options, such as equity, bond, and money market funds.


Dividend Stocks:

Dividend stocks are shares in companies that pay regular dividends to shareholders.

These dividends can provide a steady source of income for investors and can be a good long-term investment option, particularly for those looking for passive income. 

Some of the largest companies in Nigeria, such as Nestle, Dangote Cement, and Guaranty Trust Bank, pay regular dividends and can be good options for investors looking to invest in dividend stocks.


Real Estate:

Real estate can be a lucrative long-term investment option in Nigeria, particularly in fast-growing cities like Lagos and Abuja.

The demand for housing in these cities is growing as the population continues to increase, and this can drive up property prices over time. 

However, real estate can be a complex and illiquid investment, so it’s important to conduct thorough research and seek professional advice before investing.



Bonds are debt securities that are issued by companies, governments, or other organizations to raise capital. 

They offer a predictable stream of income in the form of interest payments, making them a good option for investors looking for a steady return. 

In Nigeria, government bonds are the most common type of bond and are widely available to investors through the Nigerian Stock Exchange.


It’s important to note that all investments come with risks and returns are not guaranteed. 

Before making any investment, it’s important to carefully consider your goals, risk tolerance, and the state of the economy, as well as seek advice from a financial advisor.



Start photography in Nigeria

Wealth Creation: Investing in stocks or other assets for an extended period of time or until maturity produces incredible returns and raises the investment’s value.


Risk minimization: Keeping investments for a long time reduces the risk brought on by unfavorable market conditions, like a recession.


Sustainable Growth: Long-term investing is a superb option for the long-term expansion of money or assets because it provides bigger and more constant profits.


Association with Quality Companies: By investing in their shares and funds, a long-term investor may gain a stake in the ownership of renowned businesses or well-known brands. 

As a result, the investor has a chance to participate in the growth and success of that company.


Reduced Taxes and Fees: Many long-term investments come with a tax exemption plan. An investment’s processing costs naturally drop if it is made infrequently.



  1. Risk-Free Investment or Neutral Investment

Long-term investment planning will reduce your worry about short-term market volatility. 

As your long-term approach matures, your investment will be lucrative and will be less vulnerable to market volatility. 

The market’s ups and downs, however, make short-term investments stressful over time.


  1. The interest-compounding rate

The interest rate that accumulates over time works in your favor all the time. 

Good long-term investments are a blessing for investors who want to reap large gains in the future. 

You can also reinvest your dividend to take advantage of compounding on your principal amount.


  1. Simple to use

Investing in long-term plans is easy. 

After investing, you can relax. 

You are not required to keep track of everyday market fluctuations.


  1. Reduces your tax obligation

Another benefit is that long-term investments will result in fewer tax obligations. 

Short-term investors, who hold their investments for one year or less, face a higher tax rate than long-term investors.


  1. Consider upcoming costs.

Long-term investments can be used to pay for all upcoming costs, such as those related to retirement, education, cars, and other expenses. 

A thorough strategy to discipline your savings and reach your goals is through long-term investing.


  1. Saves other costs 

Regular investments are subject to a variety of fees, some of which can be very significant. 

For regular transactions, commissions are necessary. 

You must pay a commission on each short-term investment transaction. 

The tax rate is also quite important. 

You can save yourself from having to pay for all of these fees by creating a long-term investment.


  1. Saves time

Making long-term investments does not require you to constantly monitor and assess market trends and patterns.

Instead, before making an investment, you should perform a single market study. 

This enables time savings.


  1. Keeps you from experiencing needless stress

You can avoid and be shielded from unwanted tension and anxiety by investing in long-term wealth. 

Any shift in the market graph won’t disturb your peace of mind because it typically disturbs short-term investors.



Real Estate:

Investing in real estate in Nigeria can yield steady monthly returns through rent income, property appreciation, and capital gains. 

Residential properties such as apartments and houses, as well as commercial properties such as office spaces and retail buildings, can be good investment options.


Haulage Business:

Starting a haulage business in Nigeria, which involves transporting goods and raw materials, can be a lucrative investment.

With steady demand for transportation services, a haulage business can provide regular monthly returns.


High Dividend Mutual Funds:

Investing in high-dividend mutual funds can provide monthly returns in the form of dividends paid out by the underlying companies in the fund’s portfolio. 

These investments are generally low-risk and can provide a steady stream of income.


Treasury Bills:

Investing in Treasury bills in Nigeria is a low-risk investment option that provides regular monthly returns in the form of interest payments. 

Treasury bills are issued by the government and are considered to be a secure investment option.


Food Business:

Starting a food business, such as a restaurant or catering service, can provide steady monthly returns from sales and customer patronage. 

With a growing population and increasing demand for food services, investing in a food business in Nigeria can be a profitable option.



Investing in agriculture in Nigeria can yield regular monthly returns through the sale of crops and livestock. 

Agricultural businesses, such as farming and fishing, can provide a steady source of income and help to improve the local economy.


Plastic Recycling:

Investing in a plastic recycling business in Nigeria can provide monthly returns through the sale of recycled plastic materials. 

With increasing environmental concerns and a growing demand for sustainable products, plastic recycling can be a profitable investment option.


Body Care Business:

Starting a body care business, such as a spa or beauty salon, can provide steady monthly returns through customer patronage and sales. 

With a growing demand for personal grooming and beauty services, investing in a body care business can be a lucrative option.


Crypto Trading:

Investing in cryptocurrencies, such as Bitcoin, can yield high monthly returns through price appreciation and trading profits. 

However, it’s important to keep in mind that cryptocurrency investments are high-risk and can also result in significant losses.


Digital Skills Investments:

Investing in digital skills, such as learning to code or develop websites, can provide steady monthly returns through freelance work or employment opportunities. 

With the increasing demand for technology skills, investing in digital skills can be a valuable option for securing a stable income.


Mini importation

Start a mini-importation business if you desire regular returns on your investment. The mini-importation business is very profitable because it just requires a small quantity of cash.

With a N10,000 initial investment in mini-importations, you can start earning up to N50,000 every month.

Even if you don’t have a product of your own to sell, you can still make money by selling someone else’s goods.

Dropshipping is great since it does away with the need for product delivery and inventory purchases.

You can sell the things for more money by simply placing an online order for them from stores like AliExpress.



How can you set up an investment strategy?

You must take into account your goals, skills, and investment horizon while creating an investment strategy. 

The best course of action is to stay in the field in which you have experience because doing so will increase your chances of earning more money.


What are the best cryptocurrency investing strategies?

Investing in blue-chip cryptocurrencies is advised for beginners who wish to become accustomed to the volatility of the asset classes.

Blue chip currencies with a long history include Bitcoin, Ethereum, and Ripple.


Your greatest option for cryptocurrency investing in Nigeria would be Pillow Fund, which provides a secure platform to invest in the cryptocurrencies you want. 

Pillow also promises up to 14% returns to all investors, removing all risk from your investment.


Read more: Best ways to Make Money with Cryptocurrency in Nigeria

Is Saving Money Important for Students?

Early savings habits assist pupils to maintain self-control and increase their likelihood of succeeding in their financial goals.


Is it Smart to Have a Savings Account?

Yes, having a savings account is wise because it aids you in times of need and allows you to achieve your financial objectives.


Why Is It Important to Pay Yourself First?

Paying yourself first is crucial because only when you are secure financially can you use any extra money to aid people in need.


Why is Saving Safer than Investing?

Savings are safer than investing in urgent necessities like an emergency fund. 

Your money is safeguarded from volatility and aids in getting through any financial emergency with a high-yield savings account.


What’s the 50-30-20 Budget Rule in Nigeria?

The 50-30-20 Budget Rule is a method for cutting costs and generating income.

Spend 50% of your monthly money on necessities, 30% on wants, and the remaining 20% should go toward saving.

This is where your savings strategy will begin.


Is it wise to save 500 Naira per month?

It’s crucial to start saving if you want to implement your savings plan and reach your financial objectives. 

Therefore, 500 Naira is a wonderful place to start.


The Best Daily profit investment site in Nigeria?

With Pillow, you may make passive income from your investments. 

Earn a 14% return per year on your savings while protecting the value of your Naira against inflation.


DISCLAIMER: Investments, Crypto products, and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Interest Rates are subject to change anytime as per the market conditions. Exercise caution before investing.