Industry data show that assets under management in naira-denominated mutual funds rose by about 140 percent in 2025, increasing from N2.29 trillion in 2024 to N5.48 trillion by November. Over the same per
Investors are returning to naira-denominated mutual funds as the risks that once drove them into dollar assets begin to ease. A more stable exchange rate, high domestic yields and tighter monetary policy have shifted the risk-reward balance in favour of local currency investments, prompting a reassessment of where capital is best preserved.
Industry data show that assets under management in naira-denominated mutual funds rose by about 140 percent in 2025, increasing from N2.29 trillion in 2024 to N5.48 trillion by November. Over the same per