A lot of people want to know the best Nigerian investment companies that pay weekly and investment with monthly returns in Nigeria, this guide today is a short breakdown on how you can invest 1 million Naira in Nigeria or more and be sure of a good return of investment in a matter of months.
So, if you still have the question of ‘Where should I invest in Nigeria come 202?’ Below are 3 amazing recommended investments moves you can make and smile your way to the bank;
How To Invest 1-5 Million Naira In Nigeria
Invest on SHIFDA on Sumotrust
Sumotrust is a secure savings and investment platform popularly known with a good reputation for helping customers save and invest money. Investing with Sumotrust is already recommended and one of the best investment options in Nigeria. They offer a secure hedge fund program called SHIFDA for high net worth investors with a 24% return on investment per annum.
The minimum investment is 500,000 Naira and you can invest as much as 100 Million Naira.
SHIFDA means Sumotrust high interest fixed deposit account which works like a fixed deposit with a minimum of 6 months maturity and can last as much as 10 years.
To get started with SHIFDA by Sumotrust;
- Kindly visit www.sumotrust.com and create a free savings and investment account.
- Login to your account and navigate to the ‘SHIFDA Wallet’ tab from the menu section.
- Read through the details and follow the instructions given to invest.
- Once your Investment request has been approved, go ahead and create a ‘Fixed Savings’ in your account, you will see a notification about your account qualifying for SHIFDA. Kindly fill-up the form and complete the process.
- On the maturity date, your capital and interest will be automatically released into your Kick wallet where you can withdraw instantly to your Bank.
There are lots of invest-earn-daily on Nigeria platforms, but for the purpose of security; I can’t recommend any of them. However, If you’re looking for where to invest money in Nigeria; Sumotrust should be your best choice because it is trusted and has maintained a good reputation over the years as one of the reputable investment companies in Nigeria.
Invest in Cryptocurrency
Cryptocurrency investment is known to be the best investment of the last decade as seen on CNN. However, investing into cryptocurrency can be tricky and will cause you to lose money if you don’t know the right portfolios to hold.
If you’re just getting started, definitely, Bitcoin is one if not the only cryptocurrency to hold onto until you gain deeper knowledge and understanding of investing into cryptocurrency.
With platforms like Truzact, investing in cryptocurrency in Nigeria will never be a problem for you; as you can easily make Naira deposits using your Naira debit card or the virtual account number is given to you and instantly convert it to Bitcoin.
The platform (Truzact) also allows you to save in cryptocurrencies and earn interest on your savings. To start investing into cryptocurrencies in Nigeria, kindly visit www.truzact.com and create an account, fund your wallet, and instantly swap it to your favorite cryptocurrency.
Invest in Agriculture.
The demand for locally made agricultural products is on the high side right now and very lucrative to throw money into. Depending on the exact agricultural investment you want to make, do get enough knowledge and understanding to avoid losing money.
We have written a couple of guides on Agricultural businesses, you might consider checking out the tips here for insights and profitability forecast on the exact Agro business to get involved with.
Looking at the 2 investment options in Nigeria listed here on how to invest 1 million Naira, Only investing with SHIFDA on Sumotrust promises secure investment and less risk management.
Still have the question of ‘where to invest my money in Nigeria’? Kindly check out the list of top investment opportunities in Nigeria.