Investment Ideas For Undergraduates In Nigeria

3 mins read

Are you an undergraduate student in Nigeria looking to explore investment opportunities while pursuing your education?

Prime Business Africa has collated 10 investment ideas to guide you on your path to achieving your dreams and building a brighter future in Nigeria.

These insights are essential to set you on the right course as you work towards your post-graduation goals.

 1. Certificate of Deposit

A certificate of deposit (CD) is a savings product that earns interest on a lump sum for a fixed period of time. CDs usually have higher interest rates than savings accounts as an incentive for lost liquidity. Certificates of deposit are among the safest investment ideas that you can undertake. By investing in CDs, you are eligible for a specific interest rate, for leaving your money in the

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care of a financial institution for a period.


2. Stock, Shares, and Equity

Investing in stock is easily one of the profitable investment opportunities in Nigeria. The stock market is an online world where investors reserve the options to buy and sell shares of publicly traded companies.


3. Cryptocurrencies 

Crypto is one of the most profitable investment opportunities in Nigeria and millions of people around the world have taken advantage of the volatile nature of this venture. How it works is you register on cryptocurrency exchange apps/platforms, verify your registration, fund your wallet, and buy cryptocurrencies when the prices plummet. In Nigeria, there are several Crypto exchange platforms.



4. Bonds

With as little as 5,000, you can invest in bonds. With as little as that amount, you can invest in bonds for some fund managers. The interesting thing is that you have zero chances of losing your money because it is completely backed by the government.


5. Open an IRA

IRA means Individual Retirement Account. Opening this account could be the best thing you could do for yourself. Do not say it is too early to do such, because time, as they say, waits for no man. Beginning early gives you more by increasing your compound benefits.


6. Digital Agriculture

A lot of agricultural companies like HelloTractor, FarmCrowdy are offering a platform that allows everyday people to invest their money in farming and reap good benefits with as low as #5,000.


7. Fixed Deposit

The interest paid on fixed deposits is always higher than the interest that the banks pay on a regular deposit and with only 5,000 naira. Note: Different banks have different interest rates, so you must find out this information before investing.



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