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AVA Global Launches New ₦1 Billion Mutual Fund to Boost Financial Inclusion
AVA Global Asset Managers Limited (AVA GAM) has unveiled a new ₦1 billion Money Market Fund, designed to offer Nigerians a low-risk and accessible investment opportunity. This mutual fund, priced at ₦1 per unit, allows...
Naira Devaluation Drives Nearly Threefold Surge in Dollar Fund Assets
Detailed Summary:
The value of dollar-based investment funds in Nigeria has significantly surged, reaching N1.67 trillion by September 2024, nearly tripling from N550.5 billion recorded in the same period in 2023. This 187%...
RT BRISCOE LAUNCHES RECAPITALIZATION FUND
1. Introduction of the Fund:
- RT Briscoe Nigeria Plc has launched the "R.T. Briscoe Savings and Investment Fund," a pioneering initiative that allows investors to save and invest in the company over time.
- The fund is approved by the Securities...
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