If you have future obligations in dollars then it makes sense to have long term dollar exposure. If you have short term naira obligations, then investing in the naira mutual funds should be fine.
It’s that time of the year again, you can call it the time of harvest, ₦2,877,000 already banked and reinvested.
While most investors focus on day to day market movements, how to miraculously double their money through buying and selling, I focus on income.
Pretty much like private credit and the fact they have the bank guarantee affords them ability to have 0.0% loss rate as they can always call on the guarantee. The banks act as a first loss and would definitely charge a good margin for this. Win win situation.
Please who taught us to say sorry when someone trips, sneezes, or experiences any incident we didn’t cause. On every occasion I say sorry, I’m asked why?