Lagos, Nigeria’s economic hub, continues to attract investments from around the world. For Nigerians in the diaspora looking to grow their savings back home, there are several solid options to consider. Here are five investment areas that are gaining attention:
Real estate investment in Lagos, particularly in Victoria Island, Ikoyi, and Lekki, remains a popular choice due to limited land availability and rising demand. Companies like Mixta Africa, UPDC Plc., and LandWey Investment Limited offer off-plan purchases and hands-on management for overseas buyers.
Government bonds, such as those offered by Afrinvest Securities Limited and Chapel Hill Denham, provide a lower-risk option for investors. Nigeria’s recent $900 million domestic U.S. dollar bond issue, which was oversubscribed by 180%, demonstrates strong demand from overseas investors.
Treasury Bills (T-Bills) are another stable option for short-term investors, available through banks like Zenith Bank and Access Bank or brokers like Meristem Securities
Mutual funds, offered by companies like Stanbic IBTC Asset Management, ARM Investment Managers, and Coronation Asset Management, provide a practical option for those who prefer hands-off investing.
Agricultural investments, facilitated by companies like Farmcrowdy, ThriveAgric, and FarmXic, offer a chance to support local food production and earn income. FarmXic’s “Farm From Anywhere” initiative allows Nigerians overseas to invest in farm projects remotely.
As one expert notes, “choosing the right, trustworthy partner is the key to seeing your money grow steadily.” With Nigeria’s growing diaspora investment opportunities, now is a strong moment to consider investing back home.
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