Interest rate movements and investors expectations have generated opportunities for the money market fund instruments.
The hawkish stance maintained by the monetary authority spurred an uptrend in yields in the Nigerian money and fixed income market in 2024.
Market rates have been on a rise since last year with the one-year Treasury bill yielding 25 percent and that of Commercial Papers have also hovered near 28-30 percent
This has spurred investors' interest into the market, however left out retail investors.
In a BusinessDay surve