EARN FROM GTBANK MONEY MARKET FUND
If you have surplus funds that you do not need immediately, investing in GTMMF could be a reasonable way to earn more than a basic savings account, while taking lower risk than going into stocks.
If you invest say ₦1,000,000 (one million Naira) and the fund yields ~10%-20% (depending on current market environment) you could expect ₦100,000-₦200,000 in a year (gross) under favourable conditions. Using lower yield (~7%) you’d expect ~₦70,000.
Because inflation in Nigeria is often high, you should check whether the real return (return minus inflation) is positive. If inflation is say 20% and your fund return is 7%, your purchasing power may actually drop.