Nigerian Money Market Calculator
Estimate values for Nigerian money market funds in naira using an opening balance, monthly top-ups, duration and annual yield. Results are illustrative estimates, not returns promised by any fund.
Total Contributed
₦1,100,000Estimated Gross Interest
₦150,170WHT Deducted (10%)
₦-15,017Estimated Net Interest
₦135,153An illustration using the figures you entered, for education only — not financial, investment or tax advice. Real returns depend on prices, fees and tax at the time.
How This Money Market Estimate Is Calculated
FV = P × (1 + r)ⁿ + C × [(1 + r)ⁿ − 1] / r × (1 + r)Illustrative gross value before WHT
Opening balance in naira
Optional naira top-up added at the start of each month
Annual yield input divided by 12
Duration selected in months
Questions
Frequently Asked Questions
Then what
Turn the numbers into a plan
Model the outcome here, then let Shares Saver buy NGX-listed shares with the monthly amount — registered in your name, from ₦10,000 a month.
Best way to start investing with a small amount
How to begin investing consistently without waiting for a lump sum.
ReadHow to buy shares in Nigeria
A step-by-step walkthrough for first-time investors.
ReadHow dividends work in Nigerian stocks
How dividend income fits into long-term wealth building.
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