Best Performing Money Market Funds in Nigeria Q3 2025: Top Yields Continue Strong Momentum

Nigerian money market funds maintained exceptional performance through Q3 2025, with leading funds delivering year-to-date yields between 21% and 24%.

 As inflation moderation continues and monetary policy remains tight, these professionally-managed funds offer Nigerian investors compelling alternatives to traditional savings accounts. 

According to the latest performance data, money market funds dominate Nigeria’s mutual fund sector, combining competitive returns, liquidity, and capital preservation — a clear edge over traditional savings accounts.

Top Performing Money Market Funds in Q3 2025 

Below are the best-performing money market funds in Nigeria based on year-to-date data through Q3 2025: 

Performance Overview (Q3 2025)

Money market funds demonstrated remarkable consistency through Q3, with top performers maintaining yields above 21% despite evolving monetary policy conditions. The sector continues benefiting from the Central Bank of Nigeria's elevated policy rate environment and attractive short-term instrument yields. 

Notable highlights: 

• AIICO Money Market Fund improved performance to 22.07% YTD, securing a top-six position with ₦22.1 billion in assets, serving 2,965 investors 

• FBN Money Market Fund advanced to 21.77% YTD while managing Nigeria's second-largest money market fund at ₦525.5 billion with 16,251 unitholders 

• Coronation Money Market Fund maintained leadership with 23.74% yields, continuing its position as the top performer 

 💡 Investor insight: The stability of yields above 21% shows money market funds’ ability to deliver real, inflation-beating returns even amid tightening policies.

Fund Size vs Performance Insights 

Q3 data reveals that exceptional performance transcends fund size, with both boutique and large-scale managers delivering competitive returns: 

Large Fund Excellence: 

• ARM Money Market Fund: 21.97% yield, ₦221.1 billion NAV, 71,468 investors 

• FBN Money Market Fund: 21.77% yield, ₦525.5 billion NAV, 16,251 investors 

• Stanbic IBTC Money Market Fund: 20.08% yield, ₦1.5 trillion NAV, 192,628 investors 

Boutique Fund Success: 

• Coronation Money Market Fund: 23.74% yield, ₦28.4 billion NAV 

• Zedcrest Money Market Fund: 23.00% yield, ₦6.0 billion NAV 
  
  
• Trustbanc Money Market Fund: 22.81% yield, ₦5.1 billion NAV 

 Takeaway: Strategic fund management and portfolio allocation have a greater impact on performance than fund size alone

Want to see which of these funds best suits your goals?  Use nairaCompare’s money market fund comparison tool to view fees, yields, and minimum entry requirements side-by-side.

Investment Portfolio Composition 

Top-performing money market funds typically invest in: 

• Treasury Bills: 25-40% allocation providing secure, government-backed returns.
• Commercial Papers: 20-30% offering corporate credit exposure with higher yields
• Fixed Deposits: 25-35% delivering stable, negotiated bank returns.
• Banker's Acceptances: 5-15% for short-term trade finance instruments 

This diversified approach across high-quality, short-term instruments ensures liquidity while optimizing yields. 

Why Money Market Funds Outperform Savings Accounts 

A ₦1 million investment comparison illustrates the substantial advantage: 

• Money Market Fund (21% yield): Earns ₦210,000 annually 

• Savings Account (9% yield): Earns ₦90,000 annually 

• Difference: ₦120,000 additional annual return (133% more) 

This performance gap makes money market funds increasingly attractive for Nigerian savers seeking inflation-beating returns. 

💡 That’s ₦120,000 more per year on a ₦1M investment.

👉 See how much you can earn with nairaCompare’s return calculator

Investment Considerations for Q4 2025 

Opportunities: 

• Sustained high yields from elevated policy rates 

• Professional diversification across multiple instruments 

• Daily liquidity with competitive returns 

• Lower volatility than equity alternatives 

Key Factors: 

• NDIC insurance is unavailable (unlike bank deposits) 

• Returns are sensitive to CBN policy changes 

• Management fees are typically 1.5-2.5% annually 
• Minimum investments vary from ₦5,000-₦50,000 

Market Outlook 

Money market funds remain well-positioned as Nigeria's monetary policy committee maintains its restrictive stance. With inflation moderating to sustainable levels and treasury bill yields remaining attractive, the sector should continue delivering strong risk-adjusted returns through Q4 2025. 

Getting Started 

Ready to earn superior returns on your savings? Explore money market fund options and compare performance across leading fund managers. 

For comprehensive wealth-building strategies, review our guides on maximizing returns and investment portfolio diversification. 

Bottom Line: Q3 2025 reinforced the value proposition of money market funds, with top performers delivering yields of 21-24% while maintaining capital stability. These professionally managed funds offer Nigerian investors optimal combinations of liquidity, security, and returns that significantly exceed those of traditional savings accounts.