In the first quarter of 2026, smaller equity mutual funds outperformed Nigeria's biggest fund managers, reporting returns of up to 52 percent as investors' gains were boosted by the general stock market rally.
Away from daily NGX volatility, mutual funds are emerging as a strong alternative for equ
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Ayomide Odunlami
Ayomide Odunlami is a Tax Reporter at BusinessDay, covering Nigeria’s tax reforms, compliance trends, and government revenue strategies. She reports on how evolving tax policies affect businesses, investors, and the broader economy, providing clarity on complex regulatory issues through data-driven journalism.
