What is the interest on money market fund?
Today, some money market funds earn a yield of 0.00% while the highest paying funds yield no more than about 0.10%. Low yields have presented challenges to investors looking to earn income from cash.
How do you contact your arm?
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- CALL US TOLL FREE. 01-2715002 or 0700CALLARM.
- CORPORATE ADDRESS. Asset & Resource Management Holding Company (ARM), 1 Mekunwen Road, Off Oyinkan Abayomi Drive, P.O. Box 55765, Ikoyi, Lagos.
- EMAIL. For enquiries: [email protected]. For complaints: [email protected].
How does money market work in Nigeria?
Generally, the term 'money market' encompasses all forms of short-term lending and deposits, including savings and time deposits with commercial banks, but for the purpose of this paper on the Nigerian money market, it is taken strictly as trading in direct debt instrument, to the exclusion of intermediated debt ...