Parthian Capital Limited has introduced two new investment funds aimed at driving Nigeria’s economic growth and supporting President Bola Tinubu’s vision of transforming the country into a $1 trillion economy by 2030.
The newly launched Parthian Money Market Fund and Parthian Dollar Fixed Income Fund were unveiled at a high-profile event in Lagos, reflecting the company’s commitment to providing innovative financial solutions that foster sustainable economic development.
Speaking at the launch, Group Managing Director of Parthian Group, Oluseye Olusoga, emphasized the vital role of the capital market in national growth.
“The capital market is the backbone of Nigeria’s economy. Our new funds are designed to create long-term value and protect wealth for a broad spectrum of investors—retail, high-net-worth, and institutional alike. By offering these financial tools, we aim to drive sustainable growth and wealth creation,” he said.
Parthian Group Chairman, Adedotun Sulaiman, reinforced the importance of capital in economic expansion, stating that Nigeria’s biggest challenge is not a lack of development potential but insufficient capital to unlock growth opportunities.
“Capital is the oxygen of the economy. Without it, we can’t go far. Nigeria is a classic case of an undercapitalized economy,” Sulaiman noted. “President Tinubu has set a bold target of achieving a $1 trillion economy by 2030. While ambitious, we believe it is achievable. Our goal at Parthian Capital is to contribute to this effort by mobilizing the capital needed to drive transformation.”
Acting Managing Director of Parthian Capital Limited, Ms. Ibilola Ashcroft, expressed enthusiasm about the new investment products, highlighting their strategic benefits for investors.
“We are thrilled to introduce these funds, which are structured to provide secure, dependable, and diversified investment solutions aligned with our clients’ financial goals,” she said. “The Parthian Money Market Fund is designed to offer competitive returns with minimal risk, allowing investors to optimize their portfolios safely. Meanwhile, the Parthian Dollar Fixed Income Fund enables investors to diversify with dollar-denominated securities, providing a hedge against naira depreciation while ensuring attractive returns.”
The Parthian Money Market Fund offers a low-risk, open-ended investment option focused on capital preservation and steady income generation. On the other hand, the Parthian Dollar Fixed Income Fund is tailored for investors looking to protect their wealth in foreign currency while securing stable returns.
With these new financial instruments, Parthian Capital aims to empower investors while playing a critical role in Nigeria’s journey toward becoming a trillion-dollar economy.