Last week, we shared exciting stock investment opportunities that 5Xed Nigerians money in the first 6 months of the year. Unfortunately, Google sent it to promotions and most people never got to read it. We have reshared it for those who missed it.

Today, we share a similar piece, this time about Nigerian mutual funds that doubled investors money over the first 6 months of the year.

In today’s feature piece, we share the story of what could potentially be Nigeria’s next billion-dollar opportunity.

What do sachet water and power bank rentals have in common?

Months ago, we shared the story of how before the mid-1990s, Nigerians purchased “ice water,” small portions of water tied up in transparent white nylons and sold commercially. Ice water was sold out of buckets and often bought with coins. However, this rudimentary packaging, while catering to a need, offered little to no protection against contamination.

Everything changed in 1994 when Sir Isaac Adeagbo Akinpade founded Deagbo Industries Limited (DIL) in Ibadan, Oyo State. He would pioneer Nigeria’s first sachet water production with his DIL Pure Water. This innovation coincided with and, in some instances, inspired similar developments across West Africa. What began as a response to inadequate public water infrastructure became a multi-billion naira industry that today employs millions of Nigerians.

In our latest feature, we explore how Nigerian entrepreneurs are once again turning crisis into opportunity. While the country grapples with persistent power challenges, a new generation of innovators is building rental networks for power banks and transforming the daily struggle of keeping devices charged into a thriving business model.

Why This Matters to You:

The power bank rental market is a masterclass in identifying untapped opportunities hiding in plain sight.

What You'll Discover:

• How simple rental models generate ₦100-300 per hour with minimal overhead

• Why companies like iCharge and Mobile Power are expanding rapidly across urban centres

• The exact startup costs and revenue streams for entering this market

• Strategic placement insights that drive consistent customer acquisition

• Real case studies of entrepreneurs scaling from single stations to city-wide networks

This isn't just another tech trend, it's infrastructure entrepreneurship at its finest. From shopping malls to universities, these charging stations are creating multiple touchpoints with Nigeria's 200+ million mobile users.

Whether you're seeking investment opportunities, considering franchise models or simply want to understand how successful businesses emerge from everyday problems, this deep dive reveals the blueprint behind Nigeria's latest entrepreneurial success story.

We thus invite you to read our feature piece of the week and get going.

The SimplVest Team

How Renting Out Power Banks Became a Business in Nigeria

Power bank rental services have been successfully implemented in countries like China and other parts of Asia for years. However, their adoption in Nigeria represents more than just technology transfer, it’s a localized solution to a uniquely Nigerian problem. In a country where power outages are as predictable as the sunrise, keeping mobile devices charged has become a daily survival skill.

With the electricity industry in Nigeria now deregulated and improvements expected over the long haul, power bank rental has become one of the many ways Nigerians solve their problems while they wait.

👉 Full Story here: How Renting Out Power Banks Became a Business in Nigeria

ICYMI: Top 10 Nigerian Stocks Delivering Massive Returns in 2025 and How to Invest

The Nigerian stock market has been nothing short of spectacular in 2025, with the NGX All-Share Index climbing an impressive 16.57% in just six months. This remarkable performance has translated into massive wealth creation for investors, with market capitalization expanding by over ₦13 trillion – a testament to the resilience and growth potential of Nigerian equities.

While blue-chip giants have certainly contributed to this bullish momentum, the real stars of 2025 have been mid-cap companies that have delivered life-changing returns for early investors. These companies have not only outperformed market expectations but have also demonstrated the kind of explosive growth that can transform investment portfolios.

Here’s the ones making Nigerians rich in 2025 and how to invest.

👉 Full Story here: Top 10 Nigerian Stocks Delivering Massive Returns in 2025 and How to Invest

Top 10 Mutual Funds To Invest in 2025

While individual stock picking can be rewarding, it requires significant time, expertise and risk tolerance that many investors simply don’t possess. Mutual funds shine offer a professionally managed, diversified investment solution that pools resources from multiple investors to achieve superior returns while spreading risk across various assets.

Here are Nigeria’s top 10 mutual funds that delivered massive returns for H1, 2025 and how you can get started investing in any of them.

👉 Full Story here: Top 10 Mutual Funds To Invest in 2025

Nigeria’s New Tax Rules for Startups: What Every Founder Needs to Know

Nigeria’s startup ecosystem has exploded over the past decade, but the tax system has been slow to catch up. Traditional tax rules were designed for established businesses with predictable revenues and standard operations. Startups, with their irregular income, stock-based compensation, and rapid scaling, often fell through the cracks.

The 2025 Tax Act changes this fundamentally. It acknowledges that startups are essential to Nigeria’s economic future and deserve special treatment, but only if they operate within a formal, transparent framework. The government’s message is clear: we’ll support your innovation, but we expect you to contribute to the system as you grow.

This shift represents both an opportunity and a responsibility. Startups that understand and leverage these new rules will have significant advantages, while those that ignore them risk costly penalties and missed opportunities.

👉 Full Story here: Nigeria’s New Tax Rules for Startups: What Every Founder Needs to Know

Till Next Saturday,

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