Nigerians don’t need a lecture on inflation or currency devaluation; they live it. From food to fuel, rent, and even mobile data, the cost of everyday life seems tied more to the US dollar than the naira. Every dip in the currency and unpredictable policies have made it harder for Nigerians to preserve wealth locally, let alone grow it.  

The question now is, how do you protect your money and actually grow it in this economy? 

For a growing number of Nigerians, the answer lies in Dollar-denominated assets, i.e., investments that earn returns in US dollars instead of naira. These assets can help you hedge against naira volatility, gain exposure to global markets, and diversify your portfolio with more stable, long-term options. 

But what exactly are dollar investments, and how can the average Nigerian tap into them? In this guide, we’ll walk you through the essentials and show how Zedcrest Wealth makes it simple to start investing in dollars and build lasting wealth. 

 

Why Bother with Dollar Investments? 

Let’s be honest: saving in naira feels like a struggle.  

Prices rise, the exchange rate changes overnight, and a year’s worth of hard work can be wiped out by currency devaluation alone. If your financial goals are priced in dollars (e.g., funding education abroad, travel, healthcare, or retirement), then it makes sense to earn returns in that currency, too. 

Dollar investments give you two advantages: 

  • They protect your purchasing power: When the naira weakens, your dollar-denominated returns retain or even increase in value when converted back. 
  • They provide access to stronger, more stable markets: The US financial system, for example, is home to some of the world’s most valuable companies and most reliable debt instruments. 

So, whether you’re looking to grow wealth or preserve capital, USD-based investments help you stay a step ahead. 

 

What Exactly are Dollar-denominated Assets? 

A dollar-denominated asset is any investment priced in US dollars that also delivers returns in dollars. These include: 

  • US stocks 
  • Eurobonds (USD-denominated bonds issued by governments or companies) 
  • USD mutual funds and money market funds 
  • Foreign currency deposits (like domiciliary accounts) 

The main appeal for Nigerian investors is hedging local risk. Rather than holding all your investments in naira, which is prone to devaluation, you can allocate a portion of your portfolio to dollar-based assets. That way, even if the naira weakens, your investment doesn’t lose value, and it may actually gain in naira terms. 

So, what kind of dollar-denominated investments should you consider? Let’s take a closer look at the two most popular entry points: US stocks and Eurobonds. 

 

What Are US Stocks? 

The US stock market is one of the most mature, liquid, and well-regulated financial markets in the world. It’s home to some of the biggest companies globally, such as Apple, Microsoft, Google, Nvidia, Amazon, and more. 

When you invest in US stock, you buy a share of a business. If the company grows, so does your investment. You also stand to earn dividends, which are portions of profit paid out to shareholders. 

The US stock market is attractive to Nigerians for the following reasons: 

  • Returns are in dollars. 
  • Exposure to global tech and consumer giants shaping the future. 
  • Diversification beyond local market risks. 
  • Long-term performance and capital appreciation. 

How to Invest in US Stocks 

You don’t need to be a stock market expert or live abroad to get started. With Zedcrest Wealth, you can invest in US stocks from Nigeria with ease. All you need to do is 

  • Fund your account in Naira and convert it to dollars within the app. 
  • Buy fractional shares, starting as low as $10. 
  • Access curated portfolios and expert support. 
  • Track your holdings in real-time. 

And yes, it’s regulated. Zedcrest Wealth operates under Nigerian investment guidelines and gives you access to global markets from anywhere. 

 

Eurobonds: Fixed Income Paid in Dollars 

Now, what if you’re not the high-risk type? If you prefer something more stable than stocks, Eurobonds offer a reliable path to steady income and capital preservation. 

Despite the name, Eurobonds have nothing to do with Euros. They’re simply bonds issued in a foreign currency (usually USD) by a government or company outside the United States. 

For example, the Nigerian government and large corporations like MTN or Access Bank issue USD-denominated bonds that Nigerian investors can buy. When you purchase these bonds, you lend money to the government or corporations. In return, they pay you interest in dollars (typically every six months) and repay the full amount at maturity. 

This type of bond is called a Nigerian Eurobond. 

Eurobonds offer advantages like: 

  • Predictable returns (usually between 6–12% annually) 
  • Payouts in US dollars 
  • Lower volatility than stocks 
  • Liquidity, since many bonds can be resold before maturity 

How to invest in Eurobonds 

You can invest in Eurobonds directly or, more easily, through a dollar mutual fund. 

Because researching and purchasing individual Eurobonds can be complex, most investors prefer professionally managed access.  

Zedcrest Wealth offers access through its professionally managed Zedcrest Dollar Fund, which pools investor capital and allocates it across sovereign and corporate Eurobonds. 

Here’s what you get: 

  • Instant diversification. 
  • Professional asset management. 
  • Competitive returns (~10–12% in recent years). 

Also, with a minimum investment of just $100, it’s designed to be accessible to a wide range of Nigerian investors. 

US stocks and Eurobonds serve different roles, but together, they form a balanced strategy for investing in dollar-denominated assets: 

  • US stocks help you build long-term wealth through growth and innovation 
  • Eurobonds give you income, stability, and reduced exposure to market swings 
  • Both are priced in USD, helping protect against naira depreciation 

And with Zedcrest Wealth, you don’t need to open offshore accounts, manage foreign paperwork, or convert currency manually. You simply move naira into the app, convert it to dollars, and allocate your funds. 

Conclusion 

If you’re serious about growing and protecting your wealth, especially in an economy like Nigeria’s, it’s time to start thinking in dollars. With US stocks, Eurobonds, and a growing suite of dollar-denominated options, you can stop reacting to economic uncertainty and start building with purpose. 

The best part? You don’t have to figure it all out on your own. 

Zedcrest Wealth makes it easy to invest globally, grow in dollars, and stay in control of your financial future. 

Ready to start building your dollar portfolio? Download the Zedcrest Wealth app and create an account today.