Have you thought of buying shares in Nigeria and the apps you can possibly use in doing that?
Several near-impossible or unpleasant tasks have been made easy and flexible because of technological advancements. We can do so much from the comfort of our beds, with a phone in hand. Paying bills, shopping, and even buying and investing in stocks are all things that you can do online.
MTN’s ongoing proposal to sell 575 million shares to the Nigerian public piqued the interest of many Nigerians interested in various investment opportunities. The requirement to select the finest investment applications from a large pool of candidates has grown.
Here are the best 10 apps for buying shares in Nigeria for novices who are hesitant to use investment applications.
1. Primary Offer App by NGX
Nigerian Exchange Limited (NGX) launched the primary offer app as a digital tool for investors to interact with the Nigerian market. You can simply buy sections of MTN shares using the Primary Offer App.
You can buy a minimum of 20 shares through the POA, with each share unit costing only 169 dollars. That implies you could acquire 20 MTN shares for just $3,360.
Trove is an investment app that allows you to buy equities in the United States, China, and Nigeria. You can invest as little as 1000 Naira with the Trove app because it has a flexible investment rate.
Trove features significant Nigerian companies like Jumia, Dangote cement, and even worldwide brands like Netflix and Microsoft, and guarantees smooth and reliable transactions.
Wealth.ng is an investment platform that allows you to invest in overseas stocks in any currency you like. Investments in real estate and agriculture are featured on Wealth.ng.
You can obtain annual investment rates with its fixed-income function for as long as you hold the assets. With the real estate plan, you can purchase real estate shares for as low as 10,000 Naira and earn an annual interest rate of over 18 percent.
4. Bamboo Invest
Bamboo is one of Nigeria’s top investment apps. It provides customers with unrestricted access to over 3,500 equities listed on the Nigerian Stock Exchange and the New York Stock Exchange.
Bamboo’s two-factor authentication and verification method provides high-security protection for all accounts. It is adaptable because it accepts Naira and Dollars as payment methods.
Piggyvest is a savings and investing platform that allows you to save and earn money at the same time. Piggyvest allows you to lock monies that you don’t want to spend while earning 13% interest on a portion of your savings for a certain length of time.
It also gives you the option of focusing your savings on multiple objectives. Piggyvest’s investing plan allows you to earn a minimum of 25% interest on your money.
6. Payvest by Carbon
Carbon, which started out as a loan app, now offers simple loans to individuals. Payvest, a carbon-based investment app, is also available. Payvest offers investment options ranging from 10,000 Naira to 10 million Naira, with interest rates as high as 16 percent.
Through the app’s easy layout, you can quickly track your spending and investments from the dashboard. Payvest requires a minimum investment of 100 Naira and allows users to withdraw and fund their accounts at any time.
Nigerians can use the Rise investment platform to access overseas investment possibilities from the comfort of their own homes. Despite the fact that all investments are made in dollars, when translated to Naira, the rewards are higher. The Rise app also allows you to trade US equities and Euro bonds.
Afrinvest is a Nigerian-owned investment platform that specializes in asset management and security banking. Afrinvest allows you to trade Nigerian stocks online and provides live equities and trading, allowing you to observe real-time share prices. On its web interface, you can trade fixed and equities investments.
The I-invest mobile app is an investment platform that does not require the use of a broker. Its user-friendly layout makes it simple to keep track of investments, such as Treasury Bills and Eurobonds. You can create an account in less than 5 minutes thanks to its simple signup process. A debit card can be used to finance an I-invest account.
Chaka is an investment app that allows users to trade in local and worldwide equities in over 40 countries around the world. Its user-friendly dashboard makes it simple to keep track of investments. It also has a calculator that may be used to compute investment shares and pricing.
Its ability to assist customers in investing in both domestic and international equities without restrictions makes it a popular investment platform.