If you are looking for the best investment platforms in Nigeria that can help you grow financially, then check out our top 7 legit investment platforms in Nigeria 2024.
Most of these platforms are licensed by the government and insured by approved bodies to serve as savings as well as online investment platforms in Nigeria.
Many of them, though are online but also have physical locations where you can work in to make inquiries if you want to.
You can invest in different portfolios as well as enjoy high-yield savings for those that might want to save rather than invest.
However, many of the investment platforms have differences in ROI. For some, you can earn up to 25% while for others less, depending on the platform and portfolio you are investing in
The reality remains that you should consider the risk of any company carefully before investing.
Below, we are going to look at the best investment platforms in Nigeria you can leverage today
Best Investment Platforms in Nigeria
Piggyvest is an online platform that helps people save and invest money to meet their goals.
As of today, they have grown to become one of the best when it comes to high-yield savings and genuine investment platforms.
They are legit and registered with CAC under Piggyvest Cooperative Multipurpose Society Ltd.
However, to further enhance trust issues, all funds are warehouse and managed by Aiico Capital, a leading asset management company licensed by the SEC.
Through Piggyvest, you can make money through savings, Investment, and referral bonus programs.
Their investment options offer up to 25% ROI per annual and up to 13% on fixed deposit
To get started with the Investment option, your bvn, valid phone number or email will be required.
You will also need at least 5,000 Naira to get started with investment and 500 Naira for savings.
However, the more money you invest, the more the return on investment.
To fund your Piggybank, you can do so through your debit card or bank transfer.
And for withdrawal, you can do so directly to your bank account.
Physical Address: Tesmot House, 3 Abdulrahman Okene Close, Off Ligali Ayorinde St, Victoria Island, Lagos
Carbon is one of the legit online investment platforms in Nigeria with robust financial solutions.
They offer individual credit, run as payment solutions, and offer investment opportunity
Currently, Carbon is one of the most legit and trusted investment platforms. They are licensed by the central bank of Nigeria.
All customer funds are managed by One Finance and Investment Ltd which are both licensed and regulated by CBN
You can make money on Carbon through their high-yield savings platform, payment solution, and investment opportunity.
The interest rate on investment can be up to 16%
You can run and set your Savings and investment plans automatically through their intuitive app.
Carbon Address: Plot 642C Akin Adesola Street, Lagos, Nigeria
Bamboo is one of the best investment platforms that offer customers access to buy and sell stocks in the U.S. Market.
The platform gives you unrestricted access to over 3,000 stocks on the U.S. stock exchange from the comfort of your home.
Bamboo is a very legit company, they have partnerships with companies that are registered and regulated by the Nigerian Securities and Exchange Commission.
All Bamboo investments are overseen by Securities Investment Protection and all accounts are insured up to the tune of $500,000 by FDIC
On Bamboo, you can buy any stock with any amount you wish but you will first need to have money in your Bamboo wallet with which you can start investing in Fixed Returns or stocks.
The minimum amount you can deposit in your wallet is $10.
For payment options, they accept Master and Visa cards as well as bank transfers both in Naira and dollar currencies.
Physical Address: Plot 1 Block 22 Babatunde Anjous Avenue, Lekki Phase 1
Risevest is a digital dollar asset manager that connects Nigerians to foreign investments like Fixed Income, US Real Estate, and US Stocks.
Through Risevest, you can invest in globally denominated assets and earn up to a possibility of 41% interest per annum.
Their major assets include Real Estate, Fixed Income, and Stocks.
Your funds are secured and further managed and monitored by ARM Trustee Ltd
To get started with RiseVest, you need at least $10, thereafter, you choose a plan and set a duration.
All stock investments are insured up to the tune of $500,000 by the U.S Securities Investment Protection Corporation (SIPC)
As a customer with RiseVest, you get free expert financial advice on your investment.
Physical Address: Block D 5, Jacob Mews Estate, 21 Adebisi Street, Yaba, Lagos
Trove is one of the legit online investment platforms in Nigeria that allow its users to invest in US, Chinese and Nigerian stocks, bonds, exchange-traded funds, and other securities with the help of a smartphone.
All Trove investments are held and managed by Sigma Securities Ltd and ARM securities Ltd, both of which are SEC-licensed regulated brokerage firms.
And for that of the US Dollar investment accounts, are held by Drive Wealth, a FINRA-regulated brokerage firm
To get started, a deposit of at least $10 is needed alongside a valid license, utility bill, and your BVN
They have more than 4,000 stocks in Trove that range from US stocks, Chinese stocks to Nigerian stocks
As a Trove user, you have the option to invest via Naira or Dollar
While Naira wallets are used for investing in local Nigerian stocks, Dollar wallets are used for investing in foreign stocks.
To help you with investing, Trove has a trending stocks chart to help anyone who cares to learn how to trade
Through their app, you can also learn indicator stocks that are trending in the news, social media, etc
Physical address: 18B Oladimeji Alo Street, Off Freedom Way, Lekki Lagos
Chaka is an investment platform in Nigeria that offers access to investing in Nigeria and the US Stock Exchange as well as other Securities.
With over 4000 Dollar assets, you choose and invest in stocks, bonds, ETFs,s and other assets from the US, UK, Nigeria, and China among others.
Chaka is a legitimate investment company that can be trusted. They have a license to operate with the Securities and Exchange Commission of Nigeria (SEC)
All of their Local assets are regulated by the Nigerian Stock Exchange and Central Securities Clearing System (CSCS) while their Dollar assets are regulated by US FINRA and US SEC and insured up to the tune of $500,000 by SIPC.
To start trading in local and foreign stock with Chaka, you will need at least $10
Chaka happens to also have some of the world’s best stocks like Apple, Google, Netflix, Alibaba, Tesla, etc.
You can track returns on investment purchases through Chaka.
Physical Address: No 6, Osborne Road, Ikoyi, Lagos
Cowrywise is no doubt, a top-notch investment platform in Nigeria that offers the opportunity for investors to invest in Naira or dollar Mutual funds
They are legit and a registered FinTech company. They also have a team of investment professionals who invest savers’ funds in various financial instruments and manage these funds with the sole purpose of getting optimum returns for customers.
With Cowrywise, you can start investing with as little as 1,000 Naira and you can decide to automate your investment
To get started, a valid email, phone number, and BVN is required
You can use your debit card or bank transfer to fund your wallet
You can invest for as long as you want but interest percentages are calculated per annum.
Through their easy-to-use app, you can measure your investment progress thereby helping you make better decisions.
On maturity, you can withdraw your investment fund instantly to your local bank.
To ensure the safety of all invested funds, investments are done on risk-free instruments, and the funds are held by Meristem Trustees, a company registered with The Security and Exchange Commission (SEC) on behalf of savers.
Physical Address: 5C Rev.Ogunbiyi St, Ikeja GRA 101233, Ikeja
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Investing your money in a high-yield savings account or investment portfolio is a guaranteed way to grow your income.
Even though there are risks attached, it is still minimal.
Usually what every investor wants is an easy investment process that encourages continuous investing and assures users of taking worthwhile risks
Which I believe this online investment platform in Nigeria can provide.
Irrespective of your status whether individual, expert, or beginner, the platform allows you to start investing almost immediately and have control of trading with your phone..
However, if you are a beginner and don’t want to take the risk, you can play safe by investing through savings portfolios that guarantee high interest. This way you are sure of a safe investment.
These platforms can indeed help you achieve financial freedom.