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Where To Buy Shares In Nigeria

Where To Buy Shares In Nigeria

Where To Buy Shares In Nigeria ?You can purchase Shares in this various places in Nigeria and nearby Bank’s or you can also purchase Share’s both online and offline in Nigeria such as Mutual Funds: Banks: Online Trading Platforms: Stockbrokers: Nigerian Stock Exchange (NSE) etc….

What is meant by Share’s ?

Shares, usually referred to as stocks or equities, signify ownership in an organization. You become a shareholder and get a stake in a firm when you purchase shares. Each share is an ownership unit that confers specific privileges and rights on the holder.

Benefit of Share’s in Nigeria ?

Shares in Nigeria come with a number of advantages for investors. The following are some major benefits of buying shares in Nigeria:

  • Exposure to the Nigerian Economy: You can take part in the expansion and development of the Nigerian economy by purchasing shares of Nigerian corporations. Your stock holdings may gain from the general economic growth as the economy grows and businesses succeed.
  • Shares of Nigerian companies are exchanged on the Nigerian Stock Exchange (NSE) and other marketplaces, giving investors access to liquidity. This enables you to convert your investments into cash when needed by making it reasonably simple for you to buy or sell your shares.
  • Voting and Ownership Rights: When you purchase shares in a corporation, you acquire certain rights and become a partial owner. Voting on significant corporate issues, such as the election of directors or the approval of significant decisions, may be one of these rights. Shareholders have the chance to take part in the company’s governance and decision-making processes.
  • Diversification of Portfolio: Buying shares enables you to diversify your investment holdings. You can lower the risk involved with having all of your investments concentrated in a single asset or industry by distributing your investments across various businesses and industries. Your portfolio may be better protected against potential losses thanks to this diversity.
  • Dividend Income: When Nigerian businesses are profitable, they frequently pay their shareholders dividends. You might get a cut of these gains in the form of dividends if you invest in shares. Dividends can be a reliable source of income and help your investment generate a profit overall.
  • Shares offer the possibility of capital appreciation, which means that the value of your shares may rise over time. The value growth of the company, which may lead to greater share prices and potential gains when you sell your shares, can benefit investors in successful companies.

It’s crucial to remember that investing in shares entails risk, and the value of shares may change depending on a number of variables. Before investing in shares in Nigeria or any other market, it is advisable to do extensive research, keep up with market and economic developments, and take your risk tolerance and investment objectives into account. It can also be helpful to seek the counsel of a certified stockbroker or other financial experts.

Where To Buy Shares In Nigeria ?

Sigma Securities Limited | Nigeria

Address: 11, Awolowo Road, Ikoyi, 6th Floor Suite 13, 100001, Lagos, Nigeria
Hours:
Open ⋅ Closes 5 pm
Phone: +234 816 334 3578

SPOTDEAL INVESTMENT LTD

Address: 8 isheri-lasu express way, opp. Oba palace, 300001, Isheri, Nigeria
Hours:
Open ⋅ Closes 6 pm
Phone: +234 909 307 8502

Investors & Trust

Address: 1st Floor Flat, 11b Military St, Lagos Island 102273, Lagos, Nigeria
Phone: +234 813 590 9445

Forexbroker.ng

Address: Royal Estate, Number 9, Royal Estate, Lasu Rd, Isheri Olofin 100268, Lagos, Nigeria
Areas served: Nigeria
Hours:
Open 24 hours
Phone: +234 703 239 6660

GlobalView Capital Limited

Address: 43 Adeniyi Jones, Oba Akran 100271, Ikeja, Lagos, Nigeria
Areas served: Ikeja and nearby areas
Hours:
Open ⋅ Closes 6 am Thu
Phone: +234 1 453 9639

ARM Securities Ltd

Address: 1 Mekunwen Road, Off Oyinkan Abayomi Dr, Ikoyi, Lagos, Nigeria
Hours:
Open now
Add full hours

Phone: +234 1 271 5002

YOCHAA

Areas served: Nigeria
Hours:
Open 24 hours
Phone: +234 803 399 5784

Sankore Investments

Address: 33B Cameron Road, Ikoyi 106104, Lagos, Nigeria
Hours:
Open ⋅ Closes 5 pm
Phone: +234 1 295 5546

NAIRAMETRIC EXCHANGE

Address: 0 Felicia Koleosho Street, off Agbaoku St, Opebi, Ikeja, Lagos, Nigeria
Phone: +234 2347064194461

Investsmall

Address: 276b Corporation Dr, Dolphin Estate 700001, Lagos, Nigeria
Areas served: Nigeria
Hours:
Open ⋅ Closes 5 pm
Phone: +234 1 453 6697

Shenbee Investments Ltd

Address: Olajire House, 3 Ilupeju Byepass, Ilupeju, Lagos, Nigeria
Phone: +234 818 318 1624

Cowry Asset Management Ltd

Address: 1319 Karimu Kotun St, Victoria Island 106104, Lagos, Nigeria
Hours:
Open ⋅ Closes 5 pm
Phone: +234 1 271 5009

Trove Finance

Address: 18b Oladimeji Alo Street off Freedom Way, Lekki, 100001, Lagos, Nigeria
Hours:
Open ⋅ Closes 5 pm

INVESTMENT TRADING ACCOUNT

Address: F92R+P4P, Odunlami St, Broad St, Lagos Island, Lagos, Nigeria
Hours:
Closed ⋅ Opens 4 pm

Parthian Securities Limited

Address: 182b Moshood Olugbani St, Victoria Island 106104, Lagos, Nigeria
Hours:
Open ⋅ Closes 5 pm
Phone: +234 1 295 7303

Wealth.NG

Address: 33B Cameron Road, Ikoyi 101223, Lagos, Nigeria
Hours:
Open ⋅ Closes 6 pm
Phone: +234 1 295 4913

mytradebook

Located in: Greenwich Merchant Bank
Address: Plot 1698A Oyin Jolayemi St, Victoria Island 106104, Lagos, Nigeria
Hours:
Open ⋅ Closes 6 pm
Phone: +234 1 631 0929

Africa Prudential Plc

Located in: United Bank for Africa
Address: 220 Ikorodu-Ososun Rd, Palmgrove 102216, Lagos, Nigeria
Areas served: Lagos
Hours:
Open ⋅ Closes 4 pm
Phone: +234 813 984 0850

Chaka Technologies

Located in: Vigeo Holdings
Address: 6 Osborne Rd, Ikoyi 106104, Lagos, Nigeria
Areas served: Nigeria
Hours:
Open ⋅ Closes 6 pm
Phone: +234 701 120 4586

Central Securities Clearing System Plc

Address: 2/4, Customs Street, Marina Rd, 100001, Custom St, Lagos Island 102272, Lagos, Nigeria
Hours:
Open ⋅ Closes 4 pm
Phone: +234 700 2255 2727

Frequently Asked Question About Share’s in Nigeria ?

Here are some frequently asked questions (FAQs) about shares in Nigeria:

Do I require a stockbroker in order to purchase shares in Nigeria?
To purchase and sell shares on the Nigerian Stock Exchange, you do indeed need a stockbroker. Stockbrokers serve as a bridge between investors and the stock market and are registered with and subject to regulation by the Securities and Exchange Commission (SEC).

What are the dangers of purchasing shares in Nigeria?
Stock investing involves risk. Share prices are subject to fluctuations, and if they fall, you could lose money. Share prices can be impacted by the state of the economy, market turbulence, company-specific elements, and regulatory changes. Before investing in shares, it’s critical to evaluate your risk tolerance, diversify your holdings, and carry out extensive research.

What sets the main market apart from the secondary market?
The original share issuance by a company when it goes public, as well as any additional shares it offers through an IPO or another public offering, are referred to as the main market (SPO). Investors trade previously issued shares on the secondary market, which includes the Nigerian Stock Exchange. In order to purchase shares on the primary market, you must go straight to the issuing

How do I decide which shares to purchase?
It takes investigation and study to decide which stocks to purchase. Think at elements including the company’s financial performance, market forecast, management, competitive edge, and growth possibilities. To make wise investment choices, you can also speak with financial experts, review company data, and examine market trends.

In Nigeria, how do I sell my shares?
You can submit a sell order to your stockbroker or online trading platform to sell your shares. The shares will be transferred from your account to the buyer’s account after the sell order is carried out, and you will also get the sale’s earnings.

How do dividends work?
Dividends are sums of money given to shareholders from a company’s profits. Businesses have the option of making dividend payments on a regular basis, usually quarterly or yearly. Investors may be able to generate revenue from their shareholdings through dividends. However, not all businesses do, and management of the business has the final say on whether to pay dividends.

The Nigerian Stock Exchange (NSE) is what, exactly?
The main stock exchange in Nigeria is the Nigerian Stock Exchange (NSE). It offers a trading platform for shares and other instruments. The Securities and Exchange Commission (SEC) regulates the NSE, which functions as a self-regulatory body that monitors the operations of listed corporations and stockbroking firms.

How can I purchase stocks in Nigeria?
You must either utilize an online trading platform or open a trading account with a licensed stockbroker in order to purchase shares in Nigeria. Once your account is set up, you can use your stockbroker or the trading platform to place buy orders for shares listed on the Nigerian Stock Exchange (NSE).

It’s crucial to note that the material presented here is for informative purposes only. For personalized investment advice tailored to your unique situation, it is advised to speak with financial experts or registered stockbrokers.

Source…scoutafrica.net

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