From creating an account to owning Nigerian shares directly in your name — a full walkthrough of the Shares Saver investment app process.
Shares Saver is a Nigerian investment app built around one goal: helping investors buy and own Nigerian stocks directly in their own name through a regular savings plan. Here is a full step-by-step walkthrough of how it works — from signing up to receiving your first shareholding.
Register on the Shares Saver app or web platform. You will need a valid Nigerian identity document, a Bank Verification Number (BVN), and a bank account for funding your savings plan.
All investors complete a Know Your Customer (KYC) identity verification process before any purchases are made. This is required by Nigerian financial regulations and ensures your shareholding is correctly documented in your legal name.
Choose the Nigerian company you want to invest in and set your regular monthly contribution amount. Your savings plan defines how much you will contribute each month and which NGX-listed company you are targeting.
Fund your savings plan each month. Your contributions accumulate in your account until they reach the threshold required to execute a share purchase.
When your savings plan reaches the purchase threshold, Shares Saver instructs one of its regulated stockbroker partners to buy shares on your behalf on the Nigerian Exchange Group (NGX). Shares Saver itself is not a broker — all trades are executed by licensed broker partners.
The regulated broker executes your purchase on the Nigerian Exchange, following all NGX rules and settlement procedures.
Ready to start? Create a free Shares Saver account and follow the same step-by-step process to own Nigerian shares in your name.
After settlement, the shares are registered directly in your legal name. Your name appears on the share register for that company. This is not a nominee arrangement — you are the legal owner of record.
Your Shares Saver portfolio is updated to reflect your new shareholding. You can track your investment, review contributions, and monitor your holdings through the app or web platform.
As a registered shareholder, you are entitled to any dividends declared by the company based on your holding as of the relevant record date. You continue to own the shares independently of the Shares Saver platform.
Shares Saver instructs SEC-registered Nigerian stockbroker partners to execute all share purchases on the NGX. Shares Saver itself is not a broker — it is an investment platform that works with licensed brokers.
Yes. Shares purchased through Shares Saver are registered directly in your own legal name via the Central Securities Clearing System (CSCS). Your name appears on the company's share register.
Because your shares are registered in your own name via the CSCS, they remain yours regardless of the platform's operational status. You can transfer them to any other SEC-registered broker at any time.
Shares are purchased when your accumulated savings plan contributions reach the threshold required to execute a trade. The frequency depends on your monthly contribution amount and the current share price.
Yes. Uninvested funds in your savings plan account can be withdrawn before they are used to execute a share purchase. Contact Shares Saver support to request a withdrawal.
Create a free Shares Saver account and start buying Nigerian stocks directly in your name.