True Legal Ownership
Your name is on the share register. This is legal ownership of shares in a specific company, not a contractual claim on an app balance.
Direct Share Ownership in Nigeria
When you buy shares through Shares Saver, they are registered directly in your own name through regulated Nigerian stockbrokers — not pooled in a fund, not sitting as a balance inside an app.
The key difference is whose name appears on the share register.
Select from the companies available on the Shares Saver platform. These are Nigerian companies listed on the Nigerian Exchange Group (NGX).
Your purchase request is relayed to one of our regulated stockbroker partners, who are licensed to execute trades on the Nigerian Exchange.
The broker buys shares at market price. The transaction is subject to all standard NGX exchange controls and broker regulations.
Following settlement, the shares are registered directly in your legal name with the relevant registrar — not in a collective pool and not under any nominee name.
Your shareholding is recorded and accessible through your Shares Saver account and directly with the relevant broker and registrar.
In Nigeria, securities are held and settled through the Central Securities Clearing System (CSCS) — the country's official central depository for equities. Every investor is issued a unique Central Holding Number (CHN), which is your permanent identifier on the share register. When Shares Saver registers your shares in your name, they are recorded under your CHN in CSCS — giving you a legally verifiable claim to those specific shares, independent of any app or platform.
Your name is on the share register. This is legal ownership of shares in a specific company, not a contractual claim on an app balance.
As a registered shareholder you are entitled to dividends declared by the company, paid according to your registered holding.
Because your shares are registered with the broker and registrar in your name, they cannot simply disappear if a digital platform shuts down.
Direct ownership is a proven foundation for building long-term wealth through compound growth, dividends, and share price appreciation.
Direct share ownership means the shares you buy are registered in your own legal name on the share register, not held in a collective fund or on your behalf by a nominee company.
In a fund or ETF you own units in a pool of assets, not the underlying shares themselves. With direct share ownership you hold actual shares in specific companies, registered in your name.
Shares Saver coordinates your purchases through regulated stockbroker partners who execute trades on the Nigerian Exchange (NGX). The resulting shares are registered directly in your name with the appropriate registrar.
Your shareholding is recorded with the relevant broker and registrar in your name. You can access ownership documentation through your Shares Saver account.
Because your shares are registered in your own name and held through regulated brokers, they remain yours. You can access and manage them directly through your broker.
The Central Securities Clearing System (CSCS) is Nigeria's official central depository for equities. When shares are purchased on the NGX, settlement and registration are processed through CSCS. Your shares are recorded under your name, providing an authoritative legal record of your ownership.
A Central Holding Number (CHN) is a unique investor identification number issued by CSCS. It links all your Nigerian equity holdings to your identity across brokers and registrars. Shares Saver coordinates CHN registration as part of onboarding so your shares are correctly registered in your name.
Standard settlement on the NGX follows a T+3 cycle — trades settle three business days after execution. Registration in your name through CSCS follows the settlement process.
Yes. The framework is regulated by the Securities and Exchange Commission (SEC Nigeria) and the Nigerian Exchange Group (NGX). Stockbrokers must be licensed by SEC Nigeria, and CSCS operates under regulatory oversight.
If your shares are currently held in a nominee or pooled arrangement, transferring them to direct registration is typically possible through a formal process involving a licensed stockbroker. Contact Shares Saver for guidance on your specific situation.
Yes. As a registered shareholder you are entitled to dividends declared by the company. Dividends are paid to shareholders recorded on the register at the dividend record date.
In a nominee arrangement, a third party holds the shares in their name on your behalf. With direct registration, your own name appears on the share register and in CSCS — making you the legally recognised owner without dependence on any intermediary maintaining that status.
Use the Shares Saver investment app to buy NSE-listed stocks directly in your own name.