For listed Nigerian employers
Employee Share Plans for Nigerian Tech & Fintech Companies
Compete for talent on a global level. Shares Saver administers equity compensation plans for Nigerian listed tech and fintech companies — giving your best people a stake in what they build.
enrolled
held for staff
take-up
Enrolment
Staff join from their phone. KYC handled by us.
Payroll integration
One file a month, reconciled automatically.
Custody & records
Each employee on the register in their own name.
Leavers
Shares follow the person, not the payroll.
Why Tech & Fintech Companies Use Employee Share Plans
Compete with Global Tech Employers
Engineers and product managers in Nigeria receive offers from global tech companies with RSU and option packages. An ESIS gives Nigerian listed tech employers the equity compensation tool they need to compete on total reward.
Attract High-Calibre Talent
The best engineers in Nigeria have choices. An equity plan signals that your company takes compensation — and the long-term relationship with its people — as seriously as the best technology employers in the world.
Lock In Critical Contributors
Tech product development is highly concentrated: a small number of engineers and architects hold disproportionate institutional knowledge. Multi-year vesting keeps these critical contributors committed through product build cycles.
Tie Incentives to Growth Milestones
Performance share plans can be structured around MAU growth, revenue milestones, or technology delivery targets — ensuring the equity incentive for senior technologists reflects the outcomes that drive company value.
Supports Rapid Scaling
Shares Saver supports rolling enrolment for fast-growing companies. New joiners can be added at the next enrolment window. CSCS onboarding, allotment processing, and portal access are automated regardless of headcount growth rate.
Remote-Friendly Administration
Shares Saver is a fully digital platform. Employees in Lagos, Abuja, Port Harcourt, or working remotely all access the same portal. HR doesn't need to physically process paperwork for CSCS registration or vesting events.
Frequently Asked Questions
Can Nigerian tech and fintech companies run employee share schemes?
NGX-listed tech and fintech companies can operate a full ESIS under CAMA 2020 and SEC Nigeria rules. Unlisted tech companies cannot operate a standard listed ESIS, but can explore phantom share plans, option schemes, or growth share structures designed for private companies. Shares Saver focuses on administration for listed or pre-IPO companies planning to list on the NGX.
Why is equity compensation particularly important for tech and fintech companies?
Nigeria's tech talent is globally mobile — engineers, data scientists, product managers, and UX designers receive offers from European, North American, and pan-African tech employers that routinely include stock options or RSUs. A Nigerian tech company without an equity plan is competing with one hand tied behind its back. An ESIS with a vesting schedule directly addresses this.
What type of employee share plan works best for a tech company?
Tech and fintech companies typically use one or more of: a broad ESPP for all permanent staff (payroll deduction scheme); a performance share plan (PSP) or RSU scheme for senior engineers and team leads; and a separate executive equity plan for C-suite and founders-adjacent management. Shares Saver administers all three plan types.
How does a Nigerian listed tech company compare to international tech employers on equity?
International tech employers typically offer stock options or RSUs that vest over 4 years with a 1-year cliff. Nigerian listed ESIS follow a similar structure — allotments vest over 3–5 years, with leaver provisions protecting unvested awards. The key difference is that Nigerian ESIS involve NGX-listed shares, which can be sold through a stockbroker on vesting. International RSUs typically involve shares listed on NYSE or NASDAQ.
Can a Nigerian fintech company use Shares Saver if it is not yet listed?
Shares Saver's primary administration services are designed for companies whose shares are listed on the NGX. Pre-IPO companies planning to list within 12–24 months can engage Shares Saver in preparation — to design the scheme structure, draft trust deeds, and prepare for the CSCS registration and SEC notification that will be required at or after listing.
How does Shares Saver handle rapid headcount growth at tech companies?
Fast-growing tech companies need an ESIS platform that can onboard new participants efficiently as the company scales. Shares Saver supports rolling enrolment windows — new employees joining the company can be enrolled at the next available enrolment date. CSCS account opening, allotment processing, and participant dashboard access are all automated, regardless of how many new participants are added.
Related Employee Share Scheme Resources
Set Up Your Tech Company Employee Share Plan
Shares Saver provides complete ESIS administration for Nigerian listed tech and fintech companies — from SEC notification to CSCS registration to employee dashboards.
Contact Us