A detailed look at how Shares Saver protects your money and your shares — regulated execution, direct registration, account security, and data protection.
If you are considering Shares Saver as your Nigerian investment app, it is reasonable to ask: is it safe? Here is a detailed answer — covering how your shares are protected, how your money is handled, and what security controls are in place.
The most important safety feature of Shares Saver is structural: your shares are registered directly in your own legal name. This means they do not exist as a balance inside Shares Saver's systems. They are registered on the official share register, with a regulated Nigerian stockbroker and the relevant registrar, in your name.
This is significant. If Shares Saver were to cease operations, your shares would still exist — on the register, in your name — and would remain accessible through your broker. Your ownership does not depend on Shares Saver remaining solvent.
Shares Saver is not a stockbroker. Every share purchase is executed by regulated stockbroker partners licensed to trade on the Nigerian Exchange Group (NGX). These brokers are subject to the same regulatory oversight as any professional Nigerian broker.
Regulated broker execution means your trade follows the same legal and compliance framework as any professionally managed Nigerian stock purchase.
All investors complete a full Know Your Customer (KYC) process before any purchase is made. This is required by Nigerian financial regulations and protects both you and the integrity of the ownership records.
Your account is protected with strong authentication and session management controls. All data — personal information, financial records, ownership documentation — is stored and transmitted using industry-standard encryption in line with applicable data protection standards.
All charges are disclosed in full before you confirm any plan or transaction. There are no hidden fees. Understanding exactly what you pay is part of the Shares Saver commitment to transparency — which is itself a form of protection for investors.
Understanding the limits of Shares Saver's role is also important:
Read the full breakdown of how Shares Saver protects your Nigerian stock investments.
Safety & Security Page