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Shares Saver is powered by Crown Capital Limited, a stockbroker registered and regulated by the Securities and Exchange Commission (SEC) of Nigeria. All securities transactions, including the purchase and sale of shares, are carried out through Crown Capital Limited. Shares Saver does not make any recommendations to buy, sell or otherwise deal in investments. Investors make their own investment decisions. The services and securities provided by Shares Saver may not be suitable for all customers and, if you have any doubts, you should seek advice from an independent financial adviser. The value of investments can go up as well as down and you may receive back less than your original investment.

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  3. How to Buy Shares in Nigeria

Beginner's Guide

How to Buy Shares in Nigeria

A complete step-by-step guide for Nigerians who want to invest in the Nigerian Exchange Group (NGX) and own shares directly in their own name.

How It Works

What You Need Before You Start

To buy shares in Nigeria, you need three things in place before opening an account.

🪪

BVN (Bank Verification Number)

Your BVN is required to verify your identity as part of KYC regulations. All Nigerian bank account holders have one.

🏦

Nigerian Bank Account

A Nigerian bank account is needed to fund your investments and receive any dividend payments.

📱

An Investment Account

You need an account with a SEC-regulated platform. With Shares Saver, you can open one free online — no broker visit required.

Step-by-Step: How to Buy Shares in Nigeria

From signing up to holding shares registered in your own name.

  1. 1

    Create your free Shares Saver account

    Register online or via the mobile app. Enter your name, email address, and phone number. Registration is free and takes a few minutes.

  2. 2

    Complete identity verification

    Submit your BVN and a form of ID. Shares Saver verifies your identity in line with SEC and CBN KYC requirements. A CSCS account is created in your name as part of this process.

  3. 3

    Choose a Nigerian company to invest in

    Browse NGX-listed companies available on the platform — from Dangote Cement and Zenith Bank to MTN Nigeria and Seplat Energy. Select the stock you want to own.

  4. 4

    Set a monthly savings plan and fund your account

    Decide how much you want to save each month toward your share purchase. Add funds from your Nigerian bank account. Shares Saver tracks your progress toward the purchase amount.

  5. 5

    Shares are bought and registered in your name

    When your savings reach the target, Shares Saver instructs its regulated stockbroker partner to purchase the shares on your behalf. They are registered directly in your legal name via CSCS.

Why Shares Registered in Your Own Name Matter

You Are the Legal Owner

When shares are registered in your name through CSCS, you are the legal shareholder — not the platform or a nominee. This means dividends, bonuses, and rights issues come directly to you.

No Counterparty Risk

Because your shares are held in your own CSCS account, they are not at risk if Shares Saver were to close. Your ownership is independent of the platform.

Receive Dividends Directly

Dividend payments from NGX-listed companies are credited directly to your Nigerian bank account. No waiting for a platform to redistribute funds.

Transfer or Sell on the Open Market

Shares in your own CSCS account can be sold or transferred through any SEC-regulated stockbroker in Nigeria — you are not locked into a single platform.

Ready to Buy Your First Shares in Nigeria?

Open a free account today and start building a portfolio of Nigerian stocks registered directly in your name.

See Fees & Pricing

Common Questions About Buying Shares in Nigeria

How do I start buying shares in Nigeria?

To buy shares in Nigeria, you need a BVN, a Nigerian bank account, and an account with a SEC-regulated platform. Open a free Shares Saver account online, complete identity verification, choose a stock listed on the NGX, and start saving towards your first purchase.

Do I need a CSCS account to buy shares in Nigeria?

Yes. A CSCS account is required for shares to be registered in your name. When you use Shares Saver, a CSCS account is created automatically on your behalf during registration.

Do I need to visit a stockbroker's office?

No. Through Shares Saver, everything is handled online. Shares Saver partners with SEC-regulated stockbrokers who execute trades on your behalf without requiring an in-person visit.

How much do I need to start buying shares in Nigeria?

There is no fixed minimum. The amount depends on the price of the shares you want. Shares Saver is designed for regular savers — you build up a monthly savings amount and buy when you reach the share price.

Are my shares registered in my own name?

Yes. Shares bought through Shares Saver are registered directly in your legal name via a CSCS account — not held in a pooled fund or as a platform balance.

Is buying shares in Nigeria safe?

Buying shares through SEC-regulated channels is a regulated activity. The Nigerian Exchange Group (NGX) oversees the market and the Securities and Exchange Commission (SEC) regulates stockbrokers. Shares Saver works exclusively with SEC-regulated broker partners.

Start Buying Nigerian Shares Today

Join Nigerian investors using Shares Saver to buy shares online and own them directly in their name through SEC-regulated stockbrokers.

Learn About Direct Ownership

Related Guides

Buy Shares Online in NigeriaHow the online buying process works from sign-up to ownership.Nigerian StocksOverview of the NGX, key sectors, and leading Nigerian companies.How to Invest in the Nigerian Stock ExchangeA complete NGX investment guide for first-time investors.Stock Brokers in NigeriaHow Nigerian stockbrokers work and what to look for.