🇦🇺 Diaspora Investing · Australia
Nigerian citizens living in Australia — in Sydney, Melbourne, Brisbane, Perth, Canberra or anywhere across the country — can buy and own NGX-listed shares directly in their own name through Shares Saver. A valid BVN and Nigerian bank account are required.
Only Nigerian citizens are currently eligible to invest through Shares Saver.
A valid BVN (Bank Verification Number) is required to open an account and invest.
Australian bank accounts (AUD) cannot be used for funding. A Nigerian bank account is required.
Australia has a growing Nigerian community, with Nigerians in cities like Sydney, Melbourne, and Brisbane working in healthcare, engineering, finance, and education. Many maintain strong ties to Nigeria and want to build long-term financial assets in the country. Shares Saver provides a regulated route to own NGX-listed shares registered directly in your name — managed entirely from Australia.
Australian bank accounts (AUD) cannot be used to fund Shares Saver directly. You will need your Nigerian bank account. Many Nigerians in Australia use international money transfer services to convert AUD to NGN and send to their Nigerian account, then fund from there.
Nigerian shares are priced in Naira (₦). Exchange rates between AUD and NGN fluctuate. Factor currency movement into your long-term investment plan.
Australian residents are taxed by the ATO on worldwide income. Foreign investment income and dividends from Nigerian shares may be assessable in Australia. Capital Gains Tax (CGT) may also apply when shares are sold. Consult a registered Australian tax agent or accountant before investing.
This page is for educational purposes only and does not constitute investment, tax, or legal advice. The value of shares can fall as well as rise.
Yes — but only Nigerian citizens are currently eligible. If you are a Nigerian citizen living in Australia, you can buy shares listed on the Nigerian Exchange (NGX) through Shares Saver, provided you have a valid BVN and an active Nigerian bank account.
Yes. A BVN (Bank Verification Number) is required. Your BVN links your identity to Nigeria's banking system and must be provided during onboarding.
Yes. A Nigerian bank account is required. Australian bank accounts (AUD) cannot be used to fund your Shares Saver account. You must fund through your Nigerian bank account. Many Nigerians in Australia use remittance services to transfer AUD to their Nigerian naira account first.
Shares Saver does not provide tax advice. Australian residents are taxed by the ATO (Australian Taxation Office) on worldwide income. Foreign shares and dividends may be taxable in Australia. CGT (Capital Gains Tax) may also apply when shares are sold. Consult a registered Australian tax agent before investing.
Yes. Shares are registered in your legal name with the relevant Nigerian registrar — regardless of your Australian residency. Your ownership record is independent of the Shares Saver platform.
Create a free account to get started. You will need a valid BVN and Nigerian bank account.