🇨🇦 Diaspora Investing · Canada
Nigerian citizens living in Canada — in Toronto, Calgary, Vancouver, Ottawa 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.
Shares Saver is currently only available to Nigerian citizens. Non-Nigerians cannot invest at this time, regardless of where they live.
A valid BVN (Bank Verification Number) is required. Your BVN links your identity to Nigeria's banking system and must be provided during onboarding.
You must fund your account through a Nigerian bank account. Canadian bank accounts cannot be used for funding.
The process is fully digital and completed through the Shares Saver app. You create an account, complete identity verification, choose an NGX-listed company, set up a monthly savings plan, and fund it from your Nigerian bank account. Shares Saver instructs a regulated Nigerian stockbroker to purchase and register your shares in your name.
Canadian bank accounts (CAD) cannot be used to fund your Shares Saver account directly. You will need an active Nigerian bank account. Many Nigerians in Canada use remittance services to move CAD to their Nigerian naira account, then fund their Shares Saver account from there. Nigerian shares are priced in Naira (₦) on the NGX.
Unlike some platforms where your portfolio is just a balance view, Shares Saver works so that purchased shares are registered directly in your legal name with the relevant Nigerian registrar. Your ownership record exists independently of the Shares Saver platform.
Shares Saver does not provide tax advice. Canadian residents may have reporting or tax obligations under CRA rules when investing in foreign assets. Please consult a Canada-qualified tax adviser before investing. This page is for educational purposes only and does not constitute investment or tax advice.
Yes — but only Nigerian citizens are currently eligible. If you are a Nigerian citizen living in Canada, 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 to invest through Shares Saver. Your BVN links your identity to Nigeria's banking system. If you do not yet have a BVN, you will need to obtain one before you can invest.
Yes. A Nigerian bank account is required. Canadian bank accounts cannot be used to fund your Shares Saver account. You must fund through your Nigerian bank account. Many Nigerians in Canada use remittance services to transfer CAD to their Nigerian naira account first.
Currently, Shares Saver is only available to Nigerian citizens. If you hold dual citizenship (Nigerian and Canadian), you are eligible as long as you have a valid BVN and a Nigerian bank account.
Shares Saver does not provide tax advice. Canadian residents may have reporting obligations under CRA rules when holding foreign assets. Please consult a Canada-qualified tax adviser before investing.
Yes. Shares purchased through Shares Saver are registered with the relevant Nigerian registrar in your legal name — regardless of your country of residence.
Create a free account to get started. You will need a valid BVN and Nigerian bank account. Your shares will be registered in your name through regulated Nigerian broker execution.