🇦🇪 Diaspora investing · UAE
Buy Nigerian shares from the UAE
Nigerian citizens living in the UAE — in Dubai, Abu Dhabi, Sharjah, Ajman or anywhere across the Emirates — can buy and own NGX-listed shares directly in their own name through Shares Saver. A valid BVN and Nigerian bank account are required.
A Nigerian bank account. Many people abroad send money to their naira account first, then fund from there.
A valid Bank Verification Number and your Nigerian international passport. Nigerian citizens only.
Registered to your legal name with the Nigerian registrar and the CSCS — not a platform balance.
Eligibility
Who can invest
Nigerian citizens only
Only Nigerian citizens are currently eligible to invest through Shares Saver.
BVN required
A valid BVN (Bank Verification Number) is required to open an account and invest.
Nigerian bank account required
UAE bank accounts (AED) cannot be used for funding. A Nigerian bank account is required.
Own Nigerian companies from Dubai
Buy shares in NGX-listed companies — banks, telecoms, consumer goods, oil and gas — and have them registered in your name. Build a Nigerian share portfolio from the UAE.
No UAE personal income tax
The UAE currently does not levy personal income tax on individuals. This means investment income from Nigerian shares may not be taxed by UAE authorities (though Nigerian withholding tax on dividends may still apply).
Fully digital — managed from anywhere
The Shares Saver app works from anywhere in the UAE. Register, verify your identity, choose companies, and manage your portfolio entirely online.
What UAE-based investors should know
Funding from the UAE: use your Nigerian bank account
UAE bank accounts (AED) cannot be used to fund Shares Saver directly. You will need your Nigerian bank account. Many Nigerians in Dubai and Abu Dhabi use remittance services (Western Union, Wise, UAE-based exchange houses) to convert AED to NGN and transfer to their Nigerian account, then fund from there.
AED to Nigerian Naira
Nigerian shares are priced in Naira (₦). When you convert AED to NGN for investment, the prevailing exchange rate will affect your purchasing power in Naira terms. Exchange rates fluctuate — plan accordingly.
UAE and Nigerian tax considerations
The UAE does not currently impose personal income tax. However, Nigerian withholding tax on dividends may still be deducted at source by Nigerian companies. Corporate tax has been introduced in the UAE for businesses — if you operate a business, consult a UAE-registered tax adviser. Shares Saver does not provide tax advice.
Important disclaimer
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.
Questions