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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.

  1. Home
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  3. Investing from the UAE

🇦🇪 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.

How It Works

Who can invest — eligibility requirements

🇳🇬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.

One of the largest Nigerian communities outside Nigeria

The UAE — particularly Dubai — is home to one of the world's largest Nigerian diaspora communities, with hundreds of thousands of Nigerians living and working across the Emirates in finance, real estate, technology, healthcare, and entrepreneurship. Many maintain strong ties to Nigeria and actively remit money home. Shares Saver provides a way to formalise that connection by owning Nigerian company shares registered directly in your legal name.

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 Nigerians in the UAE 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.

Frequently asked questions

Can I buy Nigerian shares while living in the UAE?

Yes — but only Nigerian citizens are currently eligible. If you are a Nigerian citizen living in the UAE (Dubai, Abu Dhabi, Sharjah, or elsewhere), 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.

Is a BVN required to invest from the UAE?

Yes. A BVN (Bank Verification Number) is required. Your BVN links your identity to Nigeria's banking system and must be provided during onboarding.

Do I need a Nigerian bank account to invest from the UAE?

Yes. A Nigerian bank account is required. UAE bank accounts (AED) cannot be used to fund your Shares Saver account. You must fund through your Nigerian bank account. Many Nigerians in the UAE use remittance services to transfer AED or USD to their Nigerian naira account first.

Is there income tax in the UAE on Nigerian share investments?

The UAE does not currently levy personal income tax on individuals. However, a new corporate tax framework has been introduced in the UAE and the overall tax landscape may evolve. Tax implications in Nigeria (withholding tax on dividends, for example) may still apply. Shares Saver does not provide tax advice — consult a qualified adviser for your specific situation.

Are my shares registered in my name even though I live in the UAE?

Yes. Shares are registered in your legal name with the relevant Nigerian registrar — regardless of your UAE residency. Your ownership record is independent of the Shares Saver platform.

Can I manage my Nigerian share portfolio from Dubai?

Yes. The Shares Saver app is accessible from anywhere, including the UAE. You can view your portfolio, manage your savings plan, and access ownership documentation from Dubai or any other city in the UAE.

Ready to invest in Nigerian shares from the UAE?

Create a free account to get started. You will need a valid BVN and Nigerian bank account.

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