Exchange-Compliant Trades
All purchases go through the official Nigerian Exchange Group (NGX) via licensed brokers. There are no off-exchange or informal transactions.
Shares Saver is not a broker. Every share purchase is carried out by a separate, fully regulated Nigerian stockbroker — licensed to trade on the Nigerian Exchange Group (NGX). Here is what that means for your ownership and protection.
Understanding the distinction between what Shares Saver does and what the broker does is important for understanding how your ownership is protected.
All purchases go through the official Nigerian Exchange Group (NGX) via licensed brokers. There are no off-exchange or informal transactions.
Regulated brokers are subject to Nigerian financial regulator oversight and must meet capital, conduct, and compliance requirements.
NGX trades settle on a defined settlement cycle. This means your share registration follows a known, verified timeline after each purchase.
Shares registered through regulated broker channels appear on the official share register — not just inside an app database. The record is independent and verifiable.
Save funds in your Shares Saver account until your plan threshold is reached.
Issues a purchase instruction to the designated regulated stockbroker.
Executes the share purchase on the Nigerian Exchange Group at market price.
Trade settles on the official settlement cycle.
Registers the purchased shares directly in your legal name with the relevant registrar.
Receive ownership documentation. Your name appears on the share register.
No. Shares Saver is not a stockbroker. It is an administrative and savings platform. All share purchases are executed by separate, fully regulated stockbroker partners.
Shares Saver partners with regulated Nigerian stockbrokers licensed to operate on the Nigerian Exchange Group (NGX). The specific broker partners are disclosed within your account.
The broker executes the actual purchase of shares on the Nigerian Exchange on your behalf. After settlement, shares are registered in your name with the relevant registrar.
Shares Saver manages your account, savings plan, and the instruction to purchase. The broker executes the trade and handles settlement. Your shares are then registered in your own name.
Every share you buy through Shares Saver is executed by a regulated Nigerian stockbroker and registered directly in your name.