For larger investments
Investing ₦1 million or more?
Buy NGX-listed shares in your own name, for one fee that stays simple as the amount grows: ₦1,500 plus 0.4% of what you invest.
One fee, at any size
₦1,500 plus 0.4%, taken out of what you pay in. On ₦5 million that is ₦21,500.
In your own name
Registered to you with the registrar and at the CSCS under your CHN. Not pooled, not held by a nominee.
Buy once or every month
A one-off purchase, a monthly amount, or both, on the same account. Add more whenever you like.
What it costs, at size
Our fee is taken out of what you pay in, so nothing is added on top. As the amount grows, the flat part stops mattering and the fee settles just above 0.4%.
| You pay in | Our fee | Fee as % | Into shares |
|---|---|---|---|
| ₦1,000,000 | ₦5,500 | 0.55% | ₦994,500 |
| ₦5,000,000 | ₦21,500 | 0.43% | ₦4,978,500 |
| ₦20,000,000 | ₦81,500 | 0.41% | ₦19,918,500 |
The standard NGX-related charges from the broker and market infrastructure apply as on any purchase. Every charge is on fees & charges, and it is all shown before you confirm.
Held in your name, not ours
A regulated stockbroker buys on the Nigerian Exchange, the trade settles at T+1, and the shares are registered in your legal name with the company’s registrar and at the CSCS under your CHN. Dividends, AGM notices and rights issues come to you as the shareholder of record. See how your shares are held and direct share ownership.
Investing a large amount
- All at once or in stages. Pay in the full amount, or start with part of it and add the rest whenever you like with Buy more on your contract.
- Nothing hidden. The fee on every payment is shown before you confirm, and each purchase gets its own contract note.
- From abroad. Living outside Nigeria? You will need a full BVN: a Non-Resident BVN (NRBVN) cannot be used to buy shares in your own name for now. See investing from abroad.
Already hold Nigerian shares?
Many investors hold shares from old public offers or a previous broker, sometimes with dividends left unclaimed. Find My Shares searches registrars, brokers and the CSCS for holdings in your name and tells you where each one is held. Outstanding dividends are then claimed from each company's registrar.
Questions
Questions answered
Educational information only — not investment, legal or tax advice. Share values can fall as well as rise. All securities transactions are carried out through SEC-regulated stockbrokers.