Best Investment Apps in Nigeria for Beginners
- Simon Zaku
- Mar 9
- 3 min read
Have you ever felt like your money is just sitting in your bank account, doing absolutely nothing?
You hustle every day, make money, but when you check your savings after a few months—no growth, no magic, just vibes. It’s frustrating, right?
Well, what if I told you there’s a way to make your money work for you, even while you sleep? Welcome to the world of investment apps!
A Real-Life Wake-Up Call
Sometime in 2022, my friend John came to me, looking stressed. "Simon, I need to start investing, but I don’t know where to start," he said.
John had been saving in a regular bank account for years, but inflation was eating away at his money.
After a little research, I introduced him to a few solid investment apps in Nigeria.
Fast forward a year, and Chidi's portfolio had grown by over 20%!
The truth is, more Nigerians are jumping on investment platforms.
According to a 2023 report by Statista, digital investment in Nigeria is expected to grow at an annual rate of 12.5%.
If you’re not investing, you're leaving money on the table.
What You Will Learn
Why you should start investing now
The best investment apps in Nigeria for beginners
How to choose the right app for your financial goals
Key things to consider before investing
Answers to common questions about investing in Nigeria
Table of Contents
Why Investing is a Game-Changer
How to Choose the Best Investment App
Top 10 Investment Apps in Nigeria for Beginners
Key Things to Consider Before Investing
FAQs About Investment Apps
Conclusion: The Best Time to Start is Now
Why Investing is a Game-Changer
Most Nigerians save money, but only a few invest.
The problem?
Savings alone won’t make you wealthy. Inflation is constantly reducing the value of your money.
If you want financial freedom, investing is the way.
How to Choose the Best Investment App
When picking an investment app, consider the following:
Security – Is the platform regulated by the CBN or SEC?
Ease of Use – Is the app beginner-friendly?
Investment Options – Can you invest in stocks, mutual funds, or crypto?
Minimum Investment Amount – How much do you need to start?
Withdrawal Process – How easy is it to cash out?
Top 10 Investment Apps in Nigeria for Beginners
Risevest – Invest in US stocks and real estate
PiggyVest – Secure savings and investment plans
Cowrywise – Automated investments and savings
Bamboo – Buy foreign stocks easily
Trove – Stocks, bonds, and ETFs in one place
Chaka – Another great app for foreign stocks
I-invest – Government-backed investments
Kuda – A fintech bank with savings & investment options
Wealth.ng – Invest in multiple asset classes
Opay – Easy investment options for small investors
Key Things to Consider Before Investing
Start small and test the platform
Read the terms and conditions carefully
Check the fees and charges before investing
Diversify your investments
FAQs About Investment Apps
How much do I need to start investing?
Some platforms allow you to start with as low as ₦1,000.
Is investing in Nigeria safe?
Yes, but only if you use SEC-regulated platforms.
Can I lose money?
Yes, all investments carry risks, but diversification helps.
How do I withdraw my earnings?
Most platforms allow direct bank withdrawals.
Which app is best for a complete beginner?
PiggyVest and Cowrywise are great starting points.
Conclusion: The Best Time to Start is Now
If you’ve been thinking about investing, this is your sign to take action. Your money should be working for you, not sitting idle.
Whether you want to invest in stocks, real estate, or government bonds, these apps make it easier than ever.
So, which investment app will you try first? Let me know in the comments!
Simon Taki Zaku
Founder, CEO, IbiFoundry Limited
For the IbiFoundry.com.ng E-magazine
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