Investment Apps in Nigeria You Should Try in 2024
- Posted on May 20, 2024
- Featured
- By PETER AGADA
One way of getting closer to financial freedom in Nigeria is through investment. What if I tell you that you can make up to 200k with investing apps in Nigeria? I'm not persuading you, but that's the fact.
Proper research and investment can fetch you more than a 9-5 job. With investing apps, you can train yourself to become that rugged investor you have longed for.
Saving is hard, and like we all know, problems keep coming. But if you keep tampering with your savings because there's no regulation, you might end up broke again.
Investing apps help you save your funds and, in return, give you interest for taking such a bold step to secure the future. They have different savings periods that you may select, and the longer you stay, the more interest you accumulate.
Before now, many could not access investment opportunities because engaging such usually involved long processes and a certain level of capital for a start, but things changed with time.
With the advancements in technology in Nigeria and the introduction of fintech startups, it is easier to find investment opportunities online through investment apps.
Investment apps in Nigeria have helped many get into the investing world.
With this, I have compiled the 10 best investment apps in Nigeria you should check out today. This article is well-curated and has been checked by our officials to ensure it is safe for the public. Without further ado, let's look at the list below.
The Top 10 Best Investment Apps in Nigeria 2024
A quick look at the top 10 investment apps in Nigeria you should check out this year.
Bamboo
Cowrywise
Piggyvest
Risevest
Trove
Pillow Fund
Chaka
GetEquity
I-Invest
Quidax
Bamboo
Bamboo is one of the investment apps in Nigeria that allows you to access stock investment options. Bamboo allows you to trade stocks in the US and Nigerian markets. Through the Bamboo investment app, Nigerians can use their smartphones to make mobile investments in more than 3000 US stocks. Nigerians can use dollars or naira to invest in Bamboo. In addition, ETFs can be used to diversify investments.
Bamboo offers fixed income in dollars that yields returns of up to 8% annually. Your portfolio can be diversified and your extra cash can be invested. You can use our trading tool for managers and brokers or build and integrate your application with our product suite. Check on how to invest in Bamboo in 2024.
Cowrywise
Cowrywise is one of the leading investment apps for the young generation of Nigerians and Africans. Its purpose is to make savings and investing products more accessible to all. In Nigeria, Cowrywise provides the biggest mutual fund pool. Their investment options include Naira and Dollar mutual funds, while our savings options include Regular savings, Emergency savings, Halal savings, Savings circles, and Money Duo. It is known as one of the best investment apps in Nigeria.
Piggyvest
Piggyvest is one of the best investment apps in Nigeria for saving and investing online, with over 4 million customers. You can save with Piggyvest by utilising several in-app features. You can start investing safely with as little as N5000 by using Piggyvest Investify, which gives you access to a range of investment options with its investment app.
READ ALSO: Refer and Earn Apps in 2024 You Can Use to Make 6 Figures
Risevest
Risevest is also one of the best investment apps for digital investing that manages dollar assets. It connects Nigerians to foreign investment opportunities through products like fixed income, real estate in the US, and US stocks. Risevest is a fund manager that helps you grow and manage your money. Risevest is known as one of the best investment apps in Nigeria.
Trove
Trove is also known as one of the best digital investment apps in Nigeria that helps you invest in local and foreign stocks or shares. You can purchase stocks, bonds, exchange-traded funds (ETFs), and other marketable securities with a minimum of N1000. Trove offers you the option to invest in US dollars or Naira, with over 4000 stocks. Looking for good investment apps in Nigeria? Try Trove!
Pillow Fund
Pillow Fund is one of the investment apps that allows you to save in dollar assets. You can save money with Pillow Fund and receive an annual return on investment of 14%. In addition, Pillow Fund deals in Bitcoin, Ethereum, and stablecoins. They are among the platforms that offer their users daily interest. It stands as one of the best investment apps in Nigeria because of its ROI.
Chaka
Chaka is also one of the most used investment apps in Nigeria that helps you trade in local and foreign stocks. It is available to individuals and businesses for wealth management and investment opportunities and has a complete SEC licence. Investment apps in Nigeria, like Chaka, have made many become rugged investors because of their opportunities.
GetEquity
GetEquity is one of our top 10 best investment apps in Nigeria that helps individuals, organizations, and investors find, fund, and trade digital assets easily. It also makes it easy to obtain venture capital and startup funding.
I-Invest
I-Invest is named one of the best investment apps in Nigeria because it allows you to securely purchase and manage treasury bills, Eurobonds, shares, fixed deposits, commercial papers, and insurance. It makes managing and creating an investment portfolio easier.
Quidax
Quidax is a simple, safe, and easy-to-navigate cryptocurrency app that helps you buy, sell, and store crypto at an affordable rate. This app is for people who want to learn more about investing in cryptocurrencies to grow their personal finances and accumulate wealth. It deserves a good spot in our top 10 investment apps in Nigeria in 2024.
Conclusion
In Nigeria, investment is growing. People now have access to high-end investment opportunities they would not normally have through these investment apps. This means you are no longer restricted in investing based on age, income, or social standing. Keep in mind that investing is one strategy to increase wealth is the ideal time to get started.
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