Top 10 Investment Apps in Nigeria

last Updated on October 16, 2023

Looking to level up your investment game and you live in Naija? Then you should consider investment apps in Nigeria that are providing financial opportunities with just a finger tap away.

it doesn’t matter if you’re a seasoned investor or a curious beginner, these investment apps have got your back with investment instruments like stocks, bonds, mutual funds, and more.

If you’re going to build wealth and be free of money problems then you have to invest using the best investment apps in Nigeria where you can genuinely and securely invest money without the fear of being scammed out of your money.

With user-friendly interfaces and a wealth of information at your fingertips, these legit investment apps in Nigeria make investing accessible, engaging, and, most importantly, profitable.

So, if you’re ready to take control of your financial future, buckle up and let’s go through the top investment apps in Nigeria that can make your money work harder and smarter for you. Let’s dive in!

Best Legit Investment Apps in Nigeria

These are the best legit investment apps in Nigeria for building your wealth. All of these apps are great for beginners, and they are easy for those who want to start out investing in Nigeria.

S/N	Platform	Investment Options
1	Piggyvest	Fixed income, Agriculture & Transportation
2	Cowrywise	Mutual Funds
3	Risevest	Dollar Real Estate, Stocks & Fixed Income
4	Trove	US & Local Stocks
5	Carbon	High-Interest Savings
6	Bamboo	US & Local Stocks
7	Chaka	US & Local Stocks
8	Payday Investor	Market Funds
9	I-invest	T-Bills
10	Fint	P2P Loans
11	Bundle Africa	Dollar Savings
12	Bitnob	Crypto
13	Accrue	Dollar Cost Averaging (Stocks & Crypto)
14	GetEquity	African Startups
15	Ajobox	Local SME
16	Crowdyvest	Fixed Income

1. PiggyVest

Best App for Diversified Investments in Nigeria.

Piggyvest is one of the most popular savings and investment apps in Nigeria for saving and investing money via the internet as it has over 2.5 million customers.

Piggyvest started out as a purely digital savings company, but it quickly became an investment medium because of its high-interest rates.

Piggyvest investment plan (Investify) allows its users to invest in various assets like fixed income, agriculture and transportation, where you can earn up to ~25%. You can also invest in a savings account and earn up to 5% to 15% on your savings

Some features of Piggyvest are:

• Platforms: Android, iOS
• Interest rate: 5% – 25% per annum
• Withdrawal charges: 5% fee for withdrawals outside fixed withdrawal days( 4 free-of-charge withdrawal days annually)

2. Cowrywise

App for Mutual Funds Investing.

Cowrywise like Piggyvest is another one of the savings and investment apps in Nigeria, But instead of offering diversified investments like Piggyvest, Cowrywise allows you to invest in top mutual funds in Nigeria.

Cowrywise offers its users access to investments like money market funds, high-interest-rate savings accounts and halal investments.

Some features of the Cowrywise app are:

• Available Platforms: Android. iOS
• Withdrawal charges: None
• Plans: Periodic savings, Fixed Savings, One-time savings.
• Minimum withdrawal: None

3. Risevest

App for Automated Investments in Dollar Assets in Nigeria.

Rise vest is one of the most unique investment apps in Nigeria that allow you to make dollar-denominated investments. So essentially any Nigerian can make automatic dollar investments in US real estate, stocks, and Eurobonds for as low as $10 using only their smartphone.

So you may ask what are automatic dollar investments on Risevest? Well, when you signup to Risevest, you’ll be shown different plans; Us stocks, real estate and fixed income with their different durations (3 months, 6 months and 1 year. When you pick a plan and fund it, Risevest experts will manage your investments for you. So you don’t have to do a thing other than choose a plan and fund it. And Risevest will take care of the rest and keep your returns flooding in for you.

Risevest historical annual returns on US stocks is about ~14%, making it one of the best mediums to invest in foreign stocks from Nigeria. But you must note that actual returns depend on the market.

Here are some features of the Risevest app:

• Available Platforms: Android, iOS
• Minimum investment amount: $10
• Required Documentation: Government Issued ID and a Utility Bill ready. The documents will be an image, not an actual physical copy. Some basic information like (Verified Email Address, Verified Phone Number, and Bank Account Information).
• Payment Options: Mastercard, VISA and Verve cards issued by Nigerian Banks. Bank Transfer.
• Holding period: You can choose to make your investment plan available on-demand and also choose longer investment durations.
• Investment monitoring: You can track returns on investments purchased through the Risevest app.
• Withdrawals: Same-day withdrawals.
• Security: Rise uses PCI-DSS compliant, bank-grade security and two-factor authentication to protect all users’ accounts.
• Rise vest is SEC-registered in the US and users’ funds are overseen by their partners (ARM Trustees) who are registered with the Nigerian Securities and Exchange Commission (SEC) so you know that your funds are safe and regulated at the highest standard of compliance.

4. Trove

Foreign Stocks Investment App.

Trove is another one of the top investment apps in Nigeria for investing in local and foreign stocks or shares.

Trove is a digital stock investment app in Nigeria that allows you to invest in American, Chinese and Nigerian stocks. It doesn’t just stop there, with this Nigerian investment app, you can also invest in bonds, REITs and ETFs.

The minimum investment amount on Trove is ₦1,000.

Here are some features of the Trove App:

• Available Platforms: Android, iOS
• Minimum investment amount: ₦1,000.
• Required Documentation: Government-Issued ID and a Utility Bill ready. The documents will be an image, not an actual physical copy. Some basic information like (Verified Email Address, Verified Phone Number, Bank Account Information).
• Payment Options: Mastercard, VISA and Verve cards issued by Nigerian Banks. Bank Transfer.
• Holding period: As long as you like.
• Investment monitoring: You can track returns on investments purchased through the Trove app.
• Withdrawals: You can withdraw uninvested cash in your wallet for 3 business days or more. If you’re withdrawing more than your invested cash. You’ll need to sell some of your purchased assets. If you submit a sell order it will take between 1 to 2 business days for your funds to settle in your account. You can either choose to deposit the fund in your wallet or bank account.
• Security: Trove ensures your personal information is well encrypted with 256-bit encryption. And stored using cutting-edge security technologies. Trove’s partner, DriveWealth LLC, is a regulated member of FINRA/SIPC. Holds All the US trading accounts on Trove. It also protects the securities holdings of its members. Of up to $500,000 (including $250,000 for claims for cash).  Its other partner, Sigma Securities. A firm regulated by the NSE & Securities and Exchange Commission (SEC), holds all Nigerian trading accounts. While ARM Investment Managers, a licensed Asset manager in Lagos, Nigeria, acts as Investment managers for the  Portfolios on Trove.

5. Carbon

App for Investing in High-Yield Savings Account

Carbon formerly Paylater, is one of the investment apps in Nigeria that provides smart investment options. Carbon, which is now one of the digital banks in Nigeria, also lets you make payments, pay bills and access instant online loans in Nigeria.

Carbon wants to help people unlock the power of money by helping them build wealth through investments that earn a good return. Carbon offers three investment plans to its users, they are:

Cash Vault: This is a fixed deposit account where you can lock away your funds for a period and earn 11% on any investment starting from ₦50,000.

Goals Plan: Here you can set daily, weekly, or monthly investment targets, starting from ₦100. Earn as much as 9.5% when the goal is complete.

FlexSave: This is a one-time investment plan. However, you can keep adding to the account as you deem fit. The FlexSave plan earns up to 9% on your investments.

Carbon is insured by NDIC and certified by the CBN, so you can be sure that investing your money with this app won’t go into thin air.

6. Bamboo Invest

Popular App for Stocks Investing

Bamboo or “Invest Bamboo” is another one of the best investment apps in Nigeria that allows you to invest in foreign stocks.

With Bamboo, you can invest in more than 3,500 stocks on the American Stock Exchange and the Nigerian Stock Exchange. You can buy, hold, or sell foreign and local stocks on the Bamboo platform right from your mobile phone.

Some features of the Bamboo App are:

• Available Platforms: Android, iOS
• Minimum investment amount: $20.
• Required Documentation: Government-issued ID and a Utility Bill ready. The documents will be an image, not an actual physical copy. Some basic information like (Verified Email Address, Verified Phone Number, and Bank Account Information).
• Payment Options: Mastercard, VISA and Verve cards issued by Nigerian Banks. Bank Transfer.Holding period: As long as you like.
• Investment monitoring: You can track returns on investments purchased through the Bamboo app.Withdrawals: A withdrawal order from the app will take between 1 to 2-3 business days for your funds to settle in your account.
• Security: Bamboo uses state-of-the-art bank-level security, data encryption and two-factor authentication (2FA) protection on all accounts. All accounts are held at a top-tier local and U.S. brokerage firm; which, as a member of the Securities Investor Protection Corporation (SIPC), insures each Bamboo account up to $500,000.

7. Chaka

Passport for Stock Investments

Chaka is also another one of the investment apps in Nigeria focused on local and foreign stocks.

You can start trading shares with Chaka from as low as $10 or N1000. Chaka is fully licensed by the SEC of Nigeria.

Some features of this stock trading app in Nigeria are:

• Available Platforms: Android, iOS, Web
• Minimum investment amount: $10 or N1000.
• Required Documentation: Government Issued ID and a Utility Bill ready. The documents will be an image, not an actual physical copy. Some basic information like (Verified Email Address, Verified Phone Number, and Bank Account Information).
• Payment Options: Mastercard, VISA and Verve cards issued by Nigerian Banks. Bank Transfer.Holding period: As you like.
• Investment monitoring: You can track returns on investments purchased through the Chaka website or app.
• Withdrawals: Withdrawal of your available cash in your account can take up to 12 hours from when your request was made. To withdraw cash from sold stocks takes 3 days.  It takes 2 days for the stock exchange (locally and globally) to settle cash for sold shares. It would take an extra day to process the transaction.
• Security: Every Chaka account is protected by bank-grade AES encryption software. That protects communication between users’ devices and our servers.

8. Payday Investor by ARM

PayDay Investor by ARM Group is one of the investment apps in Nigeria that lets you invest automatically with as little as N1,000.

ARM Group manages assets of ₦967 Billion, so you can be sure that your money is in good hands. Investment returns are paid quarterly on the Payday Investor app.

Payday Investor has three investment plans:

• Goal-based investments
• Group Goals
• One time investments

You can create multiple investment goals and customize your investment plans with the Payday Investor app. You can withdraw your investment (savings & yield) at any time as long as all your KYC (Know your customer) requirements have been met.

Some Features of the Payday Investor app:

• Available Platforms: Android, iOS, Web
• Interest rate: 12.6%
• Withdrawal/Funding charges: NEFT transfer fee of ₦52.50 / 1% convenience capped at ₦1,500
• Minimum withdrawal: ₦1,000

9. I-invest

App for Treasury Bills Investing

I-invest is different from all the other types of investment apps in Nigeria on this list. This app allows you to securely purchase and manage Treasury bills, Eurobonds, Shares (Nigerian Stock Exchange), fixed deposits and commercial papers from your mobile device securely.

You can even purchase insurance coverage with this investment app. I-invest became popular because of its Treasury bills offering as t-bills are one of the few risk-free investments that exist.

You can easily track your investment portfolio on the I-invest app. The platform also offers a convenient way for retail investors to save money whilst earning attractive interest rates. The I-invest app was launched by Sterling bank in conjunction with Parthian partners.

With I-invest treasury bill plans, both your investment capital, and interest is paid to your account upon maturity. You can also cash out your money at any time. However, that only happens after a minimum holding period of 30 days. Some features of I-invest are

• Available Platforms: Android, iOS
• Maintenance Fees: None
• Pre-liquidate: Yes, after a minimum holding period of 30 days.

See Our Review of i-Invest

10. FINT App

App for P2P Lending Investing

FINT is one of the few investment apps in Nigeria on this list that is focused on P2P loans in Nigeria.

In essence, It is a loan marketplace that connects creditworthy borrowers to lenders. Borrowers can get access to affordable loans, and lenders can facilitate loans and get back their money interest.

You can invest in the FINT marketplace knowing that YOUR money is insured by Old Mutual insurance in the advent of death, job loss or accidental disability. You can earn solid returns with your money by lending money on FINT and diversifying your portfolio beyond stocks, bonds, fixed deposits and high-interest savings accounts.

The least amount you can lend (in this case invest in) is ₦20,000. Your investment returns are deposited directly into your account on a monthly basis.

Some features of FINT are:

• Available Platform: Web
• Investments Amounts: ₦20,000 – ₦1,000,000
• Interest rate: 26%- 39% annually
• Maintenance/Operation Fees: 1.5% Operation Fee deducted from monthly returns.

11. Bundle Africa

App for Crypto Investing

Bundle Africa is a Crypto social payment app for Africans. it’s one of the few investment apps in Nigeria for saving in crypto (BUSD) and earning returns on your savings.

Bundle Africa lets you buy, sell and convert cryptocurrency. But it also offers a savings plan called Bundle Vault, for investing in dollars (BUSD) and earning around ~7.5% on your savings (of course in dollars). You can also refer friends and earn a commission on Bundle Africa every time your referral joins the Bundle community.

12. Bitnob

App for Bitcoin Investing

Bitnob is one of the few investment apps in Nigeria that allows you to save in Bitcoin for as little as $1. With Bitnob you can easily create a savings plan (daily, weekly or monthly).

Bitnob’s Savings feature enables Bitnob users to save and invest in Bitcoin and dollars, either by using Dollar Cost Averaging or USD Wallet. this helps to protect you against the ever-growing risk of inflation and provides an easy way to transfer USD across borders without fear of regulations or risk.

Bitnob allows anyone in Nigeria to buy, save and invest in Bitcoin easily. If this is something you’re interested in. You should definitely try out Bitnob.

13. Accrue

Invest in Stocks, Crypto & USD in Nigeria Using Dollar Cost Averaging.

Accrue is one of the newest online investment apps in Nigeria that provides you with an easy and convenient way to invest in stocks crypto and USD using dollar-cost averaging. You can invest with the Accrue App for as little as $1. You might be wondering what dollar-cost averaging is, well it is an investment strategy where you repeatedly invest a fixed dollar amount in an asset, irrespective of its price.

Accrue uses this dollar-cost averaging strategy to spread risk and reduce the impact of price volatility on your investments.

With Accrue you can invest in over 100 assets that include stocks, crypto, and USD. Accrue offers daily, weekly, bi-weekly, and monthly investment plans.

14. GetEquity

Invest in African Startups

GetEquity is a unique investment app that allows you to invest in the top local startups in Africa from seed to IPO.

Investing in startups was exclusive for those in the know, but GetEquity has democratised startup investing for Africans.

Now anyone in Nigeria can fund high growth, promising innovations from Africa with the click of a button.

GetEquity is able to do this by using tokenised equity; which is the digital version of real security assets (equity).

15. Ajobox Investment

Invest in Local SMEs

Ajobox is another P2P loan platform that is focused on SME financing. These SME loans are funded by individuals and groups of investors with low interest rates and guaranteed ROI.

Ajobox is one of the interesting new investment apps in Nigeria. With the Ajobox investment plan, you can earn up to 16% interest p.a by investing in MSMEs.

The investment period with this app is 6 – 12 months at a minimum investment amount of N50,000

16. Crowdyvest

Crowdyvest offers well-vetted investment opportunities to anyone looking to earn decent returns in Nigeria.

Crowdyvest has two investment plans, Hyperplan and Projects.

The minimum investment amount for both plans is ₦20,000. With Hyperplan, you can earn returns on low-medium risk opportunities spread across multiple asset classes in a single plan. while the Projects plan allows you to earn on project-specific offers in real sectors.

Deciding Which Investment Apps in Nigeria to Choose

Choosing the right investment apps in Nigeria to invest your money securely and receive returns when they are due shouldn’t be difficult with this list as long as you can operate a smartphone. Money isn’t even a problem anymore as you can start investing with as little as N1,000 with some of the apps on this list.

We’ve done most of the analysis and deliberation on online investment apps in Nigeria for you, we’ve picked the best ones that are of good reputation and provide the best investment instruments and rates. Pick one to two today and start building your wealth today.