The Nigerian stock market is a platform for companies to raise capital by selling equity, or stocks of their company to investors.
Navigating the stock market made easy with Trades Trek Free Stock-trading Simulator. Learn how buy and sell company stocks on the Nigerian stock market without risking any real capital. Available on Android and IOS.
As an investor in this market, when you buy or sell company shares, you are not doing so directly with the company, but with an existing shareholder. The stock market includes a listing of companies from different sectors of the economy; banking, oil and gas, telecommunications, agriculture, consumer goods and so much more.
Getting Started on the Nigerian Stock Market
The first step to getting started trading securities on the stock market is to open a brokerage account with a registered stock broker. After successful set-up and funding of your account, you can begin trading stocks. You will have access to all companies listed on the Nigerian Stock Exchange.
Trade Nigerian stocks for free with the Trades Trek Stock Trading Simulator, available on Android and IOS.
Buying Stocks on the Nigerian Stock Market
Securities listed on the Nigerian stock market cut across different sectors and industries. Thereby, providing investors with a variety of investment opportunities, and the chance to build a well-diversified investment portfolio . It is important to carry out preliminary research on companies to identify good stocks.
Get access to information on all companies on the Nigerian stock exchange, here.
Factors that Influence Stock Value
Several factors influence the value of stocks on the Stock market. Economic factors such as inflation rates, interest rates, GDP, and fluctuation in the currency will have a great impact on the value of stocks on the stock market. Other factors such as global market trends, geopolitical invents, and company-specific changes can also affect the value of stocks on the stock market. Download the stock-trading simulator for free, on Android and IOS.
How does the stock market pay?
Investors in the Nigerian stock market get paid in two major ways, through dividends and investment capital appreciation.
How do I buy stocks as a Nigerian?
Open a brokerage account with a registered and trusted stock broker, fund the account, and carry out thorough research on the companies you want to invest in. Then place your trading orders through the brokerage account. Learn how to buy stock on the stock market for free, on Android and IOS.
Types of Markets on the Nigerian Stock Exchange
The Nigerian stock exchange consists of different market types, classifying companies based on requirements and size. These markets include Alternate Securities Market, Main board and Premium board.
