In today’s world of technology, investing has now become so easy that almost anyone can pick up a phone, download an investment app, and become an investor.
In this blog post, I will be sharing with you my top 5 investment apps in Nigeria. These are apps that are changing the way Nigerians invest and are making it easy for Nigerians to attain financial freedom.
These apps are not just user-friendly, but they offer diverse investment options for you to pick from. So if you are a high-risk investor or a low-risk investor, these apps have something for you.
Top 5 Investment Apps In Nigeria
1. Trove Investment App
This is an app that allows you to invest in the Nigerian stock market and the US stock with as low as N1,000 and $10 respectively. Investing in stock means you’re buying shares from different companies, then you become an investor in those companies, and make money through dividends or capital appreciation.
The belief is that anyone can build wealth by investing small sums of money regularly. The trove app also provides access to financial literacy tools to help you become a smart investor. You can download the Trove app on your App Store and Play Store.
2. Cowrywise App
This is a very popular app to save money in Nigeria. The cowrywise app has helped a lot of people achieve their savings goals.
You can do a lot of things on the app, you can create a savings goal to save money towards an objective, you can save money with your friends and family, and you can also create an emergency fund on cowrywise. Also, there’s this thing called “Duo Challenge” where you can save money with your partner.
With all these plans on cowrywise, you’ll get interest ranging from 8% to 15% annually. So if you’re looking for the safest app to save your money in Nigeria, i recommend that you use the Cowrywise app.
3. Keble App
This is an app that allows you invest in real estate properties both in Nigeria and outside Nigeria with as low as $10. This means with Kebble, you don’t need to have huge amount of money before you start to invest in real estate properties.
It works in such a way that they do list different properties both in Nigeria and outside Nigeria from time to time, and they have different return on investments (ROI) and various minimum capital to invest with.
There are various ways to make money once you start investing on the Kebble. You can make money though your return on investment (ROI), through your property appreciation, and through your rental income.
4. Bamboo App
Just like the Trove app, the Bamboo app allows you to invest US Stocks from Nigeria, and in addition, on the Bamboo app you can invest in dollars and get fixed returns on your money.
I would say that the Bamboo app is a really good app for investing in stocks and dollars as a beginner in Nigeria because it gives you different options to invest your money and it’s very easy to use.
5. Binance App
This is one of the best and safest crypto apps that I recommend to anyone to start investing with.
To invest on the binance app, i highly recommend that you use the “Auto-invest” feature where you just have to enter some details and binance will help you automatically invest in any crypto of your choice periodically.
It could be weekly, monthly or daily and this is the best way to invest in crypto currencies, it is using the dollar cost averaging (DCA) method to help you invest in cryptocurrency.
Click here to see how the Auto-Invest feature works on Binance.
Conclusion
So these are my top 5 investment apps in Nigeria (in no particular order). Of course, there are other amazing apps out there that you can use to invest your money but these are my top investment apps in 2023 so far.
Whether you’re a seasoned investor looking for advanced investment app or a beginner looking for a very simple investment app, there’s an app on this list that caters to your needs.
I would also encourage everyone to explore these apps further and make informed decisions based on your individual needs. Remember, the right investment app for you depends on your personal goals, risk tolerance, and investment strategy.
Also, remember to always do a thorough research and due diligence before making any investment decisions because investing involves risks, and it’s important to stay informed and make well-considered choices.
So, take the time to explore these top investment apps and embark on your journey toward financial growth and stability. Happy investing!
>> MUST READ: 9 Crypto Investing Tips For Beginners
