Top 10 Trusted Investment Platforms In Nigeria And How To Choose a Platform For Yourself


Top 10 Trusted Investment Platforms In Nigeria And How To Choose a Platform For Yourself

Nigeria offers reliable and trustworthy investment platforms that have the potential to generate favourable returns for your money. These platforms are officially recognized and operate in compliance with Nigerian laws. Additionally, they provide dedicated customer support to assist you in getting started.

Many investment options, including cryptocurrency, dollar savings apps, and automated savings, are available. These online investment platforms typically offer users an annual return on investment (ROI) of at least 14%, ensuring the potential for growth and profitability.

Discover below the leading 10 investment platforms where you can confidently invest your funds, ensuring optimal choices that align with your financial capacity. Continue reading to find the most suitable platform that meets your investment needs.

1. Pillow Fund

Pillow Fund is a user-friendly dollar savings app that allows Nigerians to maximize their digital assets’ returns without complications. By investing Naira in stablecoins, users can earn assured annual returns of 14%.

The platform also offers attractive returns of over 10% on stablecoins and over 6% on BTC and ETH. Pillow Fund simplifies crypto and dollar savings for users globally, handling the technical aspects while ensuring a seamless investment experience.

With a minimum investment of just 3000 NGN, users can start earning annual returns. The app has gained popularity in Nigeria for its accessibility and intuitive interface, providing a financial lifeline for many during challenging economic times.

Additionally, Pillow Fund has partnered with industry experts and advisors in Nigeria and beyond to offer valuable financial education to its users.

2. PiggyVest

PiggyVest offers a convenient and user-friendly platform for saving and investing money. With PiggyVest, you can curb excessive spending by putting away your extra funds and witnessing their growth over time. The platform allows you to save small amounts regularly or achieve specific targets by locking away funds for a designated period. This flexibility helps you cultivate disciplined saving habits.

PiggyVest provides a range of savings and investment plans to cater to different needs. You can utilise the Piggybank feature if you prefer to save and withdraw every quarter. The Target Savings option is available for saving towards specific goals like vacations or travel.

If you have long-term goals, the SafeLock feature allows you to lock funds away for an extended period. PiggyVest offers low-risk investment options through Investify, enabling you to diversify your portfolio.

Overall, PiggyVest empowers users to save and invest conveniently while offering various plans tailored to individual financial objectives.

3. Cowrywise

Cowrywise is a reputable investment platform based in Nigeria, offering diverse investment products. One notable feature of Cowrywise is its systematic investment plan, which allows users to automate their investments.

You can invest in mutual funds denominated in Naira or dollars and start your investment journey with as little as 1000 NGN. It’s important to note that the potential for higher returns increases as the initial investment amount increases. The interest or gains on your investments are calculated annually.

Furthermore, Cowrywise allows users to redeem their investments once they mature. The platform was established in response to the realization that wealth-building opportunities through investment products were predominantly accessible to the top 1% in Nigeria. Cowrywise aims to bridge this gap and make investment opportunities more accessible to the average Nigerian.

Cowrywise offers a legitimate platform where individuals can invest and grow their wealth, with various investment products and a low initial investment requirement.

4. Carbon

Carbon provides a range of investment and personal finance solutions that cater to diverse needs. With the Carbon app, you can start investing with a minimum amount of just 100 NGN. The platform offers assured returns that can reach up to 16%.

What’s more, you can customize your investment duration, choosing 3- months to 12 months that aligns with your goals. Carbon also enables you to set up periodic targets to track your progress and achieve your financial objectives, whether you prefer quarterly, half-yearly, or yearly targets.

5. Bamboo

Bamboo is a reputable investment platform available in Nigeria that offers a convenient way for Nigerians to invest in over 3000 US stocks directly from their smartphones. The platform supports investments in Naira and Dollars, providing flexibility for users. Bamboo also allows users to diversify their investments using ETFs (Exchange-Traded Funds).

The minimum investment amount to get started on the Bamboo app is 20 USD or its equivalent in Naira. One of the advantages of Bamboo is that it provides a centralized platform where users can easily monitor and track the value of their investments.

6. RiseVest

RiseVest is a reputable investment platform providing an intuitive way to invest globally-denominated assets. It offers a range of investment options, including Real Estate, Fixed Income, and Stocks. With RiseVest, users can earn interest rates ranging from 14% to 41% per annum.

The app also features a built-in tracker that allows you to monitor your financial progress towards your goals. To begin investing on the RiseVest app, you only need a minimum amount of USD 10 and a well-defined plan and duration for your investment.

7. Trove

Trove is an online investment platform based in Nigeria that allows you to invest in a wide range of global stocks, bonds, ETFs, and other securities directly from your smartphone. It enables users to invest in publicly traded equities, bonds, or foreign assets.

With Trove, you can invest in either Naira or US Dollars. The platform offers access to over 4000+ stocks for investment purposes. Getting started on Trove requires a minimum investment of $10, making it accessible to many investors.

8. Wealth NG

Wealth NG is an online investment platform that offers a variety of investment options, including stocks, mutual funds, real estate, and treasury bills. It allows users to conveniently manage and track the performance of their investments, including monitoring their current value.

The platform also provides access to financial advice and tips from wealth managers. A minimum investment of 1000 NGN is required to begin investing in Wealth NG. Additionally, users can earn returns of up to 7% through the savings investment options available on the platform.

9. Payday Investor

Payday Investor is a platform that enables investors to save and generate returns by investing in the ARM Money Market Fund. Through the app, users can track their daily interests and potentially earn up to 15%. The platform also offers the option to automate savings weekly or monthly.

To start with Payday Investor, a minimum investment of 1000 NGN is required. The funds are automatically invested in the ARM Money Market Fund, which can be redeemed upon maturity. Additionally, if users need assistance choosing their investment goals, they can consult with investment fund managers available through the platform.

10. Accrue

Accrue is a prominent online platform for saving and investing, primarily focusing on emerging markets. The platform aims to make cryptocurrencies easily accessible to the average person.

By eliminating barriers and increasing accessibility, Accrue strives to provide individuals access to the various possibilities offered by crypto.

Furthermore, the app enables users to safeguard their wealth against devaluation while simultaneously building wealth through crypto investments.

How To Choose An Investment Platform in Nigeria?

Selecting an online investment platform should be based on your specific financial objectives and risk tolerance. For instance, Pillow may be a suitable choice if you are interested in dollar savings. On the other hand, if you prefer a wider range of stocks, Bamboo could be a better option than Cowrywise, which primarily focuses on mutual funds.

When making this decision, it is important to consider the potential returns you are willing to accept on your initial investment.


In Nigeria, a wide range of online investment platforms are available, but not all of them may align with your investment objectives and risk tolerance. It is crucial to carefully evaluate and select a platform that suits your goals.

Conduct thorough research to assess the security measures implemented by each platform. Consider the advantages and disadvantages of each option to maximize the potential of your invested funds. If you prefer a conservative approach, opt for a platform with lower-risk investment opportunities.

Remember, starting your investment journey early, even with a modest amount, can have significant long-term benefits. Take the time to make an informed decision and ensure your hard-earned money is wisely invested.

Jael Okwuchukwu
Jael Okwuchukwu
I am Okwuchukwu Jael, a writer, educator, and musician from Enugu State. Teaching, both academic and musical, is a passion of mine, and I specialize as a Western pianist. Currently, I am employed as a blogger at Writer's King LTD, combining my love for writing and desire to share knowledge with a broader audience.


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