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Top 10 Legit Investment Platforms In Nigeria


In this article, we will be talking about legit investment platforms in Nigeria. Since we’re all seeking ways to better our life and saving habits, and also maximize our investments, whether as a salary earner or self-employed.

It’s the twenty-first century and traditional methods of saving and investing have become obsolete, we now have so many options in which we can invest our extra cash. Of course, money isn’t everything but happiness alone can’t keep out the storm. That is why investing is a crucial part of building your wealth.

If you live in Nigeria or are a Nigerian staying overseas, then you should already know that leaving your money in the bank will not grow it for you but only reduce it instead. So instead of the bank why not use some online legit investment platforms in Nigeria to generate money by harnessing technology?

By potting your money into one of the many legit investment platforms in Nigeria that are open to the public.

We will explore a list of the top 10 legit investment platforms in Nigeria where you can invest and make more money. Before that, let’s take some time to understand what an investment platform is all about.

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What Is An Investment Platform?

Investment platforms primarily are services rendered online that enable individuals to invest their money and earn some form of interest after a particular period.

There is not much difference between online and offline investment platforms, this is because almost all investment platforms accept investments via the internet and online investment platforms usually have offices that you can visit at your convenience.

It is necessary to create an account on a company’s web platform if you want to invest. In other words, the vast majority of investment platforms are based online.


Top 10 Legit Investment Platforms In Nigeria

Many Nigerians today now see online investment In Nigeria as taboo, they wouldn’t want to hear or talk about it because of the poor experience they had in the past while looking for a strategy to invest and earn money daily in Nigeria.

The reason for this is that they fell into the wrong hands while looking for a get-rich-quick platform and got caught up in Ponzi schemes, which always promise them a huge percentage return.

When it comes to online investment platforms in Nigeria, many Nigerians instantly recall the memories of the Ponzi scheme “MMM”. they’d remember what they or their friends had lost in such schemes which leaves them with the fear of the unknown and bale out.

Most people in Nigeria believe that there are no legit investment platforms in Nigeria. However, they fail to see that online Ponzi schemes ( e.g MMM, Ultimate Circle etc) are not the same as the online legit investment platforms in Nigeria we are discussing in this article.

In this article, we’re talking about legitimate investment platforms, which are companies whose business activities or strategies are authentic and reputable. They are tested and trusted and guaranteed safe ways to grow your money without fear as most of them are licensed by the government and insured by approved bodies.

Below is a list of the top 10 trusted online legit investment platforms in Nigeria that allow you to invest and earn money on a daily, weekly, monthly or annual basis.

Payday Investor by ARM
Chipper Cash

1. Piggyvest

Piggyvest is an online legit investment platform in Nigeria that has simplified saving and investing money in Nigeria via the internet.

This company started as a purely digital savings company, it quickly became an investment medium because of its high-interest rates. Piggyvest offers various investment opportunities like Fixed income instruments, Agriculture, Transportation, Real Estate, etc.

You can invest with any amount and all investments are pre-vetted to ensure that they have minimum risk and they have proper insurance coverage.

You can start investing with Piggyvest with as low as 5,000 Naira and earn up to 25% per annum in return. Piggyvest also offers high-interest savings opportunities where you can earn up to 13% p.a.

With Piggyvest, you can start your savings journey with at least 100 Naira. This entails that if investment opportunities are not available you can take advantage of their high yield saving platform to start earning on your savings.

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Piggyvest interest on investment can be paid monthly, quarterly, or yearly depending on the terms and conditions backing the investment. Likewise, for the saving options, the interest depends on your selected packages.

Your savings on Piggyvest can be fixed for a particular time and you earn interest of up to 13% interest p.a. While for Automated savings (PiggyBank), you can save and earn up to 10% p.a.


Piggyvest Goal-Oriented Savings allows you to get up to 9% p.a. and with Flex Naira, you can earn up to 8% p.a. When it comes to withdrawal, you can withdraw your funds at the end of the investment period or sell your units of investment before the maturity date. However, if the investment is not mature and you want to sell, you will have to place your units of investment on sale and wait for a buyer.

Piggyvest is a very secure and legit investment platform in Nigeria, they have two licensed Microfinance banks and a certified corporate organization. All funds are further managed by AIICO Capital – a leading asset management company in Nigeria registered and licensed by the Securities and Exchange Commission

The Piggyvest App is available both on the Google Play Store and Apple store and can be downloaded for free.

Their official offline address is located at:

Tesmot House, 3 Abdulrahman Okene Close, Off Ligali Ayorinde St, Victoria Island, Lagos.


2. Cowrywise

Cowrywise is another legit investment platform in Nigeria that has been tested and trusted with professional management investment products. Just like Piggyvest and Paylater, Cowrywise is also a savings and investment platform.

It offers the opportunity for investors to invest in Naira or dollar Mutual funds and through their systematic investment plan, you can automate your investment on any product on their app.

With Cowrywise you earn either through interest or capital gains. Capital gains refer to selling your units of investment for more than you bought them. You can start your investment with as low as 1,000 Naira however, you must note that the higher the amount the better the interest.

To get started with this App, all you need to do is sign up with a valid email, phone number, and BVN. To fund your Cowrywise savings or investment account, you have the option of using your debit card or a bank transfer.

You can invest for as long as you want but interest percentages are calculated per annum. Cowrywise has one of the most intuitive Apps with a good-looking design and very easy-to-use interphase.

The Cowryeise app allows you to measure your investment progress thereby helping you make better decisions.

You can withdraw your investment instantly to your local bank as soon as the investment matures.

To ensure the safety of all invested funds, investments are done on risk-free instruments, and the funds are held by Meristem Trustees, a company registered with The Security and Exchange Commission (SEC) on behalf of savers.

Cowrywise physical location is at 5C Rev.Ogunbiyi St, Ikeja GRA, Ikeja.

Read Also: Real Estate Investment in Nigeria — 7 Things You Must Know Before Investing

3. Carbon

Carbon, formerly known as  PayLater, is one of the top genuine online legit investment platforms in Nigeria with diverse digital finance solutions that provides smart investment options. As well as payments of bills and instant loans.

Although Carbon started in the digital lending market, now the company offers several services from savings to payments solutions and investment. The company offers one of the best returns on investment in the country.

You can start investing with carbon with as little as 100 Naira and get up to 16% per annum. You can also choose the investment duration which ranges from 3 months to 12 months.

To invest with Carbon, you have to first select the investment plan of your choice (Cash Vault, Goals, or Flexure) then input the amount you want to invest, duration, and fund via your bank account or debit card.

Your funds with Carbon are safe. All funds are managed by One Finance and Investment Ltd which is licensed and regulated by CBN. When investing, there is the option to either invest in, 3, 6, or 12 months with an interest rate of up to 16%.

Savers and investors can set automated daily, weekly, or monthly saving targets with any of their plans

Carbon’s physical registered address is at Plot 642C Akin Adesola Street, Lagos, Nigeria.

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4. Bamboo

Bamboo is an online legit investment platform in Nigeria that gives unrestricted access to over 3,000 stocks listed on the American Stock Exchange right from the comfort of your home as long as you have access to a smartphone and mobile data. You can buy, hold, or sell foreign and local stocks on the Bamboo platform right from your mobile phone.

Bamboo has a Naira and Dollar wallet which you can fund and begin to invest almost immediately without any waste of time. You can also buy bundles of stocks called ETFs to diversify your investment.

A minimum of 20 Dollars or its equivalent in Naira is required to start an investment in Bamboo. However, it is important to note that if you deposit from a Naira payment option, you can only withdraw to a Naira account and if you deposit from a USD payment option, you can only withdraw to a USD account.

Your BVN is required alongside a valid ID and utility bill when signing up for a Bamboo account.

Payment methods accepted in Bamboo are Mastercard and Visa cards as well as bank transfers.

The Bamboo app has an intuitive design with an inbuilt technology to give you a clear picture of your portfolio performance over time to adjust your position. You can also track your returns on investment (ROI) purchases through the app.

All Bamboo investments are overseen by Securities Investment Protection and all accounts are insured for up to $500,000 by FDIC

Their physical location is located at Plot 1 Block 22 Babatunde Anjous Avenue, Lekki Phase 1.


5. Risevest

Risevest is one of the online legit investment platforms in Nigeria that offers an intuitive and easy way to invest in foreign stocks. You can also invest in American real estate and fixed income assets (dollar-denominated assets).

It is the only online legit investment platform in Nigeria where you can choose an investment plan and invest in any of the well-managed assets and the company’s team of investment experts handles the rest, with an assurance of up to 14% and a possibility of up to 41% interest per annum.

Think of it as an automated dollar investment company in Nigeria where you earn dollars in returns. You can start investing on the Risevest app for as low as $10 or its equivalent in Naira.

Risevest annual returns on US stocks is about 14%, making it one of the best mediums to invest in foreign stocks from Nigeria. However, actual returns depend on the market.

Risevest’s physical location is at Block D 5, Jacob Mews Estate, 21 Adebisi Street, Yaba, Lagos.


6. Trove

Like Rise vest, Trove is one of the online legit investment platforms in Nigeria for investing in local and foreign stocks or shares such as US, Chinese and Nigerian stocks. Trove also allows you to invest in bonds, REITs, and ETFs.

You can start your investment on Trove with as low as 10 Dollars. You can buy any publicly traded equity, bond, or foreign assets as a one-off investment using a debit/credit card or through a bank transfer. Trove gives you the option of investing either through Dollar or Naira.

Naira wallets are used in investing in local Nigerian stocks while Dollar wallets are used for investing in foreign stocks.

Your BVN is required to register with Trove alongside a valid license ID and utility bill.

Trove has over 4,000 stocks that you can start investing on as soon as you have money in your brokerage account

Trove also gives you a secured investment platform. All Trove investments are held and managed by Sigma Securities Ltd and ARM securities Ltd, both of which are SEC licensed regulated brokerage firms. And for that the US Dollar investment accounts, are held by Drive Wealth, a FINRA regulated brokerage firm

The Trove app has a trending stocks chart to help you with investment opportunities based on your profile and their app also indicates stocks that are trending in the news, social media, etc

In Addition, the app gives decision support indicators and data based on the company’s past performance, analysts’ opinions and the company’s predicted performance trend.

Trove’s physical address is located at 18B Oladimeji Alo Street, Off Freedom Way, Lekki Lagos

Read Also: How to Save Money as a Student – 14 Tips and Guides

7. Chaka

Chaka is another legit investment platform that allows you to invest in local and foreign stocks for as low as 10 Dollars.

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It is safe to say that  Chaka is one of the best ways to invest in stocks, bonds, ETFs and other assets from the US, UK, Nigeria, China, and other countries.

Chaka is a firm with a license from the Securities and Exchange Commission of Nigeria (SEC). Local assets are regulated by Nigerian Stock Exchange and Central Securities Clearing System (CSCS) while their Dollar assets are regulated by US FINRA and US SEC.

They have over 4,000 assets you can choose and invest in. Chaka has an intuitive app designed to ease the highs and lows that come with the investment.

Their assets come with some of the world’s best stocks like Apple, Google, Netflix, Alibaba, Tesla, etc.

Returns on Investment (ROI) purchases can be tracked through the Chaka app.

Their physical location is at No 6, Osborne Road, Ikoyi, Lagos


8. I-Invest

I-Invest is an online legit investment platform in Nigeria with risk-free investment opportunities like Treasury bills, Eurobonds, Equities, etc Through the array of investment products, investors in I-invest can match products to their investment needs.

All funds on i-invest are safe. They are the official product of Parthian Partners Ltd, a company regulated by the SEC.

I-invest can be accessed through the official website and web apps Through their app, you can track various investment portfolios.

To get started with the app, you will need to sign up with a valid means of identification as well as a utility bill and choose from the list of available securities to transact.

The minimum amount needed to start an investment with I-Invest is 100,000 Naira. The platform also offers a convenient way for retail investors to save money whilst earning attractive interest rates.

Their physical location is at 22A Udi Street, Osborne Foreshore, Ikoyi Lagos.


9. Payday Investor by ARM

This is an investment platform that allows users to create a savings goal and invests their money and grows earnings through investment in the ARM Money Market Fund.

ARM Group manages assets of ₦967 Billion. Investment returns are paid quarterly on the Payday Investor. As an investor, you can automate your savings to the way you like it, weekly or monthly

The minimum amount required to get started with Arm is 1,000 Naira, then you create an account and set up an investment plan and funding options

All saved funds are automatically invested in ARM Money Fund which can be accessed at will anytime when matured

As a product of ARM, Payday Investor has experienced investment fund managers to help you if the need arises.


10. Chipper Cash

Chipper cash is an app that allows you to send and receive money across Africa. The Chipper cash app provides you with the option to invest in Stocks and crypto (bitcoin)as well.

Chipper Cash is a legit investment platform in Nigeria that helps you build your investment portfolio by allowing you to buy fractional shares of foreign publicly listed companies like Apple, Facebook, and Nike. Chipper cash claims to offer the lowest commissions and fast trade executions.

You can also buy and sell bitcoin easily on this app as well. Use the link below to get started with the Chipper Cash App.

Read Also:  Is Saving With Piggyvest Good? – 13 Reasons Why You Should


We have taken out time to understand what an investment platform is and in other to grow your fund, investment is one sure and guaranteed way. You can decide to invest in portfolios such as Stocks, Mutual funds, Bonds, Real estate, and Agriculture and earn interest of up to 25%.

With our compiled list of legit investment platforms in Nigeria, you can be sure to see genuine online legit investment platforms/companies in Nigeria to help you start your investment journey.

These platforms are legit, tested, and trusted and they offer a stress-free investment experience. Irrespective of your status, whether individual, expert, or beginner, the platform allows you to start investing almost immediately with little to no capital.


PS: This is not financial or investment advice. Anyone who decides to invest in any of these platforms is doing so at their own risk. 

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