Learn

The basics, minus the jargon.

A plain-language guide to shares, offers and how investing through the portal works — so you understand what you're doing before you decide to invest.

Know the essentials

Twelve ideas that cover most of what you'll come across.

What is a share?

A share is a unit of ownership in a company. Hold one and you own a small part of that company, with a claim on its future profits and, where they apply, voting rights.

What is an IPO?

An Initial Public Offering (IPO) is the first time a company sells its shares to the public. It's how a private company becomes publicly traded.

What is a public offer?

A public offer is an invitation to the general public to buy a company's shares or securities during a set window, at a stated price. The full terms of any offer live in its Prospectus.

What is a rights issue?

A rights issue lets existing shareholders buy more shares in a company they already own, usually at a discount, in proportion to their current holding.

What is a dividend?

A dividend is a share of a company's profit paid to shareholders. Dividends aren't guaranteed — they're paid only when declared, and depend on the company's profitability and the board's decision.

Can the value of my shares change?

Yes. Once shares are listed, their price can rise or fall with the market. Investing carries risk, and you can lose some or all of the money you put in. Never invest money you can't afford to lose.

Investing involves risk to your capital.

What is a stockbroker?

A stockbroker is a licensed firm authorised to buy and sell shares on your behalf on a securities exchange.

What is a CHN?

A Clearing House Number (CHN) is a unique identifier issued to an investor within the securities clearing system. It ties your holdings to you.

What is CSCS?

The Central Securities Clearing System (CSCS) provides clearing, settlement and depository services for the capital market — essentially the electronic registry that keeps track of who owns what.

How do I subscribe to an offer?

Pick an active offer, complete your details and identity verification, choose how many shares to apply for, and pay through an approved channel. Your application is then submitted for processing.

Only ever subscribe through official, approved channels.

What happens after I subscribe?

Your application is processed under the terms of the offer. Once the offer closes, shares are allotted according to the approved allotment process — allotment is subject to availability and regulatory approval.

How do I stay safe?

Use only approved subscription channels. Never share your PIN, password or OTP, and never pay money into a personal account. If something feels off, stop and confirm through official contacts.

Frequently asked questions

The things people ask most before subscribing.
Who can invest through this portal?

Eligible individual and corporate investors who can complete the required identity and bank verification. Specific eligibility for any given offer is set out in that offer's Prospectus.

What do I need to get started?

Typically your basic personal or corporate details, a means of identity verification (such as your BVN or RC number), and a bank account for settlement. The subscription flow guides you through each step.

How are my payments handled?

Payments are made through approved, secure channels shown in the portal. We never ask you to pay into a personal account, and you should never share your PIN, password or OTP with anyone.

Can I invest on behalf of a minor?

Yes. During subscription you can indicate that the application is for a minor and provide the minor's details, which are captured alongside your own.

How long does allotment take?

Allotment happens after an offer closes, following the approved allotment process. Timelines vary by offer and are subject to availability and regulatory approval.

How do I track my subscription?

Every submission gives you a unique bid reference number. Use it on the Track Subscription page to check the status of your application at any time.

Is a return on my investment guaranteed?

No. Share prices can rise or fall and dividends are never guaranteed. Investing carries risk to your capital. If in doubt, consult your stockbroker or a licensed financial adviser before subscribing.

Ready when you are.

Browse the offers currently open and start a subscription whenever you're set.

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This page is for general information only and is not investment advice. Always read the relevant Prospectus and, where in doubt, consult your Issuing House, stockbroker or a licensed financial adviser before subscribing.