Through the article, the readers will be able to understand various sectors through which investment in Nigeria can be successful. The list of various investment platforms in Nigeria will also guide you on which to choose for your investment options.
Looking for some of the best investment opportunities in Nigeria? Then you might want to go through this article. As one of the most populated black nations, Nigeria is filled with some of the best opportunities for investment in Nigeria. Right from health to agriculture these investment opportunities have helped people gain immense profits. Regardless of the budget size, now some opportunities are best for investment in Nigeria. If you are curious as to how you can get the best returns here is a guide to the same.
List of the Best Investment Opportunities in Nigeria
If you are looking for some of the legit investment platform in Nigeria that will not only allow safe investment opportunities in Nigeria but also ensure you get the best ROIs then here is a list of the investment platform in Nigeria.
Bank Investments
Bank waving is one of the best ways to get opportunities for investment in Nigeria. Potentially each bank has an investment or saving platform that is open to its customers to encourage the reliability of the bank. Therefore, if you are looking for some of the ways through which you can grow your wealth then you might want to consider bank investments as they are the best investment in Nigeria. Some of the banks also offer as much as 10 to 15% of annual interest on investments.
Cryptocurrency and Blockchain Investments
Not only in Nigeria but in all over the world, cryptocurrencies and blockchain is considered to be one of the riskiest and biggest investment opportunities in Nigeria. Cryptocurrency is currently not only driving the digital transaction space but is also driving financial technology around the world. Investing in bitcoins, Litecoin is one of the best investments in Nigeria as they provide great rewards once you are done investing.
Investing in stable currency
You may protect yourself from inflation and currency devaluation by investing in dollars. It is advised to invest in the US dollar because it is by far the most stable currency in the world.
11 Best Investment Dollar Investment Apps that will help you earn millions.
Investment in dollars is now one of the most famous ways of investment in Nigeria, here are some of the investment platforms in Nigeria that will provide a great opportunity to get your hands on heavy annual returns.
- Pillow
Pillow is one of Nigeria’s best opportunities when it comes to investing in dollars. You can increase your passive income while investing through the legit investment platform in Nigeria. Earn an additional 14% yearly interest on your deposits. With access to 60+ countries, you can get easy access to sell and trade via Pillow.
- Rise
Rise is one of the digital dollar asset managers that has been made available to Nigerians which helps them link to international investment opportunities. Rise also helps Nigerians by acting as a fund manager and enabling them to buy and manage various stocks.
- Trove
With Trove you get to invest in various financial assets. These assets can also be sold with funds being directly deposited into the bank account of the user. With as little as $10 it is possible to start investing using Trove.
- Chaka
Chaka allows investing in global brands with any amount of money irrespective of the price allotted per share. Chaka also provides a portfolio service that will help specify goals and risk profiles.
- Bamboo
Bamboo is one of the easiest ways to access great investment opportunities while also earning great returns. The options can range from mutual funds to other African companies that you’d like to invest in.
To get a simple yet best investment in Nigeria, Gemini is the platform to check out. Gemini also provides investment opportunities that are elegant, simple, and secure.
Uphold is a multi-asset global platform that helps you to get a secure place to trade and sell your digital assets. With various options for investment, you can select the ones that you’d like to invest in for better returns.
Coinbase is one of the easy and secure ways to invest, spend, earn, save and use your money and other digital assets. It is not only a fair, accessible efficient system but is also quite transparent so customers get to know all about the transactions.
If you’d like to invest using Naira then Binance is the platform for you. With a secure way to carry out cross-border transactions, it is easier to make payments and conduct investments in Nigeria.
- Kraken
Kraken is an investment platform in Nigeria that helps people instantly to invest in various assets while also helping them keep tabs on their existing investments. It also allows buying or selling of your assets on the go.
Bitstamp allows various investment opportunities based on various digital assets. They hence provide great financial independence and secure freedom of choice to all people who would like to get their wealth increased.
Top 5 Reasons To Invest In Currencies
- Diversification
- Level Playing Field
- Global Economic Hedge
- Capital Appreciation
- Hedge Against Political and Event Risks
Real Estate Investments
Investing in real estate in Nigeria has proven to be the best investment in Nigeria. However, if you are to enter the real estate investment range you will need to possess high capital. People in Nigeria tend to face issues with accommodation which provides a great opportunity for real estate investors to grow their wealth. Investing in real estate, especially in commercial parts of Nigeria will attract high ROIs.
Agriculture and Livestock Investments
The agriculture industry is one of the integral parts of Nigeria’s economy. This type of investment also tops the best investment opportunities in Nigeria. If you are not interested in direct farming, you can also invest in livestock farming as this will also allow great profits. The government is also making efforts to improve the agriculture sector which provides an additional push.
Bonds and Stocks Investments
As much as 13% can be earned on an annual basis when people opt to invest in bonds and stocks. Also, the Federal Government is introducing great investment opportunities for people in Nigeria.
Conclusion
While there is a myriad of investment opportunities in Nigeria, it is important to check out the one profitable to you and based on your budget. Some of the best industries apart from the ones mentioned above can be said to be the transportation, logistics, and oil and gas sector. In all just ensure to weigh your investment options before you choose which one, you’d like to invest in.
