Apps & Software

Where Can I Invest My Money and Get Daily Profit in Nigeria?

Due to the interest of people to get involved in something that will get them funds, the question of where can I invest my money and get daily profit in Nigeria pops up. Well, this might be for all Nigerians but it necessarily doesn’t matter your nationality.

The bone of contention is that every individual needs something that will add up to their income daily monthly and so on. Do you want to invest online and earn daily? Would you like to stick to something you can control and monitor? Will if that’s a yes, then you should continue reading as we will be giving you all you need to know to make your dreams achievable.

What is Online Investment Platform Known For?

Online investment platforms are website that allows users to buy and hold shares, bonds, and also funds in one place. Furthermore, it allows them to trade and increase their funds with a definite return. The is no gain say, saying that many people who have been involved with online investment, are massively growing their worth by investing in a range of financial products (shares, bonds, etc.) which we listed at the besting of the header.

You might be wondering how many online investment companies are available and which is best. Well, there is a lot of online investment. And each and every one of them has a different way of functionality. Some of them allow users to earn daily, some monthly, and so on.

How Do Financial Platforms Work?

A trading platform also known as a financial platform, gives investors an online interface. This gives them the opportunity to venture into various markets, place trades, monitor positions and also manage their accounts. These platforms offer a lot of other amazing features which include, real-time quotes, live business and financial news feeds, instant access to wealth of streaming, historical financial data, and others.

How to Invest Money Online in Nigeria

It is true saying that it takes a disciplined mind to be successful. However, it also takes a practical mind as well. With that said we will be giving you a list of how you can invest money online in Nigeria and get a good and reasonable return. You can check that out below:

  • First, give your money a goal.
  • Then decide how much help you want.
  • When that is done, pick an investment account or platform.
  • Open your account.
  • Then choose an investment that matches your tolerance for risk.
  • Lastly, in other to get massive growth, you will have to invest in stocks and stock funds.

These are all you need to do to become a successful online investor.

How Can I Choose the Right Online Investment Platform

Below are tips that will help you pick the right investment platform:

  • Make research about reputation and people reviews on companies
  • Check and compare the fees of different platforms to choose the one that is best for you.
  • Consider the investment options and account minimums.
  • Choose an investment platform that has a user-friendly interface.
  • Consider choosing a platform that offers good customer service.
  • Go for a website with strong measures to protect your personal and financial details.

These are perfect ways to choose the right online investment platform.

7 Best Online Investment Website That Pays Daily in Nigeria

Binance

Binance is a well-known cryptocurrency exchange platform that allows users to buy, sell, and trade a wide range of cryptocurrencies. It provides a user-friendly interface, a variety of trading pairs, and features such as spot trading, futures trading, staking, and more.

While Binance is primarily known as a cryptocurrency exchange, it also offers various investment opportunities through its platform.

It was Launched in 2017 by Changpeng Zhao who is a Chinese-born Canadian businessman, investor, and also software engineer.

PiggyVest

PiggyVest is a Nigerian online saving and investment website that aims to help individuals save and invest their money effectively. It provides users with tools and features to manage their finances, save towards specific goals, and invest in various opportunities. It holds key features like savings, safe lock, investing, Flex dollar, Group saving, and more.

It was launched on the 7th of January 2016 as Piggybank. And in April 2019, the platform rebranded to “PiggVest” and extended its services y offering both saving and direct investment opportunities to all its users.

Pillow Fund

This is an app that is made to provide security and also accessibility to a good means of building financial sustenance. It offers an amazing financial cushion or emergency saving services that help users save and invest.

With this application, you can save both in dollars and Naira while earning passive income daily. The company is located in Singapore but it is currently operating in over 70 countries including Nigeria.

Risevest

Risevest is an online investment platform that aims to make global investment opportunities accessible to individuals in Nigeria and other African countries. It provides users with the ability to invest in different asset classes, including stocks, bonds, and real estate, both locally and internationally. It was launched in 2019 by Eke Urumand it has its headquarters mandated at No.358 Herbert Macaulay Way, Yaba, Lagos, Nigeria.

It offers various service which includes Global investments, Diversification, auto investing, Fractional investing, real estate, and more. Hence, it functions as a personal investment and advisor.

Chipper Cash

Chipper Cash is an application that offers users easy means to make various types of financial transactions such as sending and receiving money, paying bills, make purchasing of data and airtime also making investments with daily returns. With the use of this app, you can invest in stocks, bonds, shares, crypto coins, and lots more.

Cowrywise

Cowrywise is a Nigerian fintech platform that provides digital savings and investment solutions. It aims to make saving and investing accessible to individuals with various income levels and financial goals. It offers a user-friendly mobile application through which users can manage their finances and grow their wealth.

Cowrywise financial company was established by Ahmed Razaq (CEO) and Edward Popoola (CTO) to digitize the investment management sector in Africa.

Chaka

Chaka is a Nigerian financial technology (fintech) company that provides an online investment platform. It aims to make investing in local and international assets more accessible to individuals in Nigeria and across Africa. Chaka offers a user-friendly mobile application through which users can invest in a variety of financial instruments.