Market facts
| Exchange | Nigerian Exchange Group (NGX) |
|---|---|
| Regulator | SEC Nigeria |
| Currency | NGN |
| Main index | NGX All-Share Index |
Prices on Tradzy
We do not show live prices for Nigeria yet. A market joins Tradzy Markets when we have a price source we are allowed to publish. Until then this page explains how the market works.
How investing works in Nigeria
Shares in Nigeria trade on the Nigerian Exchange Group. To buy them you need a broker that is able to trade on that exchange, and you pay in NGN.
The regulator is the SEC Nigeria. It licenses brokers and publishes the rules for listed companies, so checking that a broker is registered with it is the first step.
Before you invest, read the rules for foreign investors in Nigeria: some markets limit who may buy, and some restrict how money leaves the country. Our guide on foreign investor rules covers what to check.
Prices are quoted in NGN. If you live in another currency, a move in the exchange rate can change your return even when the share price does not move. See currency risk for foreign stocks.
Learn before you trade
- Inflation and your money: why cash can lose value and what to do about it
- How to buy shares in Nigeria on the NGX: a step-by-step guide
- How to check a foreign broker before you open an account
- How to read a country index
- How stock indexes work
- Why to practise with paper money first
See all the countries on the countries page, or the trading guides.