Nigeria Stock market is one of the avenues to make money legitimately in Nigeria. Without robbing the bank. This allows you the opportunity to send your money an errand, instead of working for money; you simply employ your money to work for you.
Are you considering making money through the Nigeria stock market? If yes! This post is for you.
In these steps by steps to invest in Nigeria stock market. You will learn the basic things required of you to be able to invest in the Nigeria Stock Exchange.
Note: Investing in Nigeria stock market, is not a get rich quick scheme.There are some risks involved but it is more risky not to take calculated risks.
STEPS TO INVEST IN THE NIGERIA STOCK MARKET
1.LOOK FOR A GOOD STOCK BROKER
The services and the help of a good stock broker will save you money and heartache.
2. OPEN A NIGERIA BROKERAGE ACCOUNT
To open a brokerage account in Nigeria you will need to do the followings:
Completes the CSCS Account opening form. CSCS stand for (Central Securities Clearing System) for more details on CSCS follow this link to read about it HERE!
Two colour passport photographs of you
Copies of utility bills that can be used to verify your residence
Make copies of your International Passport
Give the copy of your utility bill, original filled CSCS form, passport photographs, and photocopy of your ID to your broker.
3.After your trading account has been opened, put some money into your trading account.
4. Do your own research, attend seminars, read online posts about Nigeria Stock market and read books on investing in the Nigeria Stock market.
5.Present a trade mandate to your stock broker to help you buy your choices of investment.
You cam also read HOW TO MAKE MONEY IN NIGERIA BUYING SHARES