This compilation by PositiveNaija aims to provide a reliable guide on Nigerian apps (mobile applications) for investing in stocks, treasury bills and other financial products in Nigeria.
Stock: A stock (also known as equity) is a security that represents the ownership of a fraction of a corporation. This entitles the owner of the stock to a proportion of the corporation’s assets and profits equal to how much stock they own. Units of stock are called “shares”.
Bond: A bond is a fixed income instrument that represents a loan made by an investor to a borrower (typically corporate or governmental).
Treasury Bills: Treasury bills are tax-free, low risk, short term debt instruments that are issued by the Central Bank of Nigeria (CBN) for government budget deficit.