Many Nigerian investors are looking beyond the NGX to hedge against naira depreciation and gain exposure to global markets.
Here’s how you can invest in US stocks from Nigeria.
Here’s how you can invest in US stocks from Nigeria.
Step 1: Choose a Global Investment Platform
Several platforms allow Nigerians to invest in US stocks, including:- Bamboo
- Trove
- Chaka
- Risevest
Step 2: Complete KYC Verification
You’ll need:- Valid ID
- NIN
- Proof of address
- Bank account details
Step 3: Fund Your Account
Most platforms accept:- Naira funding (converted to USD)
- Direct USD transfers (if available)
Step 4: Buy Shares or ETFs
You can invest in:- Individual stocks
- ETFs (like S&P 500 trackers)
- Dividend stocks
- Growth stocks
Why Nigerians Invest in US Markets
- Hedge against currency risk
- Access to global companies
- Broader diversification
- More stable regulatory environment