7 Best Investment Apps in Nigeria (2025) for Safe & Profitable Returns

Scam investment apps have become more common in Nigeria, they trick users with promises of high returns and then disappear with their money. It’s more important now than ever to stick with platforms that are trusted and properly regulated.

Apps like Risevest, PiggyVest, Bamboo, and Cowrywise have built strong reputations by offering secure, transparent investment options. They make it easy to start small and grow steadily.

This guide covers seven of the best investment apps you can use in 2025 to build wealth, avoid fraud, and take control of your financial future. 

Top 7 Investment Apps in Nigeria

Investment apps make earning money online in Nigeria easier than the traditional method of buying stocks or bonds, which often involves paperwork and physical visits to institutions or brokerage firms.

Let’s take a look at the top 7 investment apps in Nigeria I recommend:

1. Risevest
2. Bamboo
3. Chaka
4. Trove
5. Cowrywise
6. Piggyvest
7. I-Invest

Next, we will examine each investment app one after the other. 

1. Risevest

Risevest is a Nigerian investment platform that allows users to grow their wealth by investing in U.S. dollar-denominated assets, including stocks, real estate, and fixed income. Risevest offers expertly managed portfolios, so you don’t need to be an investment guru to get started.

Minimum investment: $10 (approximately ₦15,000–₦17,000)

Investment Portfolios

1. Stocks: Exposure to high-growth U.S. companies like Apple, Tesla, and Microsoft.
2. Real Estate: U.S. rental properties offering monthly income and long-term appreciation.
3. Fixed Income: Low-risk dollar assets, such as bonds, ideal for capital preservation.

Expected Returns

• U.S. Stocks Portfolio: ~14% annually
• Real Estate Portfolio: ~13.9% annually
• Fixed Income Portfolio: ~10% annually

2. Bamboo

Bamboo is a stock trading app that gives Nigerians real-time access to over 3,000 U.S. stocks, ETFs, and Nigerian equities. It is ideal for users who want to handpick and manage their own investment portfolio across local and global markets.

Minimum investment: $2 (approx. ₦3200–₦3,000)

Investment Portfolios

1. U.S. Stocks & ETFs: Trade major U.S. companies like Amazon, Google, and Netflix.
2. Nigerian Stocks: Access top equities listed on the Nigerian Exchange (NGX).
3. Fixed Returns: Bamboo also offers fixed-income products under Bamboo Fixed, with interest rates up to 10%.

Expected Returns

• Stock Portfolio: Varies based on market performance
• Bamboo Fixed: ~8% annually (fixed-income product)

3. Chaka

Chaka is a digital investment platform that lets Nigerians invest in over 4,000 assets, including stocks, ETFs, and fixed-income products across U.S., Nigerian, and global markets. It offers direct market access through its partnerships with licensed brokers.

Minimum investment: ₦1,000 or $10 (depending on asset type)

Investment Portfolios

1. U.S. & Global Stocks: Buy shares in international companies like Apple, Meta, and Alibaba.
2. Nigerian Equities: Trade stocks listed on the Nigerian Exchange (NGX).
3. ETFs: Diversify across sectors or regions through curated exchange-traded funds.
4. Fixed Income: Access local and foreign bonds and treasury bills for stable returns.

Expected Returns

• Global Stock Portfolio: Market-dependent (average 8–12% annually)
• Fixed Income: ~10–13% annually (depending on asset and duration)

4. Trove

Trove gives Nigerians access to thousands of assets across U.S., Nigerian, and Chinese markets. The platform is ideal for investors who want flexibility and a wide range of instruments, from stocks to government bonds.

Minimum investment: ₦1,000

Investment Portfolios

1. U.S. Stocks & ETFs: Buy shares in U.S. companies like Tesla, Amazon, and Disney.
2. Nigerian Equities: Trade stocks on the Nigerian Exchange (NGX).
3. Chinese Stocks: Access companies listed on the Chinese market.
4. Government Bonds: Invest in both federal and state-issued bonds.
5. REITs & Mutual Funds: Diversify through real estate and collective investment schemes.

Expected Returns

• Stock Portfolio: Market-driven ( usually based on performance)
• Bonds & Fixed Income: ~5.5–20% annually (depending on duration and issuer)

5. Cowrywise

Cowrywise is a fintech app that helps Nigerians build disciplined financial habits through automated savings and curated investment plans. It gives access to both Naira and Dollar mutual funds managed by top asset managers in Nigeria.

Minimum investment: ₦100

Investment Portfolios

1. Mutual Funds: Choose from a range of low, medium, and high-risk funds.
2. Dollar Funds: Invest in dollar-denominated mutual funds to hedge against Naira depreciation.
3. Savings Plans: Create automated savings targets for personal or group goals.
4. Halal Investments: Shariah-compliant investment options available for ethical investing.

Expected Returns

• Naira Mutual Funds: ~8–15% annually (varies by fund)
• Dollar Funds: ~5–10% annually
• Savings Plans: Not fixed; returns depend on selected fund type

6. Piggyvest

PiggyVest is a popular savings and investment platform that helps Nigerians automate their finances and grow wealth over time. It combines fixed savings tools with access to pre-vetted, low-risk investment opportunities.

Minimum investment: ₦5,000

Investment Portfolios

1. Pre-vetted Investments: Invest in low-risk opportunities across sectors like agriculture and fixed income.
2. Piggybank (Core Savings): Save periodically with flexible withdrawal options.
3. SafeLock: Lock funds for a fixed period and earn higher returns.
4. Flex Dollar: Save and hold funds in dollars to protect against currency depreciation.

Expected Returns

• Investments: ~10–35% annually (based on opportunity)
• SafeLock: ~22% annually
• Flex Dollar: ~5.5% annually (varies with FX market)

7. I-Invest

I-Invest is a mobile investment platform that allows Nigerians to buy treasury bills, fixed deposits, and other fixed-income securities directly from their smartphones. It’s ideal for conservative investors who prioritize safety and predictable returns.

Minimum investment: ₦100,000

Investment Portfolios

1. Treasury Bills: Short-term government securities with low risk and guaranteed returns.
2. Fixed Deposits: Earn stable returns over fixed durations through licensed financial institutions.
3. Eurobonds: Gain exposure to foreign-denominated bonds issued by the Nigerian government.
4. Commercial Papers: Higher-yield corporate-backed short-term investments (for verified users).

Expected Returns

• Treasury Bills: ~9–13% annually
• Fixed Deposits: ~6–8% annually
• Eurobonds: ~7–10% annually (dollar-denominated)

Criteria for Selecting an Investment App in Nigeria to Use

The popularity of an investment app doesn’t automatically make it the right choice for you. It must check key boxes like fund safety, ease of access, and alignment with your financial goals to truly be the best fit.

Here are some key factors to consider when selecting an investment platform in Nigeria:

1. Ease of Use: First, look for an app with a user-friendly interface. You want to be able to navigate the app easily, make investments without hassle, and track your portfolio effortlessly.
2. Investment options: Consider the types of investments the app offers. Some apps focus on stocks, while others include bonds, real estate, or mutual funds. Make sure the app provides the investment options that align with your financial goals.
3. Security: Security is important. Ensure the app has strong security measures, like encryption and two-factor authentication, to protect your money, as well as personal and financial information.
4. Fees and charges: Pay attention to the expenses associated with using the app. Some apps charge for transactions, while others may have monthly or annual maintenance fees. Compare these costs to ensure they fit within your budget.
5. Customer Support: Good customer support can be a lifesaver when you encounter issues or have questions. Go for investment apps that offer reliable customer service through various channels. 

Frequently Asked Questions About Investment Apps in Nigeria

1. Are investment apps in Nigeria regulated or safe to use?

Many investment apps in Nigeria operate in partnership with licensed financial institutions regulated by the Securities and Exchange Commission (SEC) or the Central Bank of Nigeria (CBN). However, it’s essential to verify the regulatory status and partnerships of each app before investing.

2. What’s the difference between savings apps and investment apps?

Savings apps primarily focus on helping users set aside money, often with fixed interest rates and limited risk. Investment apps, on the other hand, allow users to allocate funds into various assets like stocks, bonds, or mutual funds, which can offer higher returns but come with associated risks. Some platforms, such as PiggyVest and Cowrywise, offer both savings and investment features.

3. Do I pay tax on my investment earnings in Nigeria?

Yes, investment earnings in Nigeria, such as dividends and interest income, may be subject to withholding tax. The specific tax implications can vary based on the type of investment and current tax laws.

4. Can I lose money on these investment apps?

Yes, investing inherently carries risks. While platforms like Risevest, Trove, and Bamboo provide access to real assets, the value of investments can fluctuate based on market conditions. It’s crucial to assess your risk tolerance and diversify your investment portfolio accordingly.

5. How do I withdraw money from an investment app?

Most investment apps in Nigeria allow users to withdraw funds directly to their linked bank accounts. The processing time for withdrawals varies by platform: for example, PiggyVest and Cowrywise typically process withdrawals within 24 hours, while platforms like Bamboo may take 1–3 business days.

6. What happens if the app shuts down?

If an investment app ceases operations, the safety of your funds depends on the app’s structure and regulatory compliance. Apps that operate in partnership with licensed financial institutions often have custodial arrangements to protect user funds.

Conclusion 

Investing is easier than ever with reliable apps now widely available. Beginners and experienced users alike can find options that fit their goals. Risevest offers access to dollar-based assets, while PiggyVest combines savings tools with solid investment opportunities. 

The right platform can help you start strong or take your investing to the next level. So, choose based on ease of use, security, fees, and available investment options.

To get more financial information, advice or tips, feel free to go through the various articles on Noshers’ blog.