Currency: Naira (NGN)
Trading Hours: 9:30—14:30 (GMT+1)
Capital Gains Tax: None
Income Tax: 10% withholding tax on dividends; 10% on interest
Brokerage: 1.00% commission + 0.75% statutory fees
Nigerian Stock Exchange
2 thoughts on “Nigerian Stock Exchange”
Investing in Payment processing startups.
I’m interested in investing in startup in Nigeria. My interest is in payment services/IT startups.
Whats your thought?
Thanks and looking forward.
I’m afraid I don’t have any experience investing in Nigerian startups. But there is a payment processor listed on the Nigerian Stock Exchange that you may want to check out. Its name is ETranzact, and any registered broker can help you purchase shares.