Website: www.nse.com.ng
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
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Investing in Payment processing startups.
Hi Ryan,
I’m interested in investing in startup in Nigeria. My interest is in payment services/IT startups.
Whats your thought?
Thanks and looking forward.
Theo
Hi Theo,
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.
Happy investing!
Ryan