A BEGINNER'S GUIDE TO INVESTING IN THE NIGERIAN STOCK MARKET The Nigerian Stock Exchange (NGX) is one of Africa’s most dynamic financial markets, offering opportunities for wealth creation and long-term growth. For beginners, the key is understanding how it works, minimizing risks, and investing wisely. Unlike gambling or quick-money schemes, stock market investment requires knowledge, patience, and strategy. With discipline, anyone can use the Nigerian stock market as a path to financial independence. STEPS TO START 1. EDUCATE YOURSELF Before investing, learn the basics. Familiarize yourself with common financial terms: Shares/Stocks – Units of ownership in a company. Dividends – Profit shared with shareholders. Bonds – Debt securities issued by governments or corporations. Mutual Funds/ETFs – Pools of funds invested in a basket of stocks or bonds. Knowledge reduces fear and helps you make informed decisions. 2. CHOOSE A STOCKBROKER You cannot buy shares directly from the NGX. You...