 Shares in Nigeria the recommended way){kind=link}
Thanks to a well-designed system, Investors aren’t restricted to purchasing the shares of companies only listed in their locality. You are actually at liberty to purchase shares of companies listed in the diaspora. Nigerians aren’t left out of this system. You will learn more about this international shares purchase in this article on how to buy Facebook (Meta) shares in Nigeria.
As an example of a company based abroad, Facebook shares are also available to people living in Nigeria, with or without foreign bank accounts and it is all thanks to fintech companies that saw the need and moved forward to proffer solutions.
Fintech Companies That Allow People To Buy Facebook (Meta) Shares From Nigeria
There are a plethora of companies that allow people living in Nigeria to invest in foreign shares/stocks like Facebook. However, to reduce your search, I have reduced them to a concise list of highly recommended ones and they are outlined below:
- Bamboo
- Trove
- Risevest
The Steps / How To Buy Facebook (Meta) Shares in Nigeria, With or Without A Foreign Account
- Select a platform (Bamboo, Risevest, Trove)
- Register
- Fund your account with either Dollars or Naira
- Within the apps, convert your naira to dollars (For users that funded their account with Naira)
- Proceed to buy Facebook shares
Please note that following the introduction of the Umbrella name Meta, there’s a high chance you will find the name Meta as the ticker in place of Facebook on these investment platforms.
Taking Bamboo Investment Platform As A Case Study
Bamboo as it is right now, falls in line as one of the first conveners of the international investment provision system in Nigeria. It offers its customers a very efficient and easy way to buy foreign shares like that of Facebook while living in Nigeria.
Just like any other investment platform, you will be required to register an account with Bamboo and amongst the particulars required would include a government-issued number like your Bank Verification Number or National Identity Number (Which is found on your NIN Slip)
Moving on, before you begin investing, you are also mandated to fund your account with a minimum of a certain amount. You can fund your account with Naira or dollars. Your Naira will then be converted to its Dollar equivalent once funded.
Begin Investing: Bamboo holds a sea of shares from companies spread across different countries, including the United States. To begin investing all you need do is click on the Invest tab and then proceed to search and select the company Whose share you desire. In this case, you would probably be searching for Facebook (Meta).
Please note that Bamboo lists Meta in place of Facebook. This is due to the fact that all the companies managed by Mark Zuckerberg have been placed under Meta.
The feature I love most about Bamboo is its Fraction Investment Scheme, which allows users to invest in a company, using funds that are less than the per unit share price. purchase How does it work and why do I like it so much?
After clicking on the company whose shares you want to acquire, you will be provided with the minimum share price, as well as a section to edit the amount you have. So instead of bothering or focusing on Facebook’s minimum share price, which at the time this article was published was approx 217,000 Naira, all you need do is input the amount you want to invest, thereafter, Bamboo will invest that fraction for you. So it’s a system where almost no one is left out. However, Information reaching us at the time this article was written and published, showed that the Bamboo allows a minimum of 1,500 Naira for investments.
Wrapping up: Investing in company shares is one of the top ways to build wealth, however, you can also do so using the right channels. Now that we have discussed how to buy Facebook (Meta) shares in Nigeria, you can go ahead to utilize any of the platforms mentioned to secure your Facebook share. If you have any contributions, please feel free to drop them in the comment section below.