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5 Ways To Invest Your Money As A Youth In Nigeria - Career - Nairaland

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5 Ways To Invest Your Money As A Youth In Nigeria by Kalifornia: 12:28am On Aug 20, 2020
1). Nigerian Stock Exchange
The Nigerian Stock Exchange is a place to consider when searching for where to put some money. Make stocks part of your portfolio.

A stock is a unit of the share of a company that is traded on the floor of the Nigerian Stock Exchange (NSE). It is also often referred to as a share. Every company has shares which the owners lay claim to. When you go to register a company at the Corporate Affairs Commission (CAC) you typically say your authorised share capital is N1m made up of 1m ordinary shares of N1 each.

This means your initial capital at the start of your company is N1million represented by those shares. Whilst the value of your capital may increase over time, your shares remain the same till you decide to increase it again and register the same with the CAC. When the shares are listed on the floor of the NSE they are tradable as stocks meaning people can buy or sell them.
See full text here: https://ariariaonline.com/blog/5-ways-to-invest-your-money-as-a-youth/

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