Nigeria’s rising retail investment culture is pushing investment firms into a new competition beyond stockbroking one centred on technology, seamless access and regional scale.
Afrinvest is the latest firm seeking to strengthen its position in that market with plans to roll out direct IPO subscriptions, expand into cross-border investing and integrate banking services into its digital investment platform.
The company unveiled the strategy during its Afrinvest Meetup in Lagos, where executives outlined plans to deepen retail participation in the capital market while responding to concerns from users affected by recent trading disruptions on the platform.
Read also: Afrinvest marks 30 years, to unveil 20th banking sector report
A key part of the company’s next growth phase is Afrinvestor 2.0, an upgraded application that allows users to access equities, treasury bills, bonds, commercial papers and public offers from one platform.
Taiwo Ogundipe, managing director of Afrinvest Securities Limited said the platform was
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