The Nigerian Exchange Group (NGX Group) has integrated WhatsApp into its NGX Invest platform, allowing investors to subscribe to public offers directly through the messaging app. Investors can start the process by sending the word “Invest” to the official NGX Invest WhatsApp number, +234 812 731 9521. This new feature eliminates the need to download a separate application, streamlining access to eligible investment opportunities.
How Investors Can Subscribe via WhatsApp
To use the service, investors simply send “Invest” to the designated WhatsApp number. After initiating the conversation, users are guided through available public offers and the steps required to submit an application. NGX Group stated that this move is part of its broader strategy to leverage technology and strategic partnerships to make Nigeria’s capital market more accessible to a wider population.
The exchange explained that integrating WhatsApp into NGX Invest reduces barriers investors face when accessing primary-market opportunities. It also allows issuers to reach a larger pool of potential investors, broadening participation in public offers, rights issues, and initial public offerings (IPOs).
Stockbrokers Remain Essential in the Process
Despite the new WhatsApp option, investors are still required to select a stockbroker to process their applications. WhatsApp serves primarily as an access point to the NGX Invest platform, while the actual subscription continues through the regulated infrastructure supporting the public-offer process. This ensures that the existing stockbroker-based subscription process remains intact, with WhatsApp providing an additional route for investors.
The WhatsApp integration has been added to the wider NGX Invest distribution network, which is connected to more than 100 channels through application programming interface (API) technology. These channels include stockbrokers, banks, fintech companies, mobile network operators, and other financial institutions, expanding access beyond traditional investment channels.
NGX Invest Has Raised Over N3 Trillion
NGX Invest, launched in 2024, provides an electronic platform for public offers, rights issues, and IPOs. According to NGX Group, the platform has supported more than 23 primary-market transactions and facilitated over N3 trillion in capital raising since its launch. Through its API connections, NGX Invest allows financial institutions and other distribution channels to make public offers available to their customers, broadening the reach of investment products in Nigeria.
NGX Group urged investors to exercise caution when using the new service. The exchange advised users to transact only through the official NGX Invest WhatsApp number and warned against sharing passwords, personal identification numbers (PINs), one-time passwords (OTPs), or other sensitive information with third parties. The WhatsApp integration therefore provides an additional route for investors to access public offers but does not replace the existing stockbroker-based subscription process.
