What Is a Stock?
A stock is a unit of ownership in a company. When you buy a stock, you’re buying a share of that company, its profits, growth, and long-term value.
If the company performs well, your shares increase in value. You can also earn income from dividends, regular payouts made to shareholders from company profits.
Think of it like this: if a company is a big pot of soup, a stock is your personal spoonful. If the pot gets tastier (the company grows), so does your spoon.
For example, GTCO has paid consistent dividends over the years, averaging around 6–8% annually, making it one of the more stable dividend-paying stocks in Nigeria.
Why Nigerians Are Moving From Savings to Stocks
Let’s look at the numbers:
- 2–5%: Average annual interest from savings accounts
- 18–22%: Average annual inflation rate in Nigeria
- 15%: Historical average return of the Nigerian Exchange (NGX) over the past decade including dividends
And real-world performance?
If you had invested in GTCO stock in June 2019 and held until June 2024, your investment would have grown by over 130%, excluding dividends.
In contrast, money left in a regular savings account would have lost real value due to inflation.
Common Myths About Investing in Stocks
Myth: You need millions to start
Reality: Cowrywise is building a product to make stock investing simple and accessible , no large capital required.
Myth: Stocks are too risky
Reality: While stocks can lose value in the short term, they’ve consistently built long-term wealth for investors around the world. What matters is investing steadily and being guided through it.
Learn While You Invest
We’re not just giving you access, we’re giving you support.
Our upcoming product offers:
- Easy-to-follow investment lessons
- Step-by-step guidance through your first investment
- Curated exposure to sectors like banks you already use, telecoms that keep you connected, and brands you love
You’ll never feel lost. You’ll grow with insight and confidence.
Trust Matters, And We’ve Earned It
Cowrywise is trusted by over 800,000 Nigerians and has helped users save more than ₦35 billion.
We are registered with the Corporate Affairs Commission (CAC) and operate as a fund/portfolio manager regulated by the Securities and Exchange Commission (SEC).
“I started with ₦5,000 monthly savings on Cowrywise. Now I’m ready to invest in Nigerian banks and telcos through their new platform , and I know I’ll be guided along the way.”-Oluwaseun, Lagos
Get Early Access, Launching Soon
The Cowrywise stock investing experience is coming soon.
Join over 12,000 Nigerians already on the waitlist. Now is the time to start building real wealth, not just saving for it.
