Bamboo users now have access to local equities, providing retail investors with access to the Nigerian capital markets.
Richmond Bassey, the Chief Executive Officer and co-founder of Bamboo, expressed enthusiasm about the potential of Nigerian stocks to deliver exceptional returns on investment while enabling investors to diversify their portfolios.
“We’re thrilled to finally launch Nigerian stocks on the Bamboo platform. Among our investors, local stocks are by far the most in-demand asset class and it’s clear why: the NGX delivers outstanding ROI and allows investors to diversify their portfolios.
Not only do Nigerian investors understand local stocks better since they use these products and services daily, but they are more affordable and accessible. We’re incredibly proud to play a role in deepening African capital markets, starting with Nigeria.”
“As we witness the launch of Nigerian stocks on the Bamboo platform, we congratulate them on this milestone and will continue to support innovations that enhance investor experience and grow the capital market,” commented Dr. Haruna Jalo-Waziri, an official of the Central Securities Clearing System Plc, acknowledging the significance of Bamboo’s initiative in advancing market accessibility.
Tunde Lemo, Chairman of Lambeth Capital, lauded Bamboo’s efforts in enabling individual investors to tap into the vast potential of the Nigerian economy.
