NGX Group Launches WhatsApp Feature for Share Subscriptions
The Nigerian Exchange Group (NGX Group) has introduced a new feature allowing investors in Nigeria to subscribe to public offers and buy shares through WhatsApp, integrated into the NGX Invest platform. To access this service, investors need to send “Invest” to the official NGX Invest WhatsApp number, +234 812 731 9521.
After initiating the conversation, users will receive guidance on available public offers and the application process. This initiative aims to reduce barriers to accessing primary-market opportunities and expand the reach of issuers to potential investors.
Despite the new WhatsApp option, investors are still required to choose a stockbroker to process their applications, meaning that WhatsApp serves as an access point rather than a replacement for the existing subscription process. The WhatsApp integration is part of a broader NGX Invest distribution network connected to over 100 channels, including stockbrokers and financial institutions.
NGX Invest, launched in 2024, has facilitated over N3 trillion in capital raising through more than 23 primary-market transactions.
Plus234Feed summary based on reporting from Legit.ng. Read the original report below.
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