Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Hisa Lets Nigerians Start Investing With Less Than ₦1,500

Retail investors traded ₦3.39 trillion of equities on the Nigerian Exchange in the first half of 2026, up 130.4 per cent from ₦1.47 trillion a year earlier, according to the exchange’s Domestic and Foreign Portfolio Investment Report. Based on the report’s total of ₦9.61 trillion in transactions, retail trading made up a little over a […] The post Hisa Lets Nigerians Start Investing With Less…

The Nigerian Exchange reported a 130.4 per cent increase in retail investors trading equities during the first half of 2026, with a total of ₦3.39 trillion traded compared to ₦1.47 trillion the previous year. Despite this growth, many households remain uninvolved, primarily due to the high cost of entry. Traditional stock trading requires substantial capital, brokerage fees, and a considerable portfolio to be worthwhile for small investors.

Chaka Technologies Limited, the first SEC-licensed digital sub-broker in Nigeria, introduced Hisa, an app designed to overcome these barriers. Launched in April, Hisa offers a simpler interface, a broader selection of stocks, and lower fees compared to its predecessor, the Chaka app. The app's standout feature is fractional investing, allowing users to buy a portion of a stock instead of a whole share.

With a starting investment of $1 (less than ₦1,500), even those with limited disposable income can begin investing. Although this reduces the capital needed, it's important to note that share prices fluctuate, and investors can still incur losses. However, the lower entry point and minimal trading costs make it an attractive option for beginners.

New users who join Hisa before the end of the year enjoy zero commission on all buy and sell trades across Nigerian and US stock markets. After the promotion ends, the first three trades remain commission-free. Hisa's equities trading is connected to the market through regulated pathways under Chaka's SEC digital sub-broker license, ensuring users' trades are handled by a trusted entity with regulatory oversight.

Customers can contact a human agent through chat, email, WhatsApp, or phone during and after trading hours, and Hisa provides daily stock market spaces on social media and a Telegram channel for learning. Ultimately, the success of any investing app lies in converting interest into actual investments. Hisa's message is clear: the market can start with a first trade of any size. To begin, users can visit www.hisa.co or download the app from the App Store or Google Play.

Written by urgent.news from Nairametrics's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at nairametrics.com →

More in Finance & Markets

More from Wednesday 7 October →