Yes, and the honest version of that answer needs a date attached. Risevest spent most of 2025 without a Nigerian capital market licence, and the Securities and Exchange Commission publicly warned Nigerians against it in January 2025. That changed on 22 February 2026, when the SEC granted a Fund and Portfolio Manager licence to its…
Usually yes, but not instantly, and not always without cost. Most Nigerian money market funds allow withdrawal on request with settlement in a few working days. Equity and bond funds are also redeemable, but you receive the unit price on the day you sell, which may be lower than the day you bought. Some funds…
Short verdict: Bamboo is a legitimate, SEC registered way for Nigerians to own US shares, and it is best suited to someone investing a meaningful amount and leaving it alone for years. It is a poor fit for small balances traded often, because a 1.5 per cent trade fee and a flat $45 dollar withdrawal…
Yes. Bamboo was built for Nigerians, it is registered with the Securities and Exchange Commission in Nigeria, and you can open an account with a Nigerian phone number, a Nigerian bank account and a BVN. Nothing about using it from Nigeria requires a foreign address or a foreign card. The longer answer is about what…
Most states have one postal centre of gravity. Delta State has four, which is why it carries four telephone area codes and several postal blocks. 320001 is the Asaba head office code for forms, the state’s codes open 32, and the range ends at 334111. Delta sits in postal region 3 with Edo, Ondo and…
The commuter belt along the Abuja boundary holds a large share of Nasarawa State’s population, and almost every person in it writes an Abuja address. Postally they are wrong. State codes open 95, reach 962104, and the Lafia head office code follows the national pattern at 950001. Nasarawa is in postal region 9 with the…
Taraba State climbs from the Benue lowlands to the Mambilla plateau, the highest inhabited ground in Nigeria, on roads that make distance a poor guide to delivery time. Codes open 66, run to 672101, and 660001 is the Jalingo head office code. Taraba completes postal region 6 alongside Borno, Yobe and Adamawa. It is one…
Check any Jigawa State code table online and you will find Kano’s codes sitting in it, a leftover from the 1991 split that nobody has corrected. Jigawa State’s own codes open 72 and run to 733101, and the Dutse head office code follows the national pattern at 720001. Jigawa sits in postal region 7 with…
The Niger and the Benue meet at Lokoja, and Kogi State’s postal geography still follows the rivers: three separate axes, three commercial centres, one capital in the middle. 270001 is the Lokoja head office code, and published state codes run from 260101 to 272105. Kogi is in postal region 2 with Oyo, Osun and Kwara….
100001 is the first postal code in Nigeria. Not the most famous, though it is that too: literally the lowest number the national plan issues, because NIPOST numbered the country outward from Ikeja. Every other Lagos State code begins with the same 10 and the range stops at 106104. Lagos shares postal region 1 with…