From left to proper: Temitope Oludimu – COO, Meristem Stockbrokers Restricted
Razaq Ahmed – CEO/CO-founder, Cowrywise
Mr. Obinna Egbuniwe – Senior Supervisor, Fintech & Innovation Workplace (FINO), SEC Lagos Zonal Workplace
Saheed Bashir – MD, Meristem Stockbrokers
Babangida Yahaya – Head, Depository Providers, (Central Securities Clearing System), CSCS
Tolulope Obajemu – Group Lead, Coverage and Advisory, NGX
Edward Popoola – MD/CEO CFTL Digital Providers Restricted
Mubo Olasoko – DGMD, Meristem Securities Restricted at a press occasion to launch the Cowrywise Inventory Investing Product, held in Lagos not too long ago
Cowrywise, Nigeria’s main funding tech enterprise, together with its sister firm, CFTL Digital (a digital sub-broker, licensed to hold out brokerage companies), and Meristem, the famend capital market conglomerate, have entered right into a strategic alliance solid in a shared perception: that each Nigerian deserves entry to wealth-building alternatives. By combining Cowrywise’s modern digital platform with Meristem Stockbrokers’ trusted market infrastructure, each firms purpose to revolutionise the Nigerian inventory funding market. Collectively, they’re considerably reducing the limitations to entry, making certain that each Nigerian armed with a smartphone and knowledge should buy shares seamlessly—no matter social standing. This partnership permits Nigerians to develop into shareholders, develop wealth as firms succeed, and participate within the Nigerian dream.
In a press occasion themed “A partnership that strikes the market ahead”, the 2 organisations formally kicked off the collaboration with the launch of Cowrywise’s disruptive Inventory Funding function, by means of CFTL Digital, its sister firm, on the Cowrywise app. Established in 2017 and led by Razaq Ahmed (CFA) and Edward Popoola, Cowrywise has created a dynamic and personalised all-in-one funding app to assist Nigerians make investments primarily based on their life-style decisions and private preferences. This stage of flexibility and personalisation implies that retail buyers can really benefit from the ritual of investing. It not has to really feel like a chore or a burden. By constructing the app on the intersection of life-style, accessibility, and earnings, Nigerians can really embrace the journey to constructing lasting wealth.
That is in step with our mission: to make investing as simple as sending a tweet. “Cowrywise’s merchandise encapsulate the wants of the on a regular basis Nigerian trying to construct wealth in a method that matches their life-style and their pocket,” mentioned Grillo Adebiyi, Advertising Supervisor, Cowrywise. “Our customers can begin investing with as little as ₦5,000. With this new inventory product, we’re creating much more alternatives for Nigerians to develop their monetary futures.”
The Nigerian equities market delivered its strongest month-to-month efficiency of the 12 months in July 2025, with the NGX All-Share Index surging 16.57% to shut at 139,863.5 factors. Market capitalization expanded by ₦12.62 trillion, reaching ₦88.4 trillion. Beneficial properties have been broad-based, reflecting sustained investor confidence, optimistic earnings releases, and elevated participation from each native and overseas buyers.
The rally was constant throughout all buying and selling weeks in July 2025, underscoring a resilient bullish sentiment. This efficiency highlights renewed optimism within the Nigerian capital market, positioning it as one in all Africa’s top-performing bourses for the interval.
To assist Nigerians make the most of the rising capital market, Cowrywise, by means of CFTL Digital, launched Shares by Cowrywise. In the course of the demo session, Product Lead at Cowrywise, Yarmirama Ashama, showcased ground-breaking options designed to disrupt the inventory funding market. Options such because the real-time market dashboard, liquidity scores, academic content material and a wealth of insights on every listed firm have been fastidiously curated to assist buyers buy shares with confidence.
However an intuitive front-end interface alone isn’t sufficient. For inventory investing to actually scale, it should relaxation on a basis of belief and execution excellence.
That’s the place Meristem Stockbrokers Restricted steps in.
Extra than simply powering the again workplace, Meristem is the trusted gateway that connects buyers to the Nigerian capital market. With over 20 years of market management in stockbroking experience, a robust regulatory basis, and a confirmed observe report underneath the management of Bashir Saheed Adewale, (FCA, FCS), Meristem ensures that trades are executed with precision, pace, and integrity. Each purchase and promote order is dealt with with a dedication to “greatest execution”—delivering essentially the most advantageous outcomes possible underneath prevailing market situations.
“We don’t simply execute trades; we allow confidence,” mentioned Adefemi Taiwo, Head of Advertising and Company Communications at Meristem Nigeria. “Our infrastructure and dedication to greatest execution be sure that each investor, regardless of their background, has entry to world-class capital market companies. Partnering with Cowrywise wasn’t only a strategic resolution; it was a shared imaginative and prescient to disrupt the market and transfer it ahead.”
Beneath the management of Saheed Bashir, Meristem Stockbrokers has persistently demonstrated unmatched experience—from being the only real winner of the Digital Dealer of the Yr Award by NGX in 2018, 4 years after launching the primary ever on-line real-time inventory buying and selling platform in Nigeria in 2014, to executing the only largest commerce within the almost 60-year historical past of the Nigerian Trade in 2017, a feat that speaks to its operational power and credibility. Right this moment, that very same quest and infrastructure powers Cowrywise’s democratised entry to the stock market.
This partnership is one other milestone in Meristem’s journey from a legacy stockbroker right into a dynamic, investor-focused enabler of economic inclusion. By mixing its heritage of belief with forward-looking innovation, Meristem ensures that each Nigerian can make investments with confidence.
Cowrywise and Meristem’s partnership is greater than only a technical integration; it’s a shared mission to rewrite the narrative of who will get to put money into Nigeria. Whether or not you’re a college pupil investing ₦5,000 or a seasoned skilled diversifying your portfolio, the market is now inside your attain.
What occurs when an unstoppable pressure meets an unshakable basis?
On this case, they be part of forces—to maneuver the inventory market ahead.
Go to www.cowrywise.com/stocks, and be one of many first to buy shares of as much as 140 firms listed on the Nigerian Trade through Cowrywise.
