Nigeria: The Economics of Gen Z Participation in Nigerian Financial Markets and the Risks of Retail-driven Investment Growth

[InfoWire] Young Africans used to invest their money through three main methods, including saving in bank accounts, participating in chama groups, and purchasing stocks through informal or poorly understood brokers. Today, that system has shifted. Users can now initiate transactions on their phones while standing in matatu lines, using a few taps to follow social media tips that often require only small amounts of capital. Forex , shares, crypto, and money market funds are often grouped together in people’s minds,