Cowrywise Tops 1 Million Stock Trades, Adds Curated Stocks

In Short

• Cowrywise says it has processed more than 1 million stock trades, one year after launching its Stocks product.
• The company is rolling out a curated stocks feature with analyst-backed “buy,” “sell,” and “hold” labels.
• The update comes as retail participation on the Nigerian Exchange (NGX) keeps climbing.

What Happened

Cowrywise says it has crossed 1 million stock trades, a sign that more Nigerians are using apps to buy and sell local equities. A stock trade is a completed buy or sell order.

The Nigerian investment fintech is also launching a curated stocks feature. It lets users choose from selected listed companies, each tagged with a simple rating, “buy,” “sell,” or “hold.” Those labels are based on analyst research, which is professional analysis of a company’s performance and prospects.

Cowrywise’s product team says the goal is to make stock investing feel less complicated for first-time investors. In an interview with TechCabal, Cowrywise Associate Vice President of Product Yarmirama Ashama said the bigger opportunity is not just access to stocks, but access that is simpler and more intuitive.

The timing matches broader market activity. NGX data shows domestic investors traded about ₦4.53 trillion, around $3.42 billion, in the first eight months of 2026.

Why It Matters

Retail investing in Nigeria is shifting from occasional, long-term positions to more frequent trading through mobile apps. That changes what users expect. Trading is no longer just about placing an order quickly, it is also about getting guidance on what to buy.

Curated lists and research-backed ratings push Cowrywise closer to the decision point, where investors choose specific stocks. That also raises the bar on trust, since users may treat in-app ratings as advice.

For Nigeria’s investing and wealth management market, the move signals a new phase of competition. More platforms will likely focus on research, education, and product design, not only brokerage access.