One of the best way to make it big in music business is to work with any of the talented and top music producers in Nigeria. Every upcoming Nigeria’s upcoming artists know this, but the problem is how much does these top producers charged to product a song or video and finally, how to contact them.
Because I want to help you succeed in your music career, that’s why I went extra mile in my research in other to bring you the list of these top music producers in Nigeria and a medium you can use to nail a deal with any of them.
I don’t need to tell you that: One of the most functional industry in Nigeria, is the music industry. And it has been soaring to greater heights since inception. With many talented artists out there, the need for great producers to harness such talent is imminent.
Nigeria has got lot of amazing music producers scattered around the country, I’ll be bringing all together in my list. Also featuring in this post will be their charges for music and videos, and their contact info.
RECOMMENDED: How to Make Money from Music in Nigeria
Do sit tight as I unveil to you, the top ten music producers in Nigeria.
PLEASE NOTE: I’ve kept out celebrity musicians who are also producers out of the list such as DON JAZZY. And the number 1 – 12 here is not according to “stratification” or level of hierarchy.
Now let go!
Top 12 Music Producers in Nigeria
A well acclaimed top music producer in Nigeria who has crafted the beats of many hit songs hitting the airwaves. You’d have heard the phrase “Itz Killertunes!”, if you haven’t, when next you hear the line, that’s a song by Killertunes.
Some hits he’s crafted includes; BOBO by Mayorkun, MOTIGBANA by Olamide, FAKE LOVE by Duncan Mighty ft. Wizkid, BABA by Kiss Daniel and many more.
As for Killertunes’ charges for production, it’ll cost you around N1,000,000 for audio production and triple (N3m) for music videos.
Here is how you can contact Killertunes for your music production and any related deals:
- Twitter : @Killertunes_Tii
- Phone : +2347032597974
2. Kel P
Some refer to him as Burna Boy official producer, they aren’t entirely wrong seeing that he’s produced many hit track for the artist. Aside Burna Boy, he’s done other beats for top Nigerian music artist like Phyno etc.
Some hit songs by him includes; DANGOTE by Burna Boy, Killin ‘Dem by Burna Boy, On The Low by Burna Boy and others.
For music production, Kel P charges around N1,000,000 for audio production and around N3m also for video production.
Contact Kel P using:
- Instagram : @Kelp_amba
- Twitter : @kelp_amba
Well, we all know this producer, even if you’re not much of a music person, the name it quite familiar – it’s a household name it the entertainment industry. Sunday Ginikachukwu Nweke, known popularly as MasterKraft is a true crafter of good hits, producing many hit tracks for top artists, the likes of Flavour, Banky W, Timaya, CDQ etcetera.
His reputation speaks volumes, garnering the most followership on social media and among the few producers to be verified as one of the top music producers in Nigeria.
For Masterkraft rates of music production; audio tracks would cost you above a million naira and thrice that value for music videos.
Contact MasterKraft: @masterkraft_ on Twitter
4. Young John (The Wicked Producer)
The phrase ‘Eez Young John D Wicked Producer’ is associated with the popular hit maker – Udomboso John Saviours. Young Jonn is a multi-award winning and among top producers in Nigeria, he has worked with the best in the music industry, and he’s known for his spectacular jobs for YBNL.
With more years ahead of him, we expect more superb hit from his table.
Young John charges are quite okay, a million upward for audio and videos goes for above 2.5 million.
Contact Young John for music production using:
- Twitter: @YoungJonn
- Phone: +2348168922387
5. Fresh VDM
Known for fresh beats for many top artist in the country, with his tracks making the rounds around the internet. The guy has produced most of Davido’s hit tracks including FIA, MIND, ADA and many others from other top artists.
His beautifully crafted tracks has earned him cool rewards but locally and regionally.
Getting a music track with Fresh VDM will cost you around N1,100,000 while videos goes around N3,500,000. With such amount, you’re assured of quality tracks.
Contact Fresh VDM using:
- Twitter : fresh_vdm
Benjamin Obaze also known as Spellz by many is one of the top producers in Nigeria that you just can’t get enough of, his creativity makes him stand out amongst many top producers.
He has produced lots of hit tracks for top artists and the music scene just can’t get enough of his hits. The likes of Wizkid, M.I. Abaga, 2baba and many more have used his service.
Although the market for producers is getting saturated, his quality has set him high above the park.
Spellz’ cost for music production cost around half a million for audio tracks and up N2 million for music videos.
The brains behind ‘Amaka’ 2baba’s hit track featuring Peruzzi, he has cemented his name as one of Nigeria’s top producers. Many upcoming producers look up to him in the ‘hit making’ business. He has created many top tracks including ‘Amaka’ by 2face ft Peruzzi, ‘Majesty’ by Peruzzi, ‘Assurance’ and ‘Nwa Baby’ by Davido, the list goes on and on.
Be on look-out for more hits from this producer.
You can get a good song production from SperoacHBeats for around N1 million and triple the amount for music videos.
Contact SperoacHBeats using:
- Twitter : @SperoacHBeatz
- Email : email@example.com
- Phone : +2348099338391
Multi award-winning producer goes by the name Ayoola Oladapo Agboola, but popularly known as Kiddominant is the makers of maker hits for top artist including Davido, Mayorkun and others.
We’ve heard many hit songs from this wonderful producer, one being ‘Che Che’ by Mayorkun (my favorite song from the artist so far), many other hit tracks have been released from his stable.
If you’d be making a music audio from Kiddominant you’d be charged around a million naira and around N2.5 million per music video.
Contact Kiddominant using:
- Twitter: @kiddominant
- Instagram : @kiddominant
- Email : firstname.lastname@example.org
Sarz is Not Your Mate! Yes, you heard right, he’s a top gun in the Nigeria entertainment scene, with many top stars using his service. Aside production, he has featured in some songs with various artists and he is the most followed producer in Nigeria on social media, he has been verified by twitter.
He has created many hit jams, like ‘Bana’ by Niniola and done lots of jamz for Wizkid and other top artists in Nigeria.
His creative acuity is evident in his masterpieces, but it comes at a price.
Sarz charge a million upward for audio and thrice the amount for music videos.
Contact Sarz for music production using using:
- Twitter: @beatsbysarz
- Email: email@example.com
- Instagram: @only1sarz
You may have heard the phrase ‘shiizzzy’! Yeah that’s the sound of Shizzy song. Davido (like in “Skelewu”) and other top stars you know patronize his expertise in making great music and music videos.
Getting this guy for your music production would be great choice as his rate is relatively inexpensive when placed side by side with other top music producers in Nigeria
To hire Shizzy, It’ll cost you around a million for songs and twice for videos.
Contact Shizzy using:
- Twitter: @iamshizzy
- Instagram: @iamshizzy
Representing Mavin Records, ‘Ozedikus Nwanne’! His handwork is seen by his works for the Mavin Crew with many hits from top artists including the hit track ‘Dumebi’, yeah that one of his works.
Is there a competition in house with Don Jazzy? Maybe may be not, but his quality speaks volumes, that has earned him the prestigious place in my top producers list.
For a producers of Ozedikus calibre, you could get cool hits for around N1,000,000 for songs and around N3,000,000 for videos.
Contact Ozedikus Nwanne using:
- Twitter : Ozedikus
- Instagram : Ozedikus
- Email : firstname.lastname@example.org
Last but not the list of top 12 music producers in Nigeria is NorthBoi. Crafting some of the best hits we all know and love. He had done many hit jams for artists like Wizkid, Mayorkun, Starboy and others.
Although quite new in the industry, he has proven to be quite reliable in these past few years leading to massive interest from music stars around the country.
To hire NorthBoi for music production, his rate is a little inexpensive but produces quality – it will costs you just a half million to produce a song and around N2 million for music videos.
But to answer the question;
How much does it cost to produce a song in Nigeria?
For quality music production from top music producers in Nigeria and how much they charged, it will cost you roughly One Million Naira (N1,000,000) for audio and roughly Three Million Naira (N3,000,000) for video production.
Wrapping up – Top Music Producers in Nigeria
So these are the top 12 music producers in Nigeria, they’re the brains behind the cool hits we listen and dance to. There are lots of good producers out there, but these are the best we’ve got.
In case you want to a producer to have been listed here or you have any other related question, kindly let me hear your opinion using the comments box below.
……. and don’t forget to share this blog post with your friends using the floating social media buttons – You don’t know who you will help by sharing.
GIG Logistics Branches and Location (Addresses) in Nigeria
GIG Logistics by GIG Mobility is one of the leading logistics companies in Nigeria due to the company’s mode of operation. Delivery is fast and the fee is not as expensive as other competitors.
If you’re trying to ship your stuff across the country, or to other countries like in Africa, the USA, the UK, etc., GIG Logistics can be your sure plug.
But as a new customer, you may not know how to contact them. The good news is that you can do more with the company via their website (giglogistics.com).
But in case you need to visit one of their branches very close to you, and you don’t know where to go, I will be covering that in this blog post.
Important Notice: In case you don’t find your city on the list, don’t panic. GIG Logistics can still deliver to you but you may need to contact them via email or telephone call if you’re the one sending.
If you’re not sending but receiving, you don’t need to stress yourself, just be available when it’s time for delivery.
You can easily click on your state in the table of content below rather than scrolling and scrolling till you miss what you’re looking for.
Here are the locations;
GIG Logistics branches and location in Nigeria
GIG Logistics Head Office in Nigeria
GIG Logistics Digital Hub. No 1 Sunday Ogunyade Street, Gbagada Expressway, Beside Eterna Fuel Station, Gbagada Lagos, Nigeria.
SICCONS PLAZA, Opposite Unity House, Beside Lifemate Furniture, Garki Area 11
House 38, 3rd Avenue Gwarimpa, Opposite Union Bank Abuja.
No 10 Ajibade plaza beside okay Japan Electronics.Park Road Gwagwalada .
Block, 43, Gado Nasko way, opp 2/2 Court Kubwa.
Opposite Ignobis hotel plot 17 Gidin dutse layout, kubwa.
Abraham Plaza, Suite A13 Plot, 6 A.E. Ekukinam St, Utako Abuja
80 Aminu Kano crescents opposite Sherif plaza beside Wema Bank Banex wuse 2
Maraba Experience Center
No 132 GIZA PLAZA OPP CHRISGOLD PLAZA BESIDE MTN OFFICE MARARABA
Madalla by Mobil, along Abuja – Kaduna Express Road.
Plot 113 I.V.W. Osisiogu Street, beside Utako Police Station Utako Abuja.
206, Zuba Market, Opp. Lagos Line, Zuba
Cs1 Ground Floor Corner Stone Plaza By Dobbil Avenue Along Phone Village Road, Electronics Section Alaba International Market.
KM 25, Lekki-Epe Express way, Ajiwe-Ajah.
KM 22, Lekki-Epe Express way, Opp. Jeffrey’s Plaza, by Abraham Adesanya Roundabout, Ajah.
41 Shasha Road, Akowonjo Junction, Dopemu, Lagos.
Km 36, Lekki-Epe Express Way, by Ogunfayo Bus Stop, Eputu, Awoyaya Lagos.
103, Okota Road, Cele.
1st Avenue Road, Festac first gate, besides INEC office, Festac town, Lagos.
7, Hospital Rd, Ifako, Gbagada, Lagos.
Gbagada Express Center
GIG Logistics Digital Hub. No 1 Sunday Ogunyade Street, Gbagada Expressway,Beside Eterna Fuel Station, Gbagada Lagos
9, Medical Road, former Simbiat Abiola Way, Opp, Zenith Bank.
103 Awolowo road, Ikoyi Lagos.
16 Ikosi Road, Ketu Lagos.
Sabo Road Garage, Ikorodu.
29, Idimu Road, Opp. Local Govt, Council, Ikotun, Lagos.
13C Ilupeju Byepass, Ilupeju, Lagos.
International trade fair
Shop D77 & D78, Abia Plaza, BBA, Lagos Int’ Trade Fair Complex, Lagos.
164, Lagos Abeokuta Express Way, beside Diamond Bank, Lagos.
20 Ikorodu Express Road, Jibowu, Lagos.
No 1A, Wole Ariyo Street, Beside First Bank, Lekki Phase 1.
Lekki Admiralty 2
Jubilee Mall Admiralty Way, Lekki Phase One, Lekki.
Lekki (Fola Osibo)
Ground floor Legends Place Mall Plot 29 Fola Osibo Lekki Phase 1, Lagos.
Km 17 Scapular plaza Igbo efon.
Old Ojo Road
Old Ojo Road, by Police Station Lagos.
3 Ijaiye Road, Beside FCMB Ogba.
62 Opebi Road, Ikeja Lagos.
No 25 Otto Causeway Opp Iddo bus top, Iddo Ebute Metta Lagos.
3, Abeokuta – Lagos Expressway, Sango Ota, Opp. Sango Bridge.
26, Adeniran Ogunsanya, Surulere, Lagos.
169, Badagry Expressway, Volkswagen Bus Stop.
1436 Sanusi Fafunwa Street, Victoria Island, Lagos.
Tejuosho Ultra Modern Market, Ojuelegba Road, Yaba, Lagos.
Animashaun Plaza, Beside Petrocam fuel station, Near Epe T-junction, Epe.
43, Osolo Way, Ajao Estate, Ekwu Awolo House.
No 5 Asa Road Former/Old Nitel Building Aba
8 Mission Hill, Opposite Villaroy Hotel, Umuahia Main Town
No 60 Aba Road, Close to MTN Office at Aba Road, Umuahia.
Plot 2 Bekaji Plaza, Bekaji Karewa Road, By Fire Service Roundabout, Jimeta Yola.
Ado Ekiti Center
Soladola petrol station, beside Apc secretariat, opposite moferere junction, along ikere road, Ajilosun
Ogo Oluwa Bus Stop, Gbangan / Ibadan Road, NIPCO Petrol Station, Osogbo.
Plot C31, Relief Road, by Relief Junction, Off Egbu Road, Owerri.
Landmark: After Mr Biggs beside Nepa Office, Farm Center Area, Tunga, Minna – Niger State.
No 4 Old Otukpo Rd, Opposite Dester’s by Savannah Roundabout.
No 1 IBB Way, Adankolo, Lokoja, close to Federal Medical Cente
Shops 1 & 2 Police Officers Mess, Opposite Polaris Bank, Jos Road, Lafia.
Ahmadu Bello Way opp alhaji boye coca cola Depot Birnin Kebbi, kebbi state.
Shema Plaza Ground Floor, Mani Road, by W.T.C Round-About, Katsina State.
No 1 bompai road by Tarawa Balewa way, Opp Grand Central Hotel Kano.
Centro Plaza, Opposite Buk Old Site, Kabuga, Kano.
No 32 Zoo Road, Opposite Shoprite, Kano.
8 Ahmadu Bello Way, Off Kastina Roundabout, City Plaza, Kaduna State
Lagos Garage by Airforce Mami Mando, Kaduna State.
Nnamdi Azikiwe Expressway by Command Junction, close to Samrada Fuel Station (beside 911 bakery).
Dairu Garba Plaza, 18 Sokoto Road, MTD Junction By Nnpc Filling Station, Sabon Gari, Zaria.
Plaza 1080, Yakubu Gowon way, Dadin kowa second gate.
Angwan Soya Zaria Road bypass, Opposite Jankwano Bingham University Teaching Hospital.
Government House Round-About, Asamau House Block B, Number 8, by Airtel Office, Dutse, Jigawa State.
32 Hammaruwa way. Besides former Kashere Filling Station Jalingo.
Town Planning Complex, by Sumal Foods, Ring Road, Ibadan
Suite 5, Kamal memorial plaze, former iyalode complex, opposite funcktionals clothing, bodija – UI road, UI Ibadan.
No 76 Opposite Arisekola Mosque Iwo Road Ibadan.
NNPC Mega Station, Opposite Zenith Bank, Star Light, Ogbomosho, Oyo State.
190, Ibrahim Taiwo Road(Upper Taiwo), Opposite Primo Pizza / Chicken Republic, close to new Wema Bank, Ilorin.
No 1 Umar Audi road, Fate Road, Tanke GRA, besides Hotels Mirabilis. Ilorin.
7, Market Road, Holy Ghost Park, Opp. State Library, Ogui, Enugu.
67, Zik Avenue Uwani Enugu.
No 64 Owerrani, Enugu Road, Nsukka.
202, Uselu Lagos Road, Ugbowo Benin City.
112, Akpakpava Road, Benin City.
Shop 1, Omegatron Plaza, 47 Airport Road, Benin City.
42, Benin/Agbor Road, Oregbeni, Ramat Park Benin City, Edo State.
Okene Express Way, Opp Auchi Polytechnic, Auchi.
Ukpenu Road Opp. Grail Message Centre, Akahia, Ekpoma.
Asaba Onitsha Expressway, By Head Bridge.
445, Nnebisi Road, opposite Zenith Bank, Asaba.
SUIT 53/54 INDEPENDENCE MALL OKPANAM RD, ASABA.
138, Effurun-Sapele Rd, by Airport Junction Warri.
116, Effurun-Sapele Warri Road, Effurun Opp. Our Ladies High School.
29 Ndidem Usang Iso Road ( Aka Marian Road) Calabar.
Shop 7, Yandoka Road, Adjacent MTN office. Opposite First Baptist Church, Bauchi State
Kpansia Epia, Opposite Wema Bank by INEC Junction, Yenogoa
Pam House, Tamic Road and School Road, Okutukutu By Isaac Boro Expressway, Yenogoa
Elite Shopping Complex Opp Crunchies fries, Enugu/Onitsha Expressway, Awka
2 Awka Road, By DMGS Junction, Beside All Saints Anglican Cathedral, Onitsha
No 73 – Owerri Road, Martina Chukwuma Plaza (Innoson Plaza), Opposite The Salvation Army Church, Umudim Nnewi
Akwa Ibom State
3, Monsignor Akpan Avenue, Itam industrial layout, opp Timber Market, Itam.
No 108 Oron Road, beside the First bank, Uyo.
No 22 Oyemekun Road by Cathedral Junction Akure
LACFOG PLAZA Adjacent Choba Police Station East-west Road Choba PHC.
No 118 Off Woji GRA, Same Building with Miskay Boutique By Bodo Junction, Port Harcourt.
No 9 Stadium Road, Beside Benjack, Port Harcourt
Cocaine Village Junction, Off Aba Rd, opposite Genesis, Rumuogba, Port Harcourt.
PHC Peter Odili
No 89 Peter Odili Road Port Harcourt.
PHC Ada George
No 18 Ada George By Okilton Junction, Port Harcourt.
3/4 Maiduguri Road Gawon Nama Area
C 1, A A Master Plaza Canteen Road Gusau.
This is the complete list of GIG Logistics and their location in Nigeria. If you have any questions regarding GIG, kindly contact them directly. You can see how to contact them via their website at https://giglogistics.com
If you want to ship an item from the USA stores like Amazon, eBay, etc., to Nigeria, you can read my guide on how to ship with Heroshe Logistics.
7 Super Professional Tips to Build a Successful Business in 2022
It is a new year and you’ve been thinking of how you can build a successful business but don’t know how or where to start. Let’s talk about that and see if you’ll learn something, or be inspired.
Some businesses fail because they’re following old blueprints which no longer work effectively to build their startup.
We’ve learned a lot between 2020 and 2021, and we’ve seen how businesses are affected by the ongoing Corona Virus pandemic. But ideas to start or build a business are waxing stronger in us, how are we going to bring these ideas to reality?
But is 2022 the right time to start a business?
Yes, it’s never too late to start a business in 2022 and you are still going to see rapid growth if you put in all the efforts.
Regardless of the Coronavirus and its variants, you’ll agree with me that starting and building a business these days is easier compared to a few years ago as a result of technology and more investors who’re ready to provide capital for a futuristic business plan.
According to a report, investors spent more than $140 billion to support startups in 2017 and the figures have increased ever since then till date. This shows how people like you are creating something or a platform that solves a ‘problem’ and how people are ready to support it.
If you’re also planning to launch your startup, you’re welcome, it’s never too late to be phenomenal.
Aside from investors who’re ready to invest, you don’t necessarily need to build your business by renting a big hall or apartment for office use, thanks to COVID-19, you can gather your team and work remotely, while you’re saving a lot of money that will go into office setup.
If you have a good business plan or startup idea and you’re worried about what to do next, the following tips will help you get started;
7 Tips to Build a Business in 2022
#1. Do Your Research and Understand Your Mission
You see, a lot of people see other people building stuff and they got jealous to build something too – this is a wrong motivation to start a business.
You have to think clearly about what you want to do, you ask yourself: “In what way(s) can this idea or business help people?” – emphasize “help people”.
If you want to start a fashion design company, do your research thoroughly and understand that you’re about to build a type of business some people have built already. So, how are you planning to get better and beat your competitors?
For instance, can you think of a unique fashion trend and dominate it for the long term? If yes, what fashion trend and how can you hit the market with your idea?
You have to plan all these, you just don’t voluntarily jump into the ocean without knowing if it’s safe or not. If it’s not safe, then how are you going to survive?
#2. Get a Team Members with Common Goals
The spirit of being the CEO and (sole) founder is part of what’s killing some businesses and startups to date. I’m not saying you can’t build a business alone, you can! But you can’t survive alone. If you survive alone, you won’t go far alone.
You have to understand this concept. If you read about big business builders in the world, you’ll notice one thing that’s very common to them – they don’t build alone!
Bill Gates, Mark Zuckerberg, Elon Musk, etc., will tell you that they called their friends when they were about to start their company. Why? It’s simply because they need teammates who can work with them to achieve their primary and respective goal(s).
The reason is simply that if one is falling, another person will lift him. And this boils down to you looking and calling the right people to join you or else if you fall, that’s the end of the business.
So look for the right people in your circle, during meetups, on social media, share the business idea with them and be patient to see those who’ll be ready to join you.
Getting team members here is different from hiring people. You have to look for someone or some people who’re ready to take ownership of the business and work diligently.
They can in turn be your co-founder, CTO, etc… Just make sure you’re careful and patient enough to see someone with the same common goal.
#3. Start Building with the Little You Have:
You know the type of business you want to build and you have someone or some people who are ready to work with you. The next thing is to start building that business with the little resources you have.
The mistake most people make is that they’re waiting for the “perfect time” and that time translate to when they have sufficient money to invest in the business. The truth is that that perfect time won’t come unless you start now.
And I will like to say this if you’re starting a new business but you don’t have money to invest personally, you’re still not going anywhere. It’s either you get a job, make money and come back to that idea or, you sell the business idea to someone else.
The bottom line is that you have to start from you, even if you will need investors to inject capital into your business, you have to show them something – your ideas + efforts.
#4. Create Good Information and Communication Flow
As part of what you’re starting with, is how you can bridge the communication gap between your business and your target audience (investors included). That’s why you need to invest in creating that information and communication flow.
This is not a big deal at all, you just need to create an online presence for your business by getting a website, getting on social media, and investing in Email marketing or CRM tools.
If you can’t build the website yourself, you can hire freelancers to get the job done for you, there are free email marketing tools like MailChimp that you can get started with. You can hire an expert to manage your business’s social media handles for you too. The person will be in charge of content creation, posting, and attending to comments.
Having a website is very important, if it’s just a landing page, do it and let people know about your business from there and use your social media handles to keep telling people about your mission, not that loudly tho.
#5. Start Expanding the Business
You’ve tried a lot, but it’s not the time to relax. It’s time to start thinking of expansion. I mean expansion at all lengths.
If you launch your business to focus on people in Canada and they accept it with open hands, it’s time to expand to New York, and then to Paris, to Africa, etc.
In your team as well, you need to have some people who will be in charge of marketing, human resources, engineering, international relation, legal, and many departments within your company.
With great power comes greater responsibility, the more you’re growing, the more you should expand.
But what if your company can’t afford to hire people you need to run the business as you’re thinking of expanding, is that the end? No, it’s not!
#6. It’s time to Seek Business Funding
This is not a must if your business can afford to finance itself, but I bet it can. As a startup that’s at the entry or expansion stage, you need money to take care of a lot of things and some people are ready to provide that money!
There are people called Angel investors and some are called Venture capitalists, these people are in the business of investing in other businesses to make a profit. No money is too big to invest for VCs as long as your company’s evaluation is also big.
If you think your business need funding, kindly check this blog post on how to get one for your business.
#7. Don’t Stop Expanding; Invest More in Your Business
You’re not there yet. Start investing more in advertising, your team members, think of innovation and, acquire other related small businesses.
Just don’t stop growing!
I hope these tips will help you start that business in 2022 and I believe you can conquer the world, don’t worry, start today!
If you love what you just read, kindly consider subscribing, and don’t hesitate to use the comment box below to let me know your feedback.
MTN’s IPO: How to Buy MTN Shares with less than N50,000
Here is your time to shine, you can now buy MTN shares and join the leagues of MTN shareholders in Nigeria.
Nigeria’s telecommunication giant, MTN Nigeria recently announced the selling of 575 million of its shares to the public on Tuesday, November 30th, 2021. Just in case you don’t know what “shares” is, let’s me quickly tell how it works;
What are Shares?
Share simply means a percentage of ownership in a company. Those who hold these shares are called “shareholders” and you can also call them “investors”.
What that simply means is that, let’s say you buy MTN shares, you have a percentage of every percentage of the company. If the stock rises, your share rises and vise versa.
How Shares Work?
The more shares of a company you’re holding, the more decision-making power you have in that company and the more your profit if the company is performing well.
Let’s say you buy 250 units of MTN shares at the rate of N169 each, which is N42,250.
And luckily, MTN stocks jump to x10, that’s also N42,250 x 10 for you. You’ve made N422,500!
That’s just the simple idea, if you know how FOREX, stocks, or cryptocurrency work, you have the idea of how Shares work also.
But you don’t need to panic because MTN Nigeria is leading and doing well in Nigeria, investing your money to buy from their shares will be a good return on investment (ROI) for you.
…and this is a golden opportunity if you’ve been looking for where to invest your money.
Right in this blog post, I’m going to share with you how can buy these MTN shares easily and answer a few things you may want to know. But let’s start with the eligibility and requirements;
Eligibility and Requirements to Buy MTN Shares
1. You must be 18 years old and above – No minors *(-_-)*
2. You need a Bank Verification Number, BVN
3. You need a CSCS (Central Securities and Clearing System) account
4. You must behold the shares for at least 12 months, if you can’t let your money work for you in 12 months, don’t even try buying.
5. You must be able to buy a minimum of 20 unit shares, while the maximum is 250 units.
Buying MTN Shares: Other things you need to know
- The general public can buy the MTN shares from December 1 to December 14, 2021 (just 2 weeks)
The MTN share offer will be priced at N169 per one unit
- The minimum amount you’ll invest (for 20 units) is N3,380 and the maximum (250 units) is N42,250
Your stockbroker or a certified Momo Agent can help you
- Visit https://mtnoline.com/PO in case you need help
Now, let’s talk about how you can buy MTN shares before the deadline!
How to Buy MTN Shares in Nigeria
There are two ways to buy the shares, you can buy through;
2. MTN MoMo agents
Buy MTN Shares with PrimaryOffer
PrimaryOffer is a service (or product) by NGX exchange where you can buy new public offers like this MTN share. Here is how to buy your MTN shares on PrimaryOffer:
– Visit www.primaryofferng.com and click on “Get Started”
– Click on “I am an individual investor” if you’re buying for yourself
– You’ll land on a page with MTN branded banner at the top, but click on “Create an Account” to get a PO account
– Put your BVN number and correct date of birth
– Click on “Continue”
– On the next page, your primary data would have been generated from your BVN, fill out the remaining data such as “email address”, “your mother’s maiden name” etc.
– Click on “continue”
– Verify your OTP: check your email address to get the code
– If you do that correctly, your account will be verified and the next thing is to login
– Login with your email address and password
Finally, buy the MTN shares!
After you log in to your PrimaryOffer account, you will see the only shares available (MTN shares), click on the MTN logo, it will load to open a new page.
– Scroll down and put in the unit of shares you want to buy. Note that the minimum is 20 and the maximum is 250
– Check the agreement and conditions, and
– Click on “continue”
– CSCS account will be created for you, but you need to complete it manually on the next page by filling in one of your bank details
– Click on “update Bank”
– Continue to complete all necessary stuff such as uploading a proof of address, your national ID card, and your signature.
– You can as well complete your social profile
– If you’re done with that part, go back to offerings to buy the MTN shares.
Important Notice: You can also use the PrimaryOffer mobile app to do all these things.
ALSO CHECK: How to Invest in Treasury Bills in Nigeria
That’s the first method of buying MTN shares in Nigeria.
Buying MTN Shares with Receiving Agents
Just in case the steps above are too technical for you to do, you can use a receiving agent and the person will do all the hard work for you.
Receiving Agents you can use:
1. MTN MoMo Agents
MoMo agents have received training on how to help people buy MTN shares. So you can visit any MoMo agent close to you and they’ll help you out.
2. A Stockbroker
Stockbrokers are professional, if you see one, ask them for help but be careful and make sure you use a trusted broker.
So, that’s how to buy MTN shares in Nigeria.
Summary: How to Buy MTN Shares in Nigeria
– You can buy MTN shares for as low as N3,380 and the highest you can buy is N42,250
– The best way to buy MTN Shares is through the PrimaryOffer’s website or mobile app
– The public sale of MTN Shares will end on December 14, 2021 (Maybe this will be extended, I don’t know)
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