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Why Every Nigerian Should Own a Piece of Apple Stock

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There are two types of Nigerians in this life:

  1. Those who buy iPhones every year like they’re paying tithes to Tim Cook.
  2. And those who say, “Why should I spend ₦1.5 million on a phone when I can buy land in Ikorodu?”

Whichever category you fall into, here’s a fact: Apple is eating good.

While you’re out here debating whether the iPhone 15 is really different from the iPhone 14, Apple’s stock price is doing press-ups in the background. And guess what? You could be making money off that same iPhone addiction. Instead of just spending money on Apple, why not let Apple pay you?

Welcome to the world of investing, where instead of crying about sapa, you can actually beat it at its own game.

Apple Stock: The Money-Making Machine You’ve Been Ignoring

Let’s talk numbers because vibes alone don’t pay the rent.

Apple is one of the most valuable companies in the world. If you had bought $1,000 worth of Apple shares in 2010, guess how much you’d have today? Over $8,373. Yes, while you were busy arguing about TECNO vs. iPhone, Apple was busy multiplying people’s money.

Here’s a quick flex:

  1. Apple’s stock has grown over 30.8% in the last 20 years. This means that if you invested $1,000 in Apple stock 20 years ago, it would today be worth almost $215,000.
  2. They pay dividends. This means that they actually give investors extra cash just for holding their shares.
  3. It’s not just a phone company; it’s an ecosystem (MacBooks, iPads, AirPods, Apple Music, Apple Pay, and now Vision Pro). More products = more money.

Apple is not going anywhere. And if you want to secure your bag long-term, owning a piece of Apple is a no-brainer.

RELATED: Demystifying Investments for Young Nigerians

Investor Sabinus counting dollars he made from investing in Apple stock

“But How Can I Buy Apple Stock in Nigeria? I Don’t Have Dollars!”

The good news is; you don’t need to hustle for USD or know somebody that knows somebody at CBN. With Fusion’s Bamboo investment feature, you can buy shares of foreign companies in naira and earn returns over time – all from your phone.

Here’s how it works:

  1. Open the Fusion app.
  2. Set up your wallet.
  3. Click on the Investment icon in your wallet.
  4. Follow the prompts and fill the forms.
  5. Select Apple (AAPL) or any other global company you believe in.
  6. Invest as little as ₦5,000 and start growing your money.

Before you know it, you’re not just an iPhone user, you’re a shareholder. Instead of crying when Apple drops another overpriced product, you’ll be smiling because their profits mean more money for you.

RELATED: Investment Tips for Beginners: Start Small, Dream Big!

Beating Sapa and Building Generational Wealth

Investing in Apple stock might be that one last piece of the puzzle you need to build generational wealth

Listen, sapa is real, but so is the power of investing.

  • Instead of spending all your money on liabilities (things that don’t make you richer), start owning assets (things that bring you money).
  • Instead of just using Apple products, start profiting from Apple’s success.
  • Instead of waiting for when you will hammer, start securing the bag one stock at a time.

Your future self will thank you. Your future children will call you a wealthy ancestor. And most importantly, sapa will never be able to see your back.

So, what’s stopping you? Go on Fusion, buy some Apple stock, and let your money work for you. Because if you must be an iPhone user, at least let Apple pay you for it.

Join the Finance 101 community on Fusion for more money management and investment tips. 

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Nesiama Fasola
Nesiama Fasola
Nesiama (Ness) Fasola is a community manager, tech enthusiast, writer and full time hopeless romantic. She loves to scribble words in a bid to make sense of the jumble of thoughts, ideas and emotions that constantly plague her mind. At her leisure, you can either find her nose-deep in a book, brewing coffee or poking around in her garden.

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2,583 Responses

  4. Hey there! I’ve been reading your weblog for a long time now and finally got the courage to go ahead and give you a shout out from Houston Texas! Just wanted to mention keep up the good job!

    Reply

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