How Do I Sell Stocks on the InvestNaija App as a Beginner?

Selling stocks on the InvestNaija app is almost the reverse of buying. Since you already own shares, the major thing is understanding how the sell order works.
Typical process:
Login to your account
Go to:
Portfolio
Holdings
My Investments
Select the stock you want to sell
Click:
“Sell”
or “Trade”
Enter:
Quantity of shares to sell
Selling price (or market price if available)
Confirm the order
The order enters the market
Once a buyer matches your price, the sale executes
Important things to understand as a beginner:
1. Selling does NOT mean instant cash immediately
When you click sell:
your shares first enter the market
somebody must buy them
If your price is too high, the order may stay pending.
2. Price matters
Example:
Current market price = ₦50
If you place sell order at ₦60
buyers may ignore it
But if you sell near market price, execution is usually faster.
3. Settlement period
After successful sale:
cash usually reflects after settlement
commonly T+2 or T+3 business days in Nigerian equities
Meaning:
if you sell Monday
money may fully settle Wednesday or Thursday
4. You can sell partially
Example:
You own 1,000 shares
You can sell only 200 shares
You do not need to liquidate everything.
5. Watch out for:
broker commission
SEC fee
NGX transaction charges
VAT
So the amount received is slightly lower than the raw sale value.
Example:
Sold shares worth ₦100,000
Net received may be around ₦99,000+ depending on charges
If your app is still behaving strangely or redirecting to web login, it may affect selling too. In that case:
try using the web portal directly for the sale
or contact support to confirm your trading access is fully enabled
Before selling any stock, ask yourself:
Am I taking profit?
Am I cutting losses?
Do I still believe in the company long term?
Am I selling because of panic?
Many beginners learn buying first, but disciplined selling is actually the harder skill in investing.