This service entails the processing of shares certificates for verification by the Registrars and subsequent dematerialisation with the Central Securities Clearing Systems (CSCS).
The benefits of having share certificates lodged with the CSCS (a subsidiary of the Nigerian Stock Exchange) cannot be over-emphasised. Some of these benefits are:
Reduces the incidence of loss or stolen certificates and/or late delivery
Increase liquidity of stock
Can be used as collateral for obtaining Bank loans
Shares in the CSCS can be easily traded on the floor of the Nigerian Stock Exchange
To therefore commence the processing of your share certificates for verification and lodgement, an account opening package which includes the CSCS Form R005 must be completed and submitted to us for processing and submission to the CSCS for account opening. Click the link below to download our account opening package for free.
We are a licensed capital market operator by the Securities and Exchange Commission (SEC), Trading License Holder of Nigeria Exchange (NGX) and Participating Institution of the NASD OTC Securities Exchange