About Us

Central Securities Clearing System Plc (CSCS) is Nigeria’s premier Financial Market Infrastructure (FMI), responsible for the depository, clearing, settlement and timely reporting of all securities transactions in the Nigerian Capital Market. As the country’s leading FMI, CSCS processes securities electronically, ensuring safe and efficient transactions while pioneering innovative market solutions. We provide a single access point for all post-trade services, covering equities, treasury bills, bonds, commodities, funds, and cash.

With an “A+” Central Securities Depository (CSD) rating from Thomas Murray, CSCS is among Nigeria’s top-rated financial services firms and one of Africa’s best-rated FMIs. Additionally, we are ISO 27001 compliant owing to our adequate and proportionate security controls that help protect information assets that are within our care as we have a proper understanding of the risks involved.

For three decades, CSCS has been a willing partner working alongside its reputable business stakeholders towards redefining the structure of the Nigerian Capital Market, leveraging technology to enhance transaction efficiency and assurance in post-trade execution. Supported by the Securities and Exchange Commission (SEC) amongst other regulators, CSCS facilitated the transition of the Nigerian equity market to an automated trading system as well as the full dematerialization of share certificates in the Nigerian Market. CSCS is the leading post-trade agent for transactions on Securities Exchanges in the Nigerian Capital Market.

Our Mission

We create value by providing securities depository, clearing, settlement and other services, driven by innovative technology and a highly skilled workforce.

Our Vision

To be the globally respected and leading central securities depository in Africa.

...as a critical financial market infrastructure, the overall resilience and sustainable growth of the market is our priority, as such we consistently seek innovative solutions to empower and provide assurance to investors, issuers and the intermediary agents

Haruna Jalo Waziri

MD/CEO

Our Core Functions

Central depository for share certificates

Sub-registry for all quoted securities

Issuer of International Securities Identification Numbers

Custodian for local and foreign instruments

Issuer of Legal Entity Identifier (LEI) code for Nigeria

Our Core Values

Our History

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May 16, 2012
2012
On May 16, 2012, CSCS became a Public Liability Company (PLC) by a special resolution.
May 16, 2012
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2007 / 2009
2007 & 2009
In 2007 and 2009, Central Bank of Nigeria (CBN) appointed CSCS as the clearing and settlement agent for Over The Counter (OTC) transactions in Nigerian Treasury Bills (NTBs), Commercial Papers (CPs) and Bankers Acceptances (BAs) respectively.
2007 / 2009
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APRIL 14, 1997
1997
The Central Securities Clearing System. (CSCS) commenced operations on April 14, 1997. The Securities and Exchange Commission issued its license to perform Depository, Clearing and Settlement Services for Exchanges in the Nigerian Capital Market.
APRIL 14, 1997
CSCS-Values-Hand-shake.jpg
JULY 29, 1992
1992
The Central Securities Clearing System (CSCS) was incorporated on July 29, 1992, as a Financial Market Infrastructure (FMI) for the Nigerian Capital Market
JULY 29, 1992

Our People

With experience spanning multiple industries, business types and functions, we know what it takes to achieve results.

Membership, Associations & Regional Integration

Disclaimer

Online Portfolio Management View is a service aimed at providing investors with access to view their respective stock portfolio in addition to services provided by intermediary stockbrokerage firms. We ask that you ensure that all devices used to access the Service are adequately protected from malware and viruses. You must also take care to secure and maintain the confidentiality of your password and log-in information. CSCS shall not bear any responsibility and or be liable for any unauthorized access to your information on the Application using your log-in details.

Disclaimer

Online Portfolio Management View is a service aimed at providing investors with access to view their respective stock portfolio in addition to services provided by intermediary stockbrokerage firms. We ask that you ensure that all devices used to access the Service are adequately protected from malware and viruses. You must also take care to secure and maintain the confidentiality of your password and log-in information. CSCS shall not bear any responsibility and or be liable for any unauthorized access to your information on the Application using your log-in details.

Disclaimer

Online Portfolio Management View is a service aimed at providing investors with access to view their respective stock portfolio in addition to services provided by intermediary stockbrokerage firms. We ask that you ensure that all devices used to access the Service are adequately protected from malware and viruses. You must also take care to secure and maintain the confidentiality of your password and log-in information. CSCS shall not bear any responsibility and or be liable for any unauthorized access to your information on the Application using your log-in details.

Disclaimer

Online Portfolio Management View is a service aimed at providing investors with access to view their respective stock portfolio in addition to services provided by intermediary stockbrokerage firms. We ask that you ensure that all devices used to access the Service are adequately protected from malware and viruses. You must also take care to secure and maintain the confidentiality of your password and log-in information. CSCS shall not bear any responsibility and or be liable for any unauthorized access to your information on the Application using your log-in details.

Disclaimer

Online Portfolio Management View is a service aimed at providing investors with access to view their respective stock portfolio in addition to services provided by intermediary stockbrokerage firms. We ask that you ensure that all devices used to access the Service are adequately protected from malware and viruses. You must also take care to secure and maintain the confidentiality of your password and log-in information. CSCS shall not bear any responsibility and or be liable for any unauthorized access to your information on the Application using your log-in details.