Charges and Fees
| SERVICES | CURRENT PRICE (₦) | FREQUENCY | ||
|---|---|---|---|---|
| SETTLEMENT SERVICES | ||||
| A | Special Services | |||
 | 1 | Special Account-Individual Onboarding | ₦10,000 + 7.5% VAT | One-off payment |
| 2 | Special Account-Family Onboarding | ₦15,000 + 7.5% VAT | |
| 3 | Special Account-Corporate Onboarding | ₦20,000 + 7.5% VAT | |
| 4 | Individual Renewal | ₦7,280 + 7.5% VAT | Annually | |
| 5 | Family Renewal | ₦14,560 + 7.5% VAT | ||
| 6 | Corporate Renewal | ₦19,500 + 7.5% VAT | ||
| 7 | Asset Managers Member Code Creation | ₦72,800 + 7.5% VAT | One-off payment | |
| 8 | Asset Managers Member Code Renewal | ₦72,800 + 7.5% VAT | Annually | |
| B | Brokerage Services | |||
| 1 | Broker Code Creation (NGX) | ₦145,600 + 7.5% VAT | One-off payment | |
| 2 | Broker Code Creation (NASD) | ₦145,600 + 7.5% VAT | ||
| 3 | Broker Code Creation (LCFE) | ₦145,600 + 7.5% VAT | ||
| 4 | Broker Code Renewal (All Markets) | ₦36,400 + 7.5% VAT | Annually | |
| 5 | Market Maker Creation (Equities) | ₦56,000 + 7.5% VAT | One-off payment |
| 6 | Market Maker Renewal (Equities) | ₦20,000 + 7.5% VAT | Annually |
| 7 | Brokers outstanding KYC with balance | ₦15 Per Kilobyte(kb) + 7.5% VAT | Per request | |
| 8 | Change of Mandates | ₦2,500 + 7.5% VAT | ||
| C | Custodian Services | |||
| 1 | Custodian Member Code Creation | ₦72,800 + 7.5% VAT | One-off payment | |
| 2 | Custodian Member Code Renewal | ₦72,800 + 7.5% VAT | Annually | |
| 3 | Creation of Custodian Segregated main & trading account | ₦36,400 + 7.5% VAT | One-off payment | |
| 4 | Issuance & Cancellation of GDR | ₦1,300 Per Detachment (inter) + 7.5% VAT | Per request | |
| 5 | Redistribution of Shares | ₦1,300 Per Detachment (inter) + 7.5% VAT | ||
| 6 | Separation of Assets | ₦1,300 Per Per Transfer + 7.5% VAT | ||
| 7 | Change of Global custodian | ₦1,300 Per Per Transfer + 7.5% VAT | ||
| 8 | Change of Domestic custodian | ₦1,300 Per Transfer + 7.5% VAT | ||
| 9 | Custodian Nominee Engagement & Disengagement | 0.03% of the Market Value of Shares | ||
| 10 | Change of Name for Custodians | ₦2,500 + 7.5% VAT | ||
| 11 | Custodian Daily Balance | ₦250,000 + 7.5% VAT | Annually |
| 12 | Linking & De-linking of Custodian trading | ₦1,300 Per Linking/De-linking of Stockbroking Firm + 7.5% VAT | Per request | |
| D | Fixed Income Instruments | |||
| 1 | Distribution of securities by Debt Management Office(DMO) | ₦84 per unit holder + ₦4 for alert on both fees + 7.5% VAT | One-off payment | |
| 2 | OTC Trades Transaction fee | ₦15 per million buy & sell + 7.5% VAT | ||
| 3 | Account Creation on S4 | ₦1,000 + 7.5% VAT | Per account |
| 4 | Transfers on S4 | 0.03% of value transferred + 7.5% VAT | Per request |
| 5 | Distribution of commercial papers | ₦2,500 per unit holder + 7.5% VAT | One-off payment | |
| COLLATERAL MANAGEMENT SERVICES | ||||
| 1 | Equity (Onboarding) | 0.25% of Total Value of Security (₦20,000 minimum) + 7.5% VAT per annum | Per request | |
| 2 | Bond (Onboarding) | 0.25 % of Total Value of Security (₦20,000 minimum) + 7.5% VAT per annum | ||
| 3 | Equity/Bond(Renewal) | 0.25% of Total Value of Security + 7.5% VAT per annum | Annually | |
| 4 | Merger of Creditor membership code | ₦650,000 + 7.5% VAT | One-off payment | |
| PARTICIPATION FEE | ||||
| 1 | Settlement Bank Participation Fee (onboarding) | ₦15.6million + 7.5% VAT | One-off payment | |
| 2 | Settlement Bank Participation Fee (renewal) | ₦1,456,000 + 7.5% VAT | Annually | |
| 3 | Receiving Bank Participation Fee (Non Settlement Bank onboarding) | ₦7.8million + 7.5% VAT | One-off payment | |
| 4 | Receiving Bank Participation Fee (Non Settlement Bank Renewal | ₦728,000 + 7.5% VAT | Annually | |
| 5 | Stockbroking Firms Eligibility Fee (NGX) | ₦36,400 + 7.5% VAT | ||
| 6 | Stockbroking Firms Eligibility Fee (NASD) | ₦36,400 + 7.5% VAT | ||
| 7 | Stockbroking Firms Eligibility Fee (LCFE) | ₦36,400 + 7.5% VAT | ||
| ONLINE SUBSCRIPTION SERVICES | ||||
| 1 | Margin Account (Per Trading/Main Account) | ₦78,400 + 7.5% VAT | Annually | |
| 2 | Special Account - Custodian | ₦78,400 + 7.5% VAT | ||
| 3 | Market Maker | ₦78,400 + 7.5% VAT | ||
| 4 | Stockbroking Firms - NGX (Portfolio View) | ₦78,400 + 7.5% VAT | ||
| 5 | Special Account - Family | ₦10,000 + 7.5% VAT | ||
| 6 | Special Account - Corporate | ₦20,000 + 7.5% VAT | ||
| 7 | Special Account - Individual | ₦5,000 + 7.5% VAT | ||
| 8 | Corporate Investor Plus (30Milloin and above) | ₦78,400 + 7.5% VAT | |
| 9 | Corporate Investor | ₦10,000 + 7.5% VAT | ||
| 10 | Individual Investor | ₦5,000 + 7.5% VAT | ||
| 11 | Stockbroking - NASD (Portfolio View) | ₦39,200 + 7.5% VAT | ||
| 12 | E-Bonus (Stockbrokers/Custodians) | ₦78,400 + 7.5% VAT | ||
| 13 | Issuer's Portal | ₦420,000 + 7.5% VAT | ||
| HARD COPY PRINTING, SHARE CERTIFICATES RELATED AND ANCILLARY SERVICES | ||||
| 1 | Stock Position Statement | ₦700 + 7.5% VAT | Per request | |
| 2 | Stock Portfolio Valuation | ₦1,500 + 7.5% VAT per page | ||
| 3 | Stock Position Statement (Collateral A/c) | ₦1,500 + 7.5% VAT per page | ||
| 4 | Global Search | ₦1,500 + 7.5% VAT | ||
| 5 | Transaction History | ₦700 + 7.5% VAT per page | ||
| 6 | Client Portfolio | ₦21,000 + 7.5% VAT | ||
| 7 | All clients account on each symbol | ₦700 + 7.5% VAT per page | Per symbol | |
| 8 | Bank net position each day | ₦78,400 + 7.5% VAT | Daily | |
| 9 | Daily Trade (Soft Copy) via E-mail or Reg connect - per symbol/month | ₦39,200 + 7.5% VAT per annum | Per symbol/month | |
| 10 | Daily Trade (Soft Copy) via E-mail or Reg connect | ₦1,960 + 7.5% VAT per annum | Per symbol/day | |
| 11 | Certificate Request/Rematerialization | ₦2,500 + 7.5% VAT | Per request | |
| REGISTRAR SERVICES | ||||
| 1 | Private placement | 0.0075% of Total Value of Security | Per request | |
| 2 | Scrip Dividend | 0.0125% of Total Value of Security | ||
| 3 | Tender Offer | 0.3% of Total units tendered | ||
| 4 | Right Issue | 0.0075% of value of the additional shares | |
| 5 | Reconstruction of security | ₦350,000 | One-off payment | |
| 6 | Processing Fee for (Stock Split) | 0.0075% of value of the additional shares | Per request |
| 7 | Processing Fee for (Reverse Stock Split) | ₦100 | Per Account |
| 8 | E-Reconstruction of Security | 0.0125% of Total Value of Security + 7.5% VAT | Per request | |
| 9 | E-merger of securities | 0.0075% of value of the shares | |
| 10 | Cross-boarder share transfer (NewGold - Incoming) | ₦6,000 | Per Transfer |
| 11 | Cross-boarder share transfer (NewGold - Out-going) | ₦12,000 | |
| 12 | E-lodgment | ₦5,600 | Per request |
| ACCOUNT SERVICES | ||||
| 1 | Inter-member Transfer | ₦1,500 per request per day | ||
| ₦72,800 applicable bulk account transfer request | ||||
| 2 | Change of Name | ₦1,000 + 7.5% VAT | Per account | |
| 3 | Change of Account Details | ₦1,000 + 7.5% VAT | ||
| 4 | Change of Address | ₦1,000 + 7.5% VAT | ||
| 5 | Change of Bank Account Details | ₦1,000 + 7.5% VAT | ||
| 6 | Merging of Accounts / CHN Consolidation | ₦1,000 + 7.5% VAT | ||
| 7 | Conversion of Account | ₦5,000 + 7.5% VAT | ||
| 8 | Account opening for brokers (Broker's portal | ₦20,000 + 7.5% VAT | |
| 9 | Account opening for Registrars | ₦20,000 + 7.5% VAT | |
| 10 | Brokerage Nominee Engagement & Disengagement | 0.03% of Market Value of Shares + 7.5% VAT | ||
| OPERATIONAL BULLETIN & REPORTING | ||||
| 1 | Legal Entity Identifier subscription | ₦39,200 + 7.5% VAT | One-off | |
| 2 | Legal Entity Identifier subscription (RENEWAL) | ₦19,600 + 7.5% VAT | Annual | |
| 3 | ISIN Issuance and Symbol Creation (All assets except Commercial Papers and Corporate Bonds) | ₦350,000 + 7.5% VAT | One-off | |
| 4 | ISIN Issuance and Symbol Creation for Commercial Papers and Corporate Bonds | ₦350,000 + 7.5% VAT | ||
| 5 | ISIN Issuance for DMO | ₦70,000 + 7.5% VAT | Per Request | |
| 6 | ISIN Issuance for CBN | ₦35,000 + 7.5% VAT | ||
| 7 | Listing fee for all Asset | 0.0075% of the notional amount or corporate and non-corporate medium | One-off | |
| 8 | ISIN Symbol Modification | ₦140,000 + 7.5% VAT | ||
| 9 | Delisting of Symbol/ISIN code | ₦100,000 + 7.5% VAT | |
| RESOLUTION AND QUALITY ASSURANCE | ||||
| 1 | Global Search for Judiciary | 0.5% of total securities per account | Per Request |
| 2 | Stock position & Stock valuation report for Judiciary | 0.5% of total securities per account | Per Account |
| 3 | Transaction & Trade History for Judiciary | 0.5% of total securities per account | Per security |
| START-UP OPERATIONS | ||||
| 1 | Coupon Payment services | ₦35 per record | Per Request | |
| 2 | WHT on Dividend Service (OGIRS) | Minimum 5% of Withholding tax collected for state | Per remittance | |
| API SERVICES | ||||
| 1 | Account Opening Service (Direct Integration) | ₦280,000 + 7.5% VAT | One-off payment | |
| 2 | Single Portfolio View (Integration fee) | ₦280,000 + 7.5% VAT | ||
| 3 | Single Portfolio View (Subscription fee) | ₦140 + 7.5% VAT | Per month | |
| A | REGULAR ACCOUNTS | |||
| 1 | API Integration Fee | ₦210,000 + 7.5% VAT | One-off payment | |
| 2 | Additional API Integration | ₦35,000 + 7.5% VAT | ||
| 3 | Sub-Brokers Onboarding | ₦70,000 + 7.5% VAT | ||
| 4 | Annual Support Fee | ₦140,000 + 7.5% VAT | Annually | |
| 5 | Account Creation API | ₦119 + 7.5% VAT | Monthly | |
| 6 | Account Validation API | ₦119 + 7.5% VAT | ||
| 7 | Portfolio View API | ₦49 + 7.5% VAT | ||
| 8 | Detachment API | ₦49 + 7.5% VAT | ||
| B | HIGH VALUE ACCOUNTS | |||
| 1 | API Integration Fee | ₦700,000 + 7.5% VAT | One-off payment | |
| 2 | Additional API Integration | ₦175,000 + 7.5% VAT | ||
| 3 | Sub-Brokers Onboarding | ₦140,000 + 7.5% VAT | ||
| 4 | Annual Support Fee | ₦140,000 + 7.5% VAT | Annually | |
| 5 | Account Creation API | ₦119 + 7.5% VAT | Monthly | |
| 6 | Account Validation API | ₦119 + 7.5% VAT | ||
| 7 | Portfolio View API | ₦49 + 7.5% VAT | ||
| 8 | Detachment API | ₦49 + 7.5% VAT | ||
| TRANSACTION FEES | ||||
| 1 | CSCS Plc Fee NGX | 0.3% on Sales + 7.5% VAT | Per transaction | |
| 2 | CSCS Plc Fee NASD | 0.2% on Sales/Buy + 7.5% VAT | ||
| 3 | CSCS Plc Fee LCFE | 0.2% on Sales/Buy + 7.5% VAT | ||
| 4 | Nominal Transfer | 0.3% of Market Value of Shares + 7.5% VAT | ||
| 5 | Quoted Companies - Listing fee | 0.0075% of Market Capitalization to be listed | One-off | |
| 6 | Quoted Companies -Depository Fees | 0.0125% of Market Capitalization as at Last Trading Day of the preceding year + 7.5% VAT | Annually | |
Please be informed that our prices have been reviewed and will take effect on February 1, 2025. To view the updated charges and fees, click here.
| SERVICES | CURRENT PRICE (₦) | FREQUENCY | ||
|---|---|---|---|---|
| SETTLEMENT SERVICES | ||||
| A | Special Services | |||
| 1 | Special Account-Individual Onboarding | ₦10,000 + 7.5% VAT | One-off payment |
| 2 | Special Account-Family Onboarding | ₦15,000 + 7.5% VAT | |
| 3 | Special Account-Corporate Onboarding | ₦20,000 + 7.5% VAT | |
| 4 | Individual Renewal | ₦7,280 + 7.5% VAT | Annually | |
| 5 | Family Renewal | ₦14,560 + 7.5% VAT | ||
| 6 | Corporate Renewal | ₦19,500 + 7.5% VAT | ||
| 7 | Asset Managers Member Code Creation | ₦72,800 + 7.5% VAT | One-off payment | |
| 8 | Asset Managers Member Code Renewal | ₦72,800 + 7.5% VAT | Annually | |
| B | Brokerage Services | |||
| 1 | Broker Code Creation (NGX) | ₦145,600 + 7.5% VAT | One-off payment | |
| 2 | Broker Code Creation (NASD) | ₦145,600 + 7.5% VAT | ||
| 3 | Broker Code Creation (LCFE) | ₦145,600 + 7.5% VAT | ||
| 4 | Broker Code Renewal (All Markets) | ₦36,400 + 7.5% VAT | Annually | |
| 5 | Market Maker Creation (Equities) | ₦56,000 + 7.5% VAT | One-off payment |
| 6 | Market Maker Renewal (Equities) | ₦20,000 + 7.5% VAT | Annually |
| 7 | Brokers outstanding KYC with balance | ₦15 Per Kilobyte(kb) + 7.5% VAT | Per request | |
| 8 | Change of Mandates | ₦2,500 + 7.5% VAT | ||
| C | Custodian Services | |||
| 1 | Custodian Member Code Creation | ₦72,800 + 7.5% VAT | One-off payment | |
| 2 | Custodian Member Code Renewal | ₦72,800 + 7.5% VAT | Annually | |
| 3 | Creation of Custodian Segregated main & trading account | ₦36,400 + 7.5% VAT | One-off payment | |
| 4 | Issuance & Cancellation of GDR | ₦1,300 Per Detachment (inter) + 7.5% VAT | Per request | |
| 5 | Redistribution of Shares | ₦1,300 Per Detachment (inter) + 7.5% VAT | ||
| 6 | Separation of Assets | ₦1,300 Per Per Transfer + 7.5% VAT | ||
| 7 | Change of Global custodian | ₦1,300 Per Per Transfer + 7.5% VAT | ||
| 8 | Change of Domestic custodian | ₦1,300 Per Transfer + 7.5% VAT | ||
| 9 | Custodian Nominee Engagement & Disengagement | 0.03% of the Market Value of Shares | ||
| 10 | Change of Name for Custodians | ₦2,500 + 7.5% VAT | ||
| 11 | Custodian Daily Balance | ₦250,000 + 7.5% VAT | Annually |
| 12 | Linking & De-linking of Custodian trading | ₦1,300 Per Linking/De-linking of Stockbroking Firm + 7.5% VAT | Per request | |
| D | Fixed Income Instruments | |||
| 1 | Distribution of securities by Debt Management Office(DMO) | ₦84 per unit holder + ₦4 for alert on both fees + 7.5% VAT | One-off payment | |
| 2 | OTC Trades Transaction fee | ₦15 per million buy & sell + 7.5% VAT | ||
| 3 | Account Creation on S4 | ₦1,000 + 7.5% VAT | Per account |
| 4 | Transfers on S4 | 0.03% of value transferred + 7.5% VAT | Per request |
| 5 | Distribution of commercial papers | ₦2,500 per unit holder + 7.5% VAT | One-off payment | |
| COLLATERAL MANAGEMENT SERVICES | ||||
| 1 | Equity (Onboarding) | 0.25% of Total Value of Security (₦20,000 minimum) + 7.5% VAT per annum | Per request | |
| 2 | Bond (Onboarding) | 0.25 % of Total Value of Security (₦20,000 minimum) + 7.5% VAT per annum | ||
| 3 | Equity/Bond(Renewal) | 0.25% of Total Value of Security + 7.5% VAT per annum | Annually | |
| 4 | Merger of Creditor membership code | ₦650,000 + 7.5% VAT | One-off payment | |
| PARTICIPATION FEE | ||||
| 1 | Settlement Bank Participation Fee (onboarding) | ₦15.6million + 7.5% VAT | One-off payment | |
| 2 | Settlement Bank Participation Fee (renewal) | ₦1,456,000 + 7.5% VAT | Annually | |
| 3 | Receiving Bank Participation Fee (Non Settlement Bank onboarding) | ₦7.8million + 7.5% VAT | One-off payment | |
| 4 | Receiving Bank Participation Fee (Non Settlement Bank Renewal | ₦728,000 + 7.5% VAT | Annually | |
| 5 | Stockbroking Firms Eligibility Fee (NGX) | ₦36,400 + 7.5% VAT | ||
| 6 | Stockbroking Firms Eligibility Fee (NASD) | ₦36,400 + 7.5% VAT | ||
| 7 | Stockbroking Firms Eligibility Fee (LCFE) | ₦36,400 + 7.5% VAT | ||
| ONLINE SUBSCRIPTION SERVICES | ||||
| 1 | Margin Account (Per Trading/Main Account) | ₦78,400 + 7.5% VAT | Annually | |
| 2 | Special Account - Custodian | ₦78,400 + 7.5% VAT | ||
| 3 | Market Maker | ₦78,400 + 7.5% VAT | ||
| 4 | Stockbroking Firms - NGX (Portfolio View) | ₦78,400 + 7.5% VAT | ||
| 5 | Special Account - Family | ₦10,000 + 7.5% VAT | ||
| 6 | Special Account - Corporate | ₦20,000 + 7.5% VAT | ||
| 7 | Special Account - Individual | ₦5,000 + 7.5% VAT | ||
| 8 | Corporate Investor Plus (30Milloin and above) | ₦78,400 + 7.5% VAT | |
| 9 | Corporate Investor | ₦10,000 + 7.5% VAT | ||
| 10 | Individual Investor | ₦5,000 + 7.5% VAT | ||
| 11 | Stockbroking - NASD (Portfolio View) | ₦39,200 + 7.5% VAT | ||
| 12 | E-Bonus (Stockbrokers/Custodians) | ₦78,400 + 7.5% VAT | ||
| 13 | Issuer's Portal | ₦420,000 + 7.5% VAT | ||
| HARD COPY PRINTING, SHARE CERTIFICATES RELATED AND ANCILLARY SERVICES | ||||
| 1 | Stock Position Statement | ₦700 + 7.5% VAT | Per request | |
| 2 | Stock Portfolio Valuation | ₦1,500 + 7.5% VAT per page | ||
| 3 | Stock Position Statement (Collateral A/c) | ₦1,500 + 7.5% VAT per page | ||
| 4 | Global Search | ₦1,500 + 7.5% VAT | ||
| 5 | Transaction History | ₦700 + 7.5% VAT per page | ||
| 6 | Client Portfolio | ₦21,000 + 7.5% VAT | ||
| 7 | All clients account on each symbol | ₦700 + 7.5% VAT per page | Per symbol | |
| 8 | Bank net position each day | ₦78,400 + 7.5% VAT | Daily | |
| 9 | Daily Trade (Soft Copy) via E-mail or Reg connect - per symbol/month | ₦39,200 + 7.5% VAT per annum | Per symbol/month | |
| 10 | Daily Trade (Soft Copy) via E-mail or Reg connect | ₦1,960 + 7.5% VAT per annum | Per symbol/day | |
| 11 | Certificate Request/Rematerialization | ₦2,500 + 7.5% VAT | Per request | |
| REGISTRAR SERVICES | ||||
| 1 | Private placement | 0.0075% of Total Value of Security | Per request | |
| 2 | Scrip Dividend | 0.0125% of Total Value of Security | ||
| 3 | Tender Offer | 0.3% of Total units tendered | ||
| 4 | Right Issue | 0.0075% of value of the additional shares | |
| 5 | Reconstruction of security | ₦350,000 | One-off payment | |
| 6 | Processing Fee for (Stock Split) | 0.0075% of value of the additional shares | Per request |
| 7 | Processing Fee for (Reverse Stock Split) | ₦100 | Per Account |
| 8 | E-Reconstruction of Security | 0.0125% of Total Value of Security + 7.5% VAT | Per request | |
| 9 | E-merger of securities | 0.0075% of value of the shares | |
| 10 | Cross-boarder share transfer (NewGold - Incoming) | ₦6,000 | Per Transfer |
| 11 | Cross-boarder share transfer (NewGold - Out-going) | ₦12,000 | |
| 12 | E-lodgment | ₦5,600 | Per request |
| ACCOUNT SERVICES | ||||
| 1 | Inter-member Transfer | ₦1,500 per request per day | ||
| ₦72,800 applicable bulk account transfer request | ||||
| 2 | Change of Name | ₦1,000 + 7.5% VAT | Per account | |
| 3 | Change of Account Details | ₦1,000 + 7.5% VAT | ||
| 4 | Change of Address | ₦1,000 + 7.5% VAT | ||
| 5 | Change of Bank Account Details | ₦1,000 + 7.5% VAT | ||
| 6 | Merging of Accounts / CHN Consolidation | ₦1,000 + 7.5% VAT | ||
| 7 | Conversion of Account | ₦5,000 + 7.5% VAT | ||
| 8 | Account opening for brokers (Broker's portal | ₦20,000 + 7.5% VAT | |
| 9 | Account opening for Registrars | ₦20,000 + 7.5% VAT | |
| 10 | Brokerage Nominee Engagement & Disengagement | 0.03% of Market Value of Shares + 7.5% VAT | ||
| OPERATIONAL BULLETIN & REPORTING | ||||
| 1 | Legal Entity Identifier subscription | ₦39,200 + 7.5% VAT | One-off | |
| 2 | Legal Entity Identifier subscription (RENEWAL) | ₦19,600 + 7.5% VAT | Annual | |
| 3 | ISIN Issuance and Symbol Creation (All assets except Commercial Papers and Corporate Bonds) | ₦350,000 + 7.5% VAT | One-off | |
| 4 | ISIN Issuance and Symbol Creation for Commercial Papers and Corporate Bonds | ₦350,000 + 7.5% VAT | ||
| 5 | ISIN Issuance for DMO | ₦70,000 + 7.5% VAT | Per Request | |
| 6 | ISIN Issuance for CBN | ₦35,000 + 7.5% VAT | ||
| 7 | Listing fee for all Asset | 0.0075% of the notional amount or corporate and non-corporate medium | One-off | |
| 8 | ISIN Symbol Modification | ₦140,000 + 7.5% VAT | ||
| 9 | Delisting of Symbol/ISIN code | ₦100,000 + 7.5% VAT | |
| RESOLUTION AND QUALITY ASSURANCE | ||||
| 1 | Global Search for Judiciary | 0.5% of total securities per account | Per Request |
| 2 | Stock position & Stock valuation report for Judiciary | 0.5% of total securities per account | Per Account |
| 3 | Transaction & Trade History for Judiciary | 0.5% of total securities per account | Per security |
| START-UP OPERATIONS | ||||
| 1 | Coupon Payment services | ₦35 per record | Per Request | |
| 2 | WHT on Dividend Service (OGIRS) | Minimum 5% of Withholding tax collected for state | Per remittance | |
| API SERVICES | ||||
| 1 | Account Opening Service (Direct Integration) | ₦280,000 + 7.5% VAT | One-off payment | |
| 2 | Single Portfolio View (Integration fee) | ₦280,000 + 7.5% VAT | ||
| 3 | Single Portfolio View (Subscription fee) | ₦140 + 7.5% VAT | Per month | |
| A | REGULAR ACCOUNTS | |||
| 1 | API Integration Fee | ₦210,000 + 7.5% VAT | One-off payment | |
| 2 | Additional API Integration | ₦35,000 + 7.5% VAT | ||
| 3 | Sub-Brokers Onboarding | ₦70,000 + 7.5% VAT | ||
| 4 | Annual Support Fee | ₦140,000 + 7.5% VAT | Annually | |
| 5 | Account Creation API | ₦119 + 7.5% VAT | Monthly | |
| 6 | Account Validation API | ₦119 + 7.5% VAT | ||
| 7 | Portfolio View API | ₦49 + 7.5% VAT | ||
| 8 | Detachment API | ₦49 + 7.5% VAT | ||
| B | HIGH VALUE ACCOUNTS | |||
| 1 | API Integration Fee | ₦700,000 + 7.5% VAT | One-off payment | |
| 2 | Additional API Integration | ₦175,000 + 7.5% VAT | ||
| 3 | Sub-Brokers Onboarding | ₦140,000 + 7.5% VAT | ||
| 4 | Annual Support Fee | ₦140,000 + 7.5% VAT | Annually | |
| 5 | Account Creation API | ₦119 + 7.5% VAT | Monthly | |
| 6 | Account Validation API | ₦119 + 7.5% VAT | ||
| 7 | Portfolio View API | ₦49 + 7.5% VAT | ||
| 8 | Detachment API | ₦49 + 7.5% VAT | ||
| TRANSACTION FEES | ||||
| 1 | CSCS Plc Fee NGX | 0.3% on Sales + 7.5% VAT | Per transaction | |
| 2 | CSCS Plc Fee NASD | 0.2% on Sales/Buy + 7.5% VAT | ||
| 3 | CSCS Plc Fee LCFE | 0.2% on Sales/Buy + 7.5% VAT | ||
| 4 | Nominal Transfer | 0.3% of Market Value of Shares + 7.5% VAT | ||
| 5 | Quoted Companies - Listing fee | 0.0075% of Market Capitalization to be listed | One-off | |
| 6 | Quoted Companies -Depository Fees | 0.0125% of Market Capitalization as at Last Trading Day of the preceding year + 7.5% VAT | Annually | |
| SERVICES | CURRENT PRICE (₦) | FREQUENCY | |
|---|---|---|---|
| SPECIAL ACCOUNTS | |||
| 1 | Individual | ₦5,600 + 7.5% VAT | Annually |
| 2 | Family | ₦11,200 + 7.5% VAT | |
| 3 | Corporate | ₦11,200 + 7.5% VAT | |
| 4 | Custodian Code Creation | ₦56,000 + 7.5% VAT | |
| 5 | Margin/Custody Code Creation | ₦56,000 + 7.5% VAT | |
| 6 | Broker Code Creation (NGX) | ₦112,000 + 7.5% VAT | One-off payment |
| 7 | Broker Code Creation (NASD) | ₦112,000 + 7.5% VAT | |
| 8 | Primary Dealer/Market Maker Creation | ₦56,000 + 7.5% VAT | |
| 9 | Creation of Custodian Segregation main & trading account | ₦28,000 + 7.5% VAT | |
| 10 | GDR Transfer | ₦1,000 Per Detachment (inter) | Per request |
| 11 | Redistribution of Shares | ₦200 Per Detachment + 7.5% VAT | |
| 12 | Linking & De-listing of Custodian trading | ₦1,000 Per Linking/De-linking of Stockbroking Firm + 7.5% VAT | |
| 13 | Reconstruction of symbol/security | ₦250,000 + 7.5% VAT | One-off payment |
| 14 | Merger of Creditor membership code | ₦500,000 + 7.5% VAT | |
| COLLATERAL MANAGEMENT SERVICES | |||
| 1 | Equity | 0.25% of Total Value of Security + 7.5% VAT per annum | Annually |
| 2 | Bond | 0.25 % of Total Value of Security + 7.5% VAT per annum | |
| 3 | Creditor Eligibility Member Code - LIEN | ₦28,000 + 7.5% VAT | |
| 4 | Minimum Lien Fee | ₦20,000 + 7.5% VAT | N/A |
| PARTICIPATION FEE | |||
| 1 | Settlement Bank Participation Fee (onboarding) | ₦12million + 7.5% VAT | One-off payment |
| 2 | Settlement Bank Participation Fee (renewal) | ₦1,120,000 + 7.5% VAT | Annually |
| 3 | Stockbroking Firms Eligibility Fee (NGX) | ₦28,000 + 7.5% VAT | |
| 4 | Stockbroking Firms Eligibility Fee (NASD) | ₦28,000 + 7.5% VAT | |
| 5 | Stockbroking Firms Eligibility Fee (LCFE) | ₦28,000 + 7.5% VAT | |
| ONLINE SUBSCRIPTION SERVICES | |||
| 1 | Margin Account (Per Trading/Main Account) | ₦56,000 + 7.5% VAT | Annually |
| 2 | Special Account - Custodian | ₦56,000 + 7.5% VAT | |
| 3 | Primary Dealer/Market Maker | ₦56,000 + 7.5% VAT | |
| 4 | Stockbroking Firms - NGX (Portfolio View) | ₦56,000 + 7.5% VAT | |
| 5 | Special Account - Family | ₦5,600 + 7.5% VAT | |
| 6 | Special Account - Corporate | ₦11,200 + 7.5% VAT | |
| 7 | Special Account - Individual | ₦2,800 + 7.5% VAT | |
| 8 | Corporate Investor | ₦5,600 + 7.5% VAT | |
| 9 | Individual Investor | ₦2,800 + 7.5% VAT | |
| 10 | Stockbroking - NASD (Portfolio View) | ₦28,000 + 7.5% VAT | |
| 11 | E-Bonus (Stockbrokers/Custodians) | ₦56,000 + 7.5% VAT | |
| HARD COPY PRINTING, SHARE CERTIFICATES RELATED AND ANCILLARY SERVICES | |||
| 1 | Stock position statement | ₦500 + 7.5% VAT | Per request |
| 2 | Stock portfolio valuation | ₦1,000 + 7.5% VAT per page | |
| 3 | Stock position statement (Collateral A/c) | ₦1,000 + 7.5% VAT per page | |
| 4 | Global Search | ₦1,000 + 7.5% VAT | |
| 5 | Transaction History | ₦500 + 7.5% VAT per page | |
| 6 | Daily Trade (Soft Copy) via Data Exchange | ₦56,000 + 7.5% VAT per annum | |
| 7 | Certificate Deposit/E-lodgment | ₦5,600 + 7.5% VAT | |
| 8 | Share Certificate Withdrawal | ₦250,000 + 7.5% VAT | |
| 9 | Certificate Request/Rematerialization | ₦250,000 + 7.5% VAT | |
| 10 | Client Portfolio | ₦15,000 + 7.5% VAT | |
| 11 | All clients account on each symbol | ₦500 + 7.5% VAT per page | Per symbol |
| 12 | Bank net position each day | ₦56,000 + 7.5% VAT | Daily |
| 13 | Inter-member Transfer | ₦1,000 + 7.5% VAT per request per day ₦56,000 + 7.5% VAT applicable bulk account transfer request | n/a |
| LEGAL ENTITY IDENTIFIER | |||
| 1 | Legal Entity Identifier subscription | ₦28,000 + 7.5% VAT per annum | One-off |
| 2 | Legal Entity Identifier subscription (RENEWAL) | ₦14,000 + 7.5% VAT per annum | Annual |
| API SERVICES | |||
| 1 | Account Opening Service (Direct Integration) | ₦200,000 + 7.5% VAT | One-off payment |
| 2 | Single Portfolio View (Integration fee) | ₦200,000 + 7.5% VAT | |
| 3 | Single Portfolio View (Subscription fee) | ₦100 + 7.5% VAT | Per month |
| Unitized Fund Depository | |||
| 1 | Unitized Fund Depository | 0.0050% of value of asset – (Less than N10 billion asset worth) | One-off |
| 0.0045% of value of asset – (Between N10 billion and N20 billion asset worth) | |||
| 0.0040% of value of asset – (more than N20 billion) | |||
| ISIN ISSUANCE AND SWIFT SUBSCRIPTION | |||
| 1 | ISIN Issuance and Symbol Creation All assets (except Commercial Papers and Corporate Bonds) | ₦100,000 + 7.5% VAT one-off | One-off |
| 2 | ISIN Issuance and Symbol Creation Commercial Papers and Corporate Bonds | ₦250,000 + 7.5% VAT one-off | One-off |
| TRANSACTION FEES | |||
| 1 | CSCS Plc Fee NGX | 0.3% on Sales + 7.5% VAT | Per transaction |
| 2 | CSCS Plc Fee NASD | 0.2% on Sales/Buy + 7.5% VAT | |
| 3 | CSCS Plc Fee LCFE | 0.2% on Sales/Buy + 7.5% VAT | |
| 4 | Nominal Transfer | 0.3% of Total Security Value + 7.5% VAT | |
| 5 | Quoted Companies - Listing fee | 0.0075% of Market Capitalization to be listed | One-off |
| 6 | Quoted Companies -Depository Fees | 0.0125% of Market Capitalization as at Last Trading Day of the preceding year + 7.5% VAT | Annually |
IMPORTANT NOTICE:
If your online subscription service expired in 2024, kindly note that you can only renew for one year at the current price. Subsequent renewals will be subject to the revised 2025 pricing. We recommend taking this into account as you plan your service renewals.
For all other services, remember to include the specific customer’s name in the payment narration of your transactions to ensure timely and accurate processing of requests.
