Contact us on 0700 CALL CSCS (0700 2255 2727) or contact@cscs.ng

Charges and Fees

Below are the fees and charges that apply to all CSCS PLC product and services

 PRODUCTSNEW RATE (₦)SCHEDULE
1Stock position statement₦200 Per A/C + 7.5% VAT
2Stock position statement (Collateral A/c)Transaction History
₦500 Per A/C on LIEN + 7.5% VAT
3Transaction History₦100 Per Stock + 7.5% VAT
4Daily Trade (Hard Copy)₦200 Per Trade + 7.5% VAT
5Daily Trade (Soft Copy) via Data Exchange₦200 Per Day + 7.5% VAT
6Client Database ₦5,000 Per House + 7.5% VAT
7Certificate Deposit/E-lodgement₦10 Per KB + 7.5% VAT
8Share Certificate Withdrawal ₦100 Per Security + 7.5% VAT
9Certificate Request ₦500 Per Request/Stock + 7.5% VAT
10Website for Participants₦50,000 Per Annum + 7.5% VAT
11Client Portfolio₦10,000 Per House + 7.5% VAT
12All clients account on each symbol₦100 Per Symbol/Page + 7.5% VAT
13Bank net position each day₦200 Per Day + 7.5% VAT
Special Accounts
Special Account Creation Renewal
14 Individual ₦5,000 + 7.5% VATAnnually
15Family ₦10,000 + 7.5% VATAnnually
16Corporate ₦10,000 + 7.5% VATAnnually
17Custodian Code Creation₦50,000 + 7.5% VATAnnually
18Margin/Custody Code Creation₦50,000 + 7.5% VATAnnually
19 Broker Code Creation (NSE)₦100,000 + 7.5% VAT
20Broker Code Creation (NASD)₦100,000 + 7.5% VAT
21Primary Dealer/Market Maker Creation ₦50,000 + 7.5% VAT
22Creation of Custodian Segregation main & trading account ₦25,000 + 7.5% VAT
23GDR Transfer ₦500 Per Detachment (inter)

Free within Custodian (intra) + 7.5% VAT
24Redistribution of Shares ₦200 Per Detachment + 7.5% VAT
25Linking & De-listing of Custodian trading₦500 Per Linking/De-linking of Stockbroking Firm + 7.5% VAT
26Mutual Fund/ETF₦100,000 + 7.5% VAT
27Reconstruction of symbol/security₦100,000 + 7.5% VAT
28Symbol Creation, Conversion or Change₦100,000 + 7.5% VAT
29Merger of Creditor membership code ₦100,000 + 7.5% VAT
LIEN CHARGES ARE AS FOLLOWS
30Lien Onboarding Fee - Equities0.25% of Total Value of Security + 7.5% VAT
31Lien Onboarding Fee - Bonds0.25% of Total Value of Security + 7.5% VAT
32Lien Renewal or Annual Fee - Equity0.25% of Total Value of Security + 7.5% VATAnnually
33Lien Renewal or Annual Fee - Bonds0.25% of Total Value of Security + 7.5% VATAnnually
34Creditor Eligibility Member Code - LIEN₦25,000 + 7.5% VATAnnually
CONSIDERATIONS
1. Liens existing before 2014 will expire as specified in the JML, after which renewals will only be executed based on the terms of our revised JML for executing Lien.
2. Liens with JMLs  that have specified the renewal duration as biennial, will be renewed as such until termination.
ONLINE SUBSCRIPTION ACCESS
35Margin Account (Per Trading/Main Account)₦5,000 Annually + 7.5% VAT
36Special Account - Custodian ₦50,000 + 7.5% VAT
37Primary Dealer/Market Maker ₦50,000 + 7.5% VAT
38Stockbroking Firms ₦50,000 + 7.5% VAT
39Special Account - Corporate/Family₦5,000 + 7.5% VAT
40Special Account - Individual₦2,500 + 7.5% VAT
41Corporate Investor₦5,000 + 7.5% VAT
42Individual Investor₦2,500 + 7.5% VAT
43Stockbroking - NASD (Portfolio View)₦20,000 + 7.5% VAT
44E-Bonus (Stock Brokers/Custodians)₦50,000 + 7.5% VAT
TRANSACTION FEE
45CSCS Plc Fee NSE0.3% on Sales + 7.5% VAT
46CSCS Plc Fee NASD0.2% on Sales/Buy + 7.5% VAT
47Nominal Transfer0.3% of Total Security Value + 7.5% VAT
OTHER FEES
48 Settlement Bank Participation Fee₦10M + 7.5% VAT
49Settlement Bank Participation Fee ₦250,000

(₦1,000,000 wef 2015) + 7.5% VAT
Annually
50Stockbroking Firms Eligibility Fee (NSE)₦25,000 (Inclusive of VAT) + 7.5% VATAnnually
51Stockbroking Firms Eligibility Fee (NASD)₦15,000 (Inclusive of VAT) + 7.5% VATAnnually
52Quoted Companies Depository Fees 0.0125% of Market Capitalization on the First Trading Day in December of every year for succeeding year's fee + 7.5% VATInitial Depository Fee is at the same rate upon acceptance into the Depository
LEGAL ENTITY IDENTIFIER
Subscription FeeRenewal Fee
53Legal Entity Identifier ₦25, 000 + 7.5% VAT₦12, 500 + 7.5% VAT