25,225 executives within 2,507 companies



logo.png

CENTRAL SECURITIES CLEARING SYSTEM
CSCS

Last update 1 month ago

Industry Financial Services (343)
Lagos, Nigeria
Workforce 51 - 200 employees

+234 1 903 3551 | +234 1 460 1900

Email info@cscsnigeriaplc.com Website


The Central Securities Clearing System (CSCS) Plc was incorporated on July 29, 1992 as a Financial Market Infrastructure (FMI) for the Nigerian Capital Market. It was commissioned in April, 1997 and commenced operations in April 14, 1997. On the 16th of May 2012, CSCS became a Public Liability Company (PLC) by a special resolution.

The Securities and Exchange Commission issued its license as an Agent for Central Depository, Clearing and Settlement of transactions in the Nigerian Capital Market. It operates a computerized depository, clearing, settlement and delivery system for transactions in securities in the Nigerian Capital Market.

CSCS facilitates the delivery (transfer of securities from seller to buyer) and settlement (payment of bought shares) of securities transacted on the approved Nigerian Exchanges. It enables securities to be processed in an electronic book-entry form thereby substantially reducing the period it takes a transaction to commence and end.

CSCS has made visible strides in the Nigerian Capital Market and will continue to respond to the needs of the securities and commodities market to further enhance transparency and speedy settlement of transactions.

Functions

  • Central depository for share certificates of companies quoted on The Nigerian Stock Exchange.

  • Sub-registry for all quoted securities (in conjunction with registrars of quoted companies)
  • Issuer of central securities identification numbers to shareholders; and
  • Custodian (in conjunction with custodian member(s) for local and foreign instruments.
BOARD

H... J...

Chief Executive Officer
Effective this month
CENTRAL SECURITIES CLEARING SYSTEM
CSCS
Nigeria - Financial Services
Chief Executive Officer
Effective this month

Non-Executive Director
Unknown - 2017

THE NIGERIAN STOCK EXCHANGE
NSE
Nigeria - Financial Services
Executive Director, Capital Markets​
Left 1 month ago

41 relationships

O... O...

Chairman
Ongoing
THE NIGERIAN STOCK EXCHANGE
NSE
Nigeria - Financial Services
Chief Executive Officer
Effective 6 years ago


CENTRAL SECURITIES CLEARING SYSTEM
CSCS
Nigeria - Financial Services
Chairman
Ongoing


FMDQ OTC SECURITIES EXCHANGE
Nigeria - Financial Services
Non-Executive Director
Left 11 months ago

59 relationships

U... I...

Non-Executive Director
Ongoing

E... I...

Non-Executive Director
Effective 9 months ago

M... O...

Non-Executive Director
Effective 3 years ago

B... O...

Non-Executive Director
Ongoing

I... M...

Non-Executive Director
Ongoing
SEPLAT PETROLEUM DEVELOPMENT COMPANY
Nigeria - Energy | Oil & Gas
Independent Non-Executive Director
Ongoing

Appointed to the board 4 years ago


CENTRAL SECURITIES CLEARING SYSTEM
CSCS
Nigeria - Financial Services
Non-Executive Director
Ongoing


NIGERIAN BREWERIES
Nigeria - Beverages & Wines
Non-Executive Director
Effective 4 years ago


DIAMOND BANK
Nigeria - Finance | Banking
Independent Non-Executive Director
2012 - 2015
42 relationships

S... A...

Non-Executive Director
Ongoing

E... C...

Non-Executive Director
Ongoing

A... O...

Non-Executive Director
Ongoing

Left the company less than a year ago

K... A...

Chief Executive Officer
Left 11 months ago
CENTRAL SECURITIES CLEARING SYSTEM
CSCS
Nigeria - Financial Services
Chief Executive Officer
Left 11 months ago


EQUITY ASSURANCE
Nigeria - Finance | Insurance
Chairman
Effective 1 year ago


CRC CREDIT BUREAU
Nigeria - Financial Services
Independent Non-Executive Director
Effective 3 months ago


CHAMS
Nigeria - Technology & IT
Non-Executive Director
2016 - 2016
46 relationships

B... A...

Interim Chief Executive Officer
Left 1 month ago
THE NIGERIAN STOCK EXCHANGE
NSE
Nigeria - Financial Services
Head, Corporate Services
Left 11 months ago


CENTRAL SECURITIES CLEARING SYSTEM
CSCS
Nigeria - Financial Services
Interim Chief Executive Officer
Left 1 month ago

41 relationships
MANAGEMENT

T... O...

General Manager, Business Development
Effective 1 year ago

U... V...

Deputy General Manager, Chief Financial Officer
Ongoing

J... M...

General Manager, Information Technology And Operations
Ongoing

A... A...

Chief Risk Officer
Ongoing

Suggestions

AIICO CAPITAL
Nigeria - Financial Services
MIXTA REAL ESTATE
Nigeria - Financial Services
LECON FINANCIAL SERVICES
Nigeria - Financial Services