CSL Stockbrokers Ltd is a stockbroking firm registered with the Nigerian Stock Exchange. We provide corporate and retail service solutions to both local and international investors. We are a member of the FCMB Group.

Our head office is located at 44, Marina Road, Lagos. However, we have Branch office in Abuja and Virtual presence in Kano, Enugu and Port-Harcourt.

You can walk into either our head office in Lagos or our branch office in Abuja or into any FCMB branch nationwide and request to open a CSL stockbroking account. Our account opening forms can also be downloaded via our web-portal, to be completed and submitted to any FCMB branch nearestto you, or to either our head office or branch/virtual offices.
The minimum account opening documentation required for individual accounts are: one passport photograph, valid utility bill and a valid means of identification (international passport, drivers license or national id card).

The minimum account opening documentation required for corporate accounts are: certificate of incorporation, forms CO2 and CO7, Memart, passport photograph of the directors, utility bills of Signatories, board resolution to open account, and signature mandate.

Sale or Purchase orders can be placed on-line via our web-portal. Orders can also be placed by Email/ Text (provided there is an existing Indemnity in place) or by walking into either our head office/branch office, or any FCMB branch nationwide, and filling out a sales or purchase mandateform
For all purchase orders, client’s account must be prefunded.

Apart from Equity transactions, you can also dematerialize your share certificates, e-bonus, process indemnity, purchase bonds and Treasury bills from both primary and secondary markets, Estate Transmission/Administration, Portfolio Audit Service and invest in Mutual Funds.

Our Research team publishes routine reports which can be accessed from our website. Also available on the website are the daily pricelist and other valuable information to enable client make wise investment decisions.

No, you would need to submit your certificate through your stockbroker for lodgment into the CSCS by the registrars before you can sell.

You would need to open a stockbroking account, complete a full dematerialization and share transfer form with a copy of valid means of identification and give to your stockbroker for onward dispatch to the registrars.

A full dematerialization process will be executed to retrieve and verify all lost and outstanding certificates.

Capital gains tax is not charged on sales proceeds. For dividend declared and paid by listed companies, a 10% Withholding tax (WHT) is paid and this is deducted at source, thus you receive dividend payments less 10% WHT. Also, for interest paid on returned monies during public offers, a 10% WHT is also charged.