The Central Securities Clearing System (CSCS) has paid a dividend of N1.76k per share, amounting to a total dividend payout of N8.8 billion.

The dividend declaration which shareholders recieved on Friday May 9, 2025, is a testament to CSCS’s strong financial performance and its commitment to rewarding investors.

Addressing shareholders at its 31, Annual General Meeting (AGM) in Lagos, chairman of the company Temi Popoola, pointed out that as the company embarks on its next growth phase, it is well positioned to continue delivering value to its stakeholders.

Our goal is to unlock new opportunities across all business lines, consolidate our leadership in the post-trade ecosystem, and drive long-term shareholder value.”  Temi Popoola noted.

On his part the Chief Executive Officer, Haruna Jalo Waziri explained that the company has made significant progress in its 2021-2025 strategic plan, reinforcing its position as the backbone of Nigeria’s capital market.

Haruna Jalo Waziri said CSCS is laying the groundwork for its next growth phase, aiming to deliver consistent and superior performance, alongside long-term value. “We are more energized than ever to deliver consistent and superior performance, alongside long-term value.”

The Central Securities Clearing System (CSCS) is a Public Limited Company with a diversified shareholder base, including the Nigerian Exchange Group, some of the largest banks in Nigeria, private equity firms, investment banks and other corporate and individual shareholders.

With over two decades of operation, serving as the Central Securities Depository for the Nigerian Capital Market, CSCS has been pivotal to the growth and transformation of the capital market, including its audacious full dematerialization of share certificates and shortening of the settlement cycle in the capital market.

CSCS serves as the Central Depository for Equities, Commercial Papers, Corporate Bonds, Sub-National Bonds, certain Sovereign Bonds (such as the FGN Sukuk and the FGN Savings Bond), Equity-traded Funds, Real estate Investment Trusts, Mutual funds and Commodities. CSCS is licensed and regulated by the Securities and Exchange Commission (SEC). The activities of CSCS are governed by the Investment and Securities Act 2007, the Companies and Allied Matters Act 2004, and the SEC Rules.

Leveraging digital technologies, CSCS serves its participants, institutional investors, and retail investors through varying channels, including its web portal, www.cscs.ng; online and mobile applications; web chatbot; Data Exchange platforms; and customer service call center, 070 CALL CSCS—070022552727 or 01 448 0500, amongst others.