Tag Archives: CSCS

CSCS Pays N3.5bn To Shareholders …As members Seeks Equitable Funding For IST

CSCS-AGM

The Central Securities Clearing System (CSCS) on Monday May 28, 2018 paid a cumulative dividend of N3.5 billion to its shareholders, this translating to 70 kobo per share. The dividend pay-out is expected to be paid to shareholders whose names appeared on the register of members on as at May 15, 2018. Meanwhile, shareholders yesterday raised concern over the contributions …

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Central Securities Clearing System Rolls-Out 3-years Strategic Plans

Haruna-Jalo-Waziri

…To Leverage On technology For Process Optimization And Profitability The Central Securities Clearing System (CSCS) Plc Tuesday, February 6, 2018, unveiled its three-year strategic plan that would leverage technology for process optimization and profitability. This was revealed by the Managing Director/Chief Executive Officer, Haruna Jalo-Waziri to the company’s stakeholders in Lagos at the unveiling of CSCS new three-year strategy effective …

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CSCS Celebrates Bola Adeeko, Obinna Nwosu For Meritorious Service

The Central Securities Clearing System (CSCS) Plc recently celebrated the duo of Bola Adeeko and Obinna Nwosu for excellent and dedicated services during their time at the company as the Interim Chief Executive Officer and Non-Executive Director respectively. The send-off dinner which took place in Lagos witnessed key industry leaders from across various segments of the economy. Bola Adeeko was …

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CSCS Increases Automation, Efficiencies With TCS BaNCS, A Post Trade Service Solution

The Central Securities Clearing System (CSCS) Plc recently announced in Lagos it would increase automation and improve efficiencies in the Nigerian capital market with the deployment of TCS BaNCS, a world class multi-asset class solution for securities depository, clearing and settlement. The solution replaced the NASDAQ Equator which has been in use since inception of the company in 1997. The …

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CBN Approves Special Forex Intervention For Airlines

CBN Approves Special Forex Intervention For Airlines The Central Bank of Nigeria has approved a Special Secondary Market Intervention Retail Sales for airlines operating in the country to enable them to access foreign exchange. NAN report’s that the Deputy Director, Press and Public Affairs, Ministry of Transportation, Mr. James Odaudu, announced the plan in a statement in Abuja on Friday. …

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