Nova Finance Securities is a dealing member of the Nigerian Stock Exchange.

We are aware that you have a lot on your mind and as stockbrokers, Nova Finance Securities Limited is able to place at your disposal our experience and expertise in dealing in securities of public companies and bonds quoted on The Exchange. We provide a wide selection of investment products and services to help you develop your financial plan. Through ongoing service and professional management, we can help you reach your goals.

The minimum amount required to open a Stockbroking account with us is =N=100t (one hundred thousand naira) which can be a cheque, transfer of shares already resident with other stock broking firms or a combination of the two.

How to open a Stockbroking account

  1. Submit all the required account opening documents:
  2. Corporate (download) / Individual (download) / CSCS (download) Account Opening Form
    • Photocopy Of Passport / Driver’s License
    • Passport Photograph
    • Proof of Address (e.g. copy of a recent utility bill)
    • Signed and stamped E-mail/Facsimile Indemnity
    • Stock broking Terms and Conditions
    • Effect payment via cheque or a transfer of shares.
  3. Two accounts will be opened on your behalf:
    • A Stockbroking Account with us
    • A Central Securities Clearing System Limited (CSCS LTD) otherwise called your CSCS account.
  4. Once your stockbroking accounts have been opened, you will be given online access to your account and your access code and password will be sent to you. You will be able to:
    • Securely access your account 24 hours a day, 7 days a week.
    • View detailed account statement and transactions executed on your account.
    • Download account details to spreadsheets.
    • Place purchase and sale mandates through your on-line account and notifications on the status of mandates placed will be sent to you via E-mail.
    • A trade notification E-mail will be sent to you and the Contract notes for the trades can be viewed via your online account.
    • View the status of share certificates deposited for verification.
    • Review up to 18 months of account activity.
    • Easy downloads to public offer subscription forms.
  5. CSCS Forms Download
    • Intermember Transfer Form
    • Detachment of Stock
    • Trade Alert Form
  6. Other Downloads
    • Shares Transfer Form
    • Additional Information Form