1. Commercial paper is an unsecured short-term debt instrument issued by corporations (companies) to raise funds to meet immediate working capital needs or payroll. 2. Reasons commercial paper is preferred over bank loans: * Commercial paper interest rates are lower than bank loans. When companies iRead more
1. Commercial paper is an unsecured short-term debt instrument issued by corporations (companies) to raise funds to meet immediate working capital needs or payroll.
2. Reasons commercial paper is preferred over bank loans:
* Commercial paper interest rates are lower than bank loans. When companies issue commercial paper, it’s an avenue to borrow money from investors. The interest they will pay investors is lower than the interest they will pay if that money is borrowed from the bank.
* Commercial paper is issued within few days, compared to the longer approval and documentation processes required for bank loans.
* No collateral is needed to issue a commercial paper.
Commercial paper being an unsecured short-term debt instrument, issuers are not required to pledge assets, allowing them to keep assets free for other purposes, unlike bank loans which require a collateral.
You can use your previous CHN in another broker app, but you must ensure that your details in the previous CHN matches the current one. If the details do not correspond, you might end up generating another CHN.
You can use your previous CHN in another broker app, but you must ensure that your details in the previous CHN matches the current one. If the details do not correspond, you might end up generating another CHN.
Below are some of the qualities of a good stock: 1. Payment of dividends: This quality is essential, most especially for a beginner. It is imperative to start with blue-chip stocks, they are strong, big, popular and also pay dividends. 2. Liquidity status: Liquidity is the ability of a stock to be bRead more
Below are some of the qualities of a good stock:
1. Payment of dividends: This quality is essential, most especially for a beginner. It is imperative to start with blue-chip stocks, they are strong, big, popular and also pay dividends.
2. Liquidity status: Liquidity is the ability of a stock to be bought and sold quickly and fairly. There are stocks of high liquidity, this entails buying and selling fairly with ease, while there are stocks of low liquidity, this entails the difficulty in buying fairly, most especially the inability to sell at a good price with ease.
3. Total debt v Net debt: This shows the financial health of a company. A company whose net debt is greater than its total debt is at a financial risk.
Companies with earnings can still suffer price stagnation due to the following reasons: 1. Overvaluation (de-rating): A company which has been overvalued might take some time for it's price to meet its valuation. If the market perceives that the companies performance does not meet it's high valuatioRead more
Companies with earnings can still suffer price stagnation due to the following reasons:
1. Overvaluation (de-rating): A company which has been overvalued might take some time for it’s price to meet its valuation. If the market perceives that the companies performance does not meet it’s high valuation, stock price might drop or stay stagnant, despite it’s earnings.
2. Earnings might look high due to one time events, such as selling an asset or tax benefits, rather than growing operational sales.
A company which has strong historical profits but no future growth prospects will likely experience price stagnation.
Since you have lost access to your stockbroker, use these alternative methods to retrieve your CSCS and CHN. 1. Email: Send an email to contact@cscs.ng requesting a "Global Search". 2. Phone call: Call CSCS using 0700 2255 2727. What to provide: Your full name, phone number, and BVN. The CSCS will uRead more
Since you have lost access to your stockbroker, use these alternative methods to retrieve your CSCS and CHN.
1. Email: Send an email to contact@cscs.ng requesting a “Global Search”.
2. Phone call: Call CSCS using 0700 2255 2727.
What to provide: Your full name, phone number, and BVN. The CSCS will use these to pull up all investments associated with your identity. It will also provide your CSCS and CHN.
The Clearing House Number (CHN) consist of 10 figures and it's a mixture of numbers and alphabets, while the CSCS doesn't have alphabets, it's just numbers and the CSCS acts as your account number in the stock market. Do you still remember the stockbroker you used, also, what year did you purchase tRead more
The Clearing House Number (CHN) consist of 10 figures and it’s a mixture of numbers and alphabets, while the CSCS doesn’t have alphabets, it’s just numbers and the CSCS acts as your account number in the stock market.
Do you still remember the stockbroker you used, also, what year did you purchase the stocks?
MTN Telecom has declared its dividend which is #15.00 per share. The ex dividend date (qualification date) is April 8th, 2026. This means that if you should buy MTN stock now or on April 8th, you will be eligible to receive dividends which will be paid around or on May 5th, 2026. It is imperative toRead more
MTN Telecom has declared its dividend which is #15.00 per share.
The ex dividend date (qualification date) is April 8th, 2026.
This means that if you should buy MTN stock now or on April 8th, you will be eligible to receive dividends which will be paid around or on May 5th, 2026.
It is imperative to check the Relative Strength Index (RSI) of the stock before buying.
It determines if a stock is overbought or oversold, this serves as a guide to know if a stock has high chances of rising or falling soon, thereby helping you to know when to buy.
The shares are stored with the Central Securities Clearing System (CSCS). Get the CSCS number from the stock broker used in trading. Log into the CSCS platform using your Clearing House Number (CHN). All the shares will be visible. Regarding how to claim dividends. Identify the stocks bought, afterRead more
The shares are stored with the Central Securities Clearing System (CSCS). Get the CSCS number from the stock broker used in trading. Log into the CSCS platform using your Clearing House Number (CHN). All the shares will be visible.
Regarding how to claim dividends.
Identify the stocks bought, after that, search for the name of the Registrar in charge of the stocks. Fill the e-dividend mandate form, all unclaimed dividends will be visible, you can fill in your bank details to receive payment.
Note: Dividend payment can only be made if the company had declared dividend payment, and also if the stocks were bought before or on the ex dividend date (qualification date).
In buying stocks, bid is the price at which buyers are willing to buy, while offer is the price at which sellers are willing to sell. These can be found in the stock order book. Also, the best time to buy stocks is during recession, e.g economy breakdown. Stocks are best bought when it is dropping.Read more
In buying stocks, bid is the price at which buyers are willing to buy, while offer is the price at which sellers are willing to sell. These can be found in the stock order book.
Also, the best time to buy stocks is during recession, e.g economy breakdown. Stocks are best bought when it is dropping.
It is imperative to study the support and resistance level of stocks. The support level is the price a stock will drop to then buyers will begin to dominate the market, that is the best time to buy, while the resistance level is the price the stock will rise to before sellers dominate the market by selling off shares, except when there is a breakthrough.
The support and resistance level can guide you in knowing when to buy and sell, it is advisable to combine it with other technical analysis tools.
The best way to begin stock investment is to open a brokerage account with a registered stock broker. Secondly, invest in blue-chip stocks, they are big, strong, popular and also pay dividends. Thirdly, ensure to diversify. Diversification helps to spread risk and balance losses. Invest in stocks fRead more
The best way to begin stock investment is to open a brokerage account with a registered stock broker.
Secondly, invest in blue-chip stocks, they are big, strong, popular and also pay dividends.
Thirdly, ensure to diversify. Diversification helps to spread risk and balance losses. Invest in stocks from different sectors and industries.
What Is Commercial Paper and Why Do Companies Prefer It Over Bank Loans?
1. Commercial paper is an unsecured short-term debt instrument issued by corporations (companies) to raise funds to meet immediate working capital needs or payroll. 2. Reasons commercial paper is preferred over bank loans: * Commercial paper interest rates are lower than bank loans. When companies iRead more
1. Commercial paper is an unsecured short-term debt instrument issued by corporations (companies) to raise funds to meet immediate working capital needs or payroll.
2. Reasons commercial paper is preferred over bank loans:
* Commercial paper interest rates are lower than bank loans. When companies issue commercial paper, it’s an avenue to borrow money from investors. The interest they will pay investors is lower than the interest they will pay if that money is borrowed from the bank.
* Commercial paper is issued within few days, compared to the longer approval and documentation processes required for bank loans.
* No collateral is needed to issue a commercial paper.
Commercial paper being an unsecured short-term debt instrument, issuers are not required to pledge assets, allowing them to keep assets free for other purposes, unlike bank loans which require a collateral.
See lessCan I Use the Same CHN Across Different Stock Brokers in Nigeria?
You can use your previous CHN in another broker app, but you must ensure that your details in the previous CHN matches the current one. If the details do not correspond, you might end up generating another CHN.
You can use your previous CHN in another broker app, but you must ensure that your details in the previous CHN matches the current one. If the details do not correspond, you might end up generating another CHN.
See lessHow can a beginner in Nigeria identify a good stock to buy in the NGX stock market?
Below are some of the qualities of a good stock: 1. Payment of dividends: This quality is essential, most especially for a beginner. It is imperative to start with blue-chip stocks, they are strong, big, popular and also pay dividends. 2. Liquidity status: Liquidity is the ability of a stock to be bRead more
Below are some of the qualities of a good stock:
1. Payment of dividends: This quality is essential, most especially for a beginner. It is imperative to start with blue-chip stocks, they are strong, big, popular and also pay dividends.
2. Liquidity status: Liquidity is the ability of a stock to be bought and sold quickly and fairly. There are stocks of high liquidity, this entails buying and selling fairly with ease, while there are stocks of low liquidity, this entails the difficulty in buying fairly, most especially the inability to sell at a good price with ease.
3. Total debt v Net debt: This shows the financial health of a company. A company whose net debt is greater than its total debt is at a financial risk.
See lessWhy Do Stocks With Strong Earnings Experience Long-Term Price Stagnation?
Companies with earnings can still suffer price stagnation due to the following reasons: 1. Overvaluation (de-rating): A company which has been overvalued might take some time for it's price to meet its valuation. If the market perceives that the companies performance does not meet it's high valuatioRead more
Companies with earnings can still suffer price stagnation due to the following reasons:
1. Overvaluation (de-rating): A company which has been overvalued might take some time for it’s price to meet its valuation. If the market perceives that the companies performance does not meet it’s high valuation, stock price might drop or stay stagnant, despite it’s earnings.
2. Earnings might look high due to one time events, such as selling an asset or tax benefits, rather than growing operational sales.
A company which has strong historical profits but no future growth prospects will likely experience price stagnation.
See lessHow do I recover my lost shares and unpaid dividends in the Nigerian stock market (NGX)?
Since you have lost access to your stockbroker, use these alternative methods to retrieve your CSCS and CHN. 1. Email: Send an email to contact@cscs.ng requesting a "Global Search". 2. Phone call: Call CSCS using 0700 2255 2727. What to provide: Your full name, phone number, and BVN. The CSCS will uRead more
Since you have lost access to your stockbroker, use these alternative methods to retrieve your CSCS and CHN.
1. Email: Send an email to contact@cscs.ng requesting a “Global Search”.
2. Phone call: Call CSCS using 0700 2255 2727.
See lessWhat to provide: Your full name, phone number, and BVN. The CSCS will use these to pull up all investments associated with your identity. It will also provide your CSCS and CHN.
How do I recover my lost shares and unpaid dividends in the Nigerian stock market (NGX)?
The Clearing House Number (CHN) consist of 10 figures and it's a mixture of numbers and alphabets, while the CSCS doesn't have alphabets, it's just numbers and the CSCS acts as your account number in the stock market. Do you still remember the stockbroker you used, also, what year did you purchase tRead more
The Clearing House Number (CHN) consist of 10 figures and it’s a mixture of numbers and alphabets, while the CSCS doesn’t have alphabets, it’s just numbers and the CSCS acts as your account number in the stock market.
See lessDo you still remember the stockbroker you used, also, what year did you purchase the stocks?
In buy stock what is bid and offer and when is the right time to buy so I don't buy costly?
MTN Telecom has declared its dividend which is #15.00 per share. The ex dividend date (qualification date) is April 8th, 2026. This means that if you should buy MTN stock now or on April 8th, you will be eligible to receive dividends which will be paid around or on May 5th, 2026. It is imperative toRead more
MTN Telecom has declared its dividend which is #15.00 per share.
See lessThe ex dividend date (qualification date) is April 8th, 2026.
This means that if you should buy MTN stock now or on April 8th, you will be eligible to receive dividends which will be paid around or on May 5th, 2026.
It is imperative to check the Relative Strength Index (RSI) of the stock before buying.
It determines if a stock is overbought or oversold, this serves as a guide to know if a stock has high chances of rising or falling soon, thereby helping you to know when to buy.
How to Recover Shares and Unclaimed Dividends of a Deceased Parent?
The shares are stored with the Central Securities Clearing System (CSCS). Get the CSCS number from the stock broker used in trading. Log into the CSCS platform using your Clearing House Number (CHN). All the shares will be visible. Regarding how to claim dividends. Identify the stocks bought, afterRead more
The shares are stored with the Central Securities Clearing System (CSCS). Get the CSCS number from the stock broker used in trading. Log into the CSCS platform using your Clearing House Number (CHN). All the shares will be visible.
Regarding how to claim dividends.
Identify the stocks bought, after that, search for the name of the Registrar in charge of the stocks. Fill the e-dividend mandate form, all unclaimed dividends will be visible, you can fill in your bank details to receive payment.
Note: Dividend payment can only be made if the company had declared dividend payment, and also if the stocks were bought before or on the ex dividend date (qualification date).
See lessIn buy stock what is bid and offer and when is the right time to buy so I don't buy costly?
In buying stocks, bid is the price at which buyers are willing to buy, while offer is the price at which sellers are willing to sell. These can be found in the stock order book. Also, the best time to buy stocks is during recession, e.g economy breakdown. Stocks are best bought when it is dropping.Read more
In buying stocks, bid is the price at which buyers are willing to buy, while offer is the price at which sellers are willing to sell. These can be found in the stock order book.
Also, the best time to buy stocks is during recession, e.g economy breakdown. Stocks are best bought when it is dropping.
It is imperative to study the support and resistance level of stocks. The support level is the price a stock will drop to then buyers will begin to dominate the market, that is the best time to buy, while the resistance level is the price the stock will rise to before sellers dominate the market by selling off shares, except when there is a breakthrough.
The support and resistance level can guide you in knowing when to buy and sell, it is advisable to combine it with other technical analysis tools.
See lessWhat is the best way to begin stock investment?
The best way to begin stock investment is to open a brokerage account with a registered stock broker. Secondly, invest in blue-chip stocks, they are big, strong, popular and also pay dividends. Thirdly, ensure to diversify. Diversification helps to spread risk and balance losses. Invest in stocks fRead more
The best way to begin stock investment is to open a brokerage account with a registered stock broker.
Secondly, invest in blue-chip stocks, they are big, strong, popular and also pay dividends.
Thirdly, ensure to diversify. Diversification helps to spread risk and balance losses. Invest in stocks from different sectors and industries.
See less