Yes, you can change your Next of Kin (NOK) for your company stocks in Nigeria.
But how you change it depends on where you bought the shares.
There are 3 common ways:
🥇 Method 1 — Through Your Stockbroker (Easiest)
If you bought shares through:
A stockbroker app
A brokerage firm
Contact your stockbroker and request:
“Next of Kin Update Form”
They will:
Send form
You fill it
Submit with ID
Examples of stockbrokers:
Meristem Securities Limited
CardinalStone Securities
Stanbic IBTC Stockbrokers
🥈 Method 2 — Through the Company Registrar (Most Common)
Each company has a registrar that manages shareholder records.
Examples:
DataMax Registrars Limited
Coronation Registrars Limited
Africa Prudential Plc
First Registrars & Investor Services
You will:
Contact registrar
Request Next of Kin Update Form
Fill form
Attach ID
Submit
🥉 Method 3 — Through CSCS Account (If You Have One)
If you already opened CSCS account, you can:
Contact your stockbroker
Request CSCS update form
Update Next of Kin
Example:
Central Securities Clearing System Plc
📋 Documents Usually Required
You may need:
Valid ID
Passport photo
Signature
CSCS number (if available)
Shareholder number
⏱️ How Long It Takes
3 days — 2 weeks (depending on registrar)
Important Tip
Your Next of Kin is very important because:
It helps claim dividends
It helps transfer shares if anything happens
It avoids legal problems