My CHN number on Afrivest is different from what I have on other apps like Bamboo and Invest Naija how do I merge them together to have a single CHN number.
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My CHN number on Afrivest is different from what I have on other apps like Bamboo and Invest Naija how do I merge them together to have a single CHN number.
Having multiple CHN numbers can make it difficult to track your investments properly. Merging them into one is a smart decision. STEP-BY-STEP GUIDE 1. Choose Your Main CHN Pick the one: With most shares Or linked to your main broker 2. Contact Your Broker Reach out (e.g., Afrinvest) and request: 👉Read more
Having multiple CHN numbers can make it difficult to track your investments properly. Merging them into one is a smart decision.
STEP-BY-STEP GUIDE
1. Choose Your Main CHN
Pick the one:
2. Contact Your Broker
Reach out (e.g., Afrinvest) and request:
👉 CHN consolidation or account merge
3. Provide Required Details
You may be asked for:
4. Fill Required Forms
Your broker will guide you to complete:
5. Processing by CSCS
Your accounts will be merged into one. Other CHNs will be closed
BENEFITS
WISDOM NOTE
A well-organized portfolio is easier to grow and manage.
Goodluck!!
See lessHow To Merge Your CHN (Step-by-Step) Step 1 — Decide Your Primary CHN Choose the CHN you want to keep (usually): The one with most shares The one linked to your main broker Step 2 — Contact One Broker (Recommended: Afrinvest) Contact Afrinvest support and request: "CHN Consolidation / CSCS AcRead more
How To Merge Your CHN (Step-by-Step)
Step 1 — Decide Your Primary CHN
Choose the CHN you want to keep (usually):
The one with most shares
The one linked to your main broker
Step 2 — Contact One Broker (Recommended: Afrinvest)
Contact Afrinvest support and request:
“CHN Consolidation / CSCS Account Merge”
They will ask for:
All your CHN numbers
Valid ID
Signature
CSCS account details
Step 3 — Fill CHN Consolidation Form
Your broker will give you:
CSCS Transfer Form
or
CHN Merge Form
Step 4 — CSCS Will Merge Them
After submission:
Your shares move into one CHN
Other CHNs get deactivated
Important Things To Know
Benefits of One CHN
✔ Easier dividend tracking
✔ Easier portfolio management
✔ Less confusion
✔ Easier transfer between brokers
Possible Small Charges
Some brokers may charge:
₦1,000 — ₦5,000 (not always)
My Recommendation For You
Since you use:
Afrinvest
Bamboo
InvestNaija
I recommend:
Use Afrinvest CHN as primary
Merge others into Afrinvest
Because Afrinvest:
Has stronger CSCS integration
Better for Nigerian stocks
Alternative Option (Direct CSCS Route)
You can also contact:
Central Securities Clearing System directly:
Email: info@cscsnigerialtd.com
But going through your broker is easier.
This is actually a very smart move you’re making — many investors forget this and later struggle with:
Missing dividends
Lost shares
Multiple records
See less