Good afternoon Ike,
Thank you so much for the financial literacy education you share on Facebook. I am a keen follower of your content and really appreciate the information you provide.
I recently read your post about subscribing to Dangote, and it made me realise that something might not be right with my own subscription.
I purchased mine through Zenith Bank. From your post, I understood that I am supposed to receive an SMS containing a link that will allow me to access my CSCS. You also mentioned that the SMS would be sent to the phone number linked to my BVN.
Unfortunately, I am currently outside Nigeria, and I have not been receiving messages on that phone number.
Please, what would you advise me to do in this situation? Is there another way I can access my CSCS?
Thank you very much for your help.
Good afternoon my dear friend,It warms my heart to know you find value in the financial education shared. Your interest in understanding your Dangote subscription is commendable, and I'm here to help you navigate through this.Firstly, let's take a little journey to Mama Ngozi's famous tomato stall iRead more
Good afternoon my dear friend,
It warms my heart to know you find value in the financial education shared. Your interest in understanding your Dangote subscription is commendable, and I’m here to help you navigate through this.
Firstly, let’s take a little journey to Mama Ngozi’s famous tomato stall in the village. Imagine Mama Ngozi purchases a basket of fresh tomatoes from the market traders. She is given a receipt as proof of her purchase and ownership of those tomatoes. This is quite similar to your situation with Dangote, where you have invested and should have some form of proof of ownership.
In the financial world, this proof of ownership is like your own special basket where your investments are securely held. This is where the Central Securities Clearing System (CSCS) and the Central Securities Depository (CSD) come in. Think of them as the secure storehouse for all your investments, just like Mama Ngozi’s basket is a safe place for her tomatoes.
Now, about accessing your CSCS and CSD. Typically, you would receive an SMS on your phone linked to your BVN, containing a link to access your investments. However, being outside Nigeria might have caused a delay in receiving this SMS.
In this situation, the best step would be to reach out to your securities broker or the CSCS directly. They should be able to assist you in gaining access to your investments even while you are outside the country. They might require some verification steps, but with their guidance, you should be able to securely access your investment information.
Remember, just like Mama Ngozi guards her basket of tomatoes, it’s important to keep an eye on your investments to ensure they grow and work for you. Stay proactive and seek assistance when needed to safeguard your financial future.
Stay financially savvy, my friend!
Warm regards,
Ike (Mama Ngozi’s financial educator)
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