I have two investment app but I want to deactivate one because both give me CSCS NUMBER is it okay?
Or what is best have sent email to the both but nothing positive came out investnaija and afrinvest thou is because I didn’t get location verification form investnaija please just a beginner.
You’re mixing a few important concepts here, so let’s separate them clearly so you don’t make a mistake that affects your CSCS record or future trading. 🧾 1. First key point: CSCS confusion (very important) Your CSCS account is NOT app-based It is issued by: Central Securities Clearing System Plc 👉Read more
You’re mixing a few important concepts here, so let’s separate them clearly so you don’t make a mistake that affects your CSCS record or future trading.
See less🧾 1. First key point: CSCS confusion (very important)
Your CSCS account is NOT app-based
It is issued by: Central Securities Clearing System Plc
👉 What happens in reality:
You are supposed to have ONE CSCS account per investor
But:
Different brokers/apps may try to open accounts if onboarding is not properly matched
This is usually a system duplication issue, not your fault
⚠️ 2. Is it okay to have 2 investment apps?
Yes—but with conditions:
✔️ It is OK if:
Only ONE CSCS account is active/linked correctly
The other app is NOT creating a second CSCS profile
❌ It is NOT OK if:
Both apps generated separate CSCS numbers for you
You now have duplicate investor identities
👉 That can cause:
Dividend delays
Failed transfers
Account verification issues
🧠 3. What is likely happening in your case
From what you described:
InvestNaija + Afrinvest both tried onboarding you
BVN + identity verification mismatch or incomplete location/KYC
System may have created duplicate or pending CSCS records
This is common with brokers tied into: Central Securities Clearing System Plc
🧾 4. Should you deactivate one app?
❌ Don’t rush to deactivate yet
Why:
Deactivation does NOT automatically merge CSCS accounts
You may still have:
Pending holdings
Pending verification records
👉 First fix identity issue, THEN choose a primary broker.
🔧 5. What you should do now (step-by-step)
Step 1: Identify your ACTIVE CSCS
Ask BOTH apps:
“Please confirm my CSCS number and whether my account is fully activated.”
Step 2: Check for duplication
Look for:
Same BVN linked to two CSCS numbers
Two investor profiles
If yes → that is a broker reconciliation issue
Step 3: Choose ONE main broker
Pick only one:
InvestNaija OR Afrinvest
👉 Don’t delete yet—just choose “primary”
Step 4: Fix KYC (location issue you mentioned)
Location verification usually fails because:
GPS mismatch during signup
VPN or device permission issue
BVN data mismatch
Fix:
Enable location permissions
Turn off VPN
Re-submit KYC inside ONE app only
Step 5: Email both brokers again (but correctly)
Send a structured message:
“Please confirm if my BVN has been used to create multiple CSCS accounts. I want consolidation under one account.”
Step 6: If duplication exists
They will:
Request CSCS merging through registrar/broker coordination
Or deactivate one CSCS record
⚠️ 6. Big mistake to avoid
❌ Don’t try to manually “delete” CSCS yourself
❌ Don’t keep opening new apps/accounts
❌ Don’t ignore duplicate CSCS numbers
💡 7. Best setup for beginners (recommended)
Keep it simple:
✔️ ONE broker (InvestNaija OR Afrinvest)
✔️ ONE CSCS account
✔️ ONE dividend bank setup
✔️ ONE clean portfolio
🧠 Bottom line
✔️ Having two apps is fine
❌ Having two CSCS records is NOT fine
✔️ Fix KYC first, then consolidate
✔️ Choose ONE broker for simplicity
Thank you so much I will get back asap for feedback thanks
Thank you so much I will get back asap for feedback thanks
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