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Olusegun Otayemi
Olusegun Otayemi
Asked: September 15, 20262026-09-15T13:19:51+00:00 2026-09-15T13:19:51+00:00In: STOCK & CAPITAL MARKET

How Do I Link Existing Shares to a Newly Opened CSCS Account in Nigeria?

How do I enrol my exusting shares on my cscs after opening my account on Invest Naija?

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  1. Salami Ridwon
    Salami Ridwon Starter
    2026-09-15T18:10:59+00:00Added an answer about 1 month ago

    Before doing anything, find out your existing CHN. You can obtain your CHN from your existing broker or through the relevant CSCS account information available to you. This is important because you want the new broker to know that: “I am an existing investor. I already have a CHN.” Don't simply assuRead more

    Before doing anything, find out your existing CHN.
    You can obtain your CHN from your existing broker or through the relevant CSCS account information available to you.
    This is important because you want the new broker to know that:
    “I am an existing investor. I already have a CHN.”
    Don’t simply assume that because you have opened a new brokerage account, you need a brand-new CHN.
    Confirm your new CSCS account details
    Ask your new broker for the details of the CSCS account opened for you.
    You may have:
    Old broker
    Existing CHN
    Existing CSCS account number
    New broker
    Same CHN
    New CSCS account number
    That situation can be perfectly normal.
    The important thing is to make sure your personal information is correctly

    Tell the new broker you have existing holdings
    Contact your new stockbroker.
    Tell them clearly:
    “I have existing shares with another stockbroker and I want to transfer them to my account with you.”

    Complete the required transfer documentation
    Your broker may require you to complete a securities transfer form or other documentation.
    The exact requirements can vary depending on the broker and the type of transfer.
    You may be asked for information such as:
    Your name
    CHN
    Old CSCS account details
    New CSCS account details
    Stockbroker details
    The shares you want transferred
    Your signature
    Identification documents, where required
    Your broker should tell you exactly what is required.

    Then, Wait for the transfer to be processed
    After the required documents and instructions have been submitted, the transfer has to be processed.
    It may not happen instantly.
    So don’t assume that something is wrong simply because you don’t see the shares in your new broker’s app immediately.
    Allow the relevant parties to process the transfer.
    If it takes longer than the timeframe your broker gave you, contact them and ask for an update.

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    • Mr Ridwan
      Mr Ridwan
      2026-09-15T21:52:37+00:00Replied to answer about 1 month ago

      Helpful Thanks

      Helpful
      Thanks

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