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Emmanuel
Emmanuel
Asked: April 28, 20262026-04-28T13:26:52+00:00 2026-04-28T13:26:52+00:00In: INVESTING & WEALTH BUILDING

How Do I Link My Offline Share Certificates to a CSCS Account in Nigeria?

Kindly guide me on how to migrate or link my existing offline share certificate to a CSCS account and enrol in the e-dividend platform, so that I can access and claim my unpaid dividends digitally

e-dividend registrationngx investingoffline shares nigeria
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  1. Ochoyoda
    Ochoyoda Educator
    2026-04-28T15:32:08+00:00Added an answer on April 28, 2026 at 3:32 pm

    You’re trying to do two separate but connected things: Convert (dematerialize) your paper share certificate into CSCS (electronic form) Activate e-dividend so dividends come to your bank automatically I’ll walk you through both clearly—this is exactly how it’s done in Nigeria. ✅ PART 1: Link / ConveRead more

    You’re trying to do two separate but connected things:
    Convert (dematerialize) your paper share certificate into CSCS (electronic form)
    Activate e-dividend so dividends come to your bank automatically
    I’ll walk you through both clearly—this is exactly how it’s done in Nigeria.
    ✅ PART 1: Link / Convert Offline Share Certificate to CSCS
    This process is called dematerialization.
    Step-by-step:
    1. Open / Confirm a CSCS account
    You cannot do anything without this.
    Go through a licensed stockbroker (e.g. your InvestNaija broker under Chapel Hill Denham)
    You’ll be given:
    CSCS account number
    CHN (Clearing House Number)
    👉 CSCS confirms you must go through a broker to open/manage accounts
    2. Submit your physical share certificate
    Take the following to your stockbroker or registrar:
    Original share certificate(s)
    Valid ID (NIN, passport, etc.)
    Passport photo
    CSCS account details
    3. Broker sends to Registrar → CSCS
    Process flow:
    Registrar verifies your certificate
    Then uploads it into Central Securities Clearing System
    Shares become electronic (credited to your CSCS account)
    👉 This is the official process: registrars verify and deposit records into CSCS electronically
    4. Wait for credit alert
    Once completed:
    Your shares will appear in your CSCS account
    You can now sell or monitor them online
    👉 Physical certificates are now obsolete; everything is electronic in CSCS
    ✅ PART 2: Enroll for E-Dividend (VERY IMPORTANT)
    This ensures: 👉 Dividends go straight to your bank
    👉 No more unclaimed dividends
    Step-by-step:
    1. Check for unclaimed dividends
    Go to SEC portal and:
    Search your name
    Identify your registrar
    👉 This is the official first step
    2. Download e-dividend mandate form
    Each registrar has its own form:
    Fill details like:
    Bank account
    BVN
    CSCS/CHN
    Shareholder info
    👉 Forms are provided by SEC and registrars
    3. Submit the form
    You have 3 options:
    Through your bank
    Through your stockbroker
    Directly to the registrar
    👉 After submission, dividends will
    4. Alternative (New Online Method)
    Nigeria now has a self-service portal:
    You can register e-dividend online via NIBSS/SEC portal
    No need to visit bank physically
    👉 Confirmed by SEC upgrade of e-dividend system
    ⚠️ Critical Things Most People Miss
    You must link ALL your shares to CSCS first before full automation
    If you have shares with different registrars, you must fill multiple e-dividend forms
    Your name must match exactly across:
    Bank account
    CSCS
    Share certificate
    🔍 Simple Summary
    Task
    Where to do it
    Convert paper shares
    Stockbroker / Registrar
    Get CSCS number
    Stockbroker
    Link shares to CSCS
    Registrar via broker
    Activate e-dividend
    Bank / Registrar / Online portal
    ✔️ Straight advice (based on your situation)
    Since you already use InvestNaija (Chapel Hill Denham):
    👉 Go to them directly and say:
    “I want to dematerialize my physical share certificates and link them to my CSCS account, then activate e-dividend.”
    They will handle:
    CSCS linking
    Registrar submission
    Dividend setup

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