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Home/ Questions/Q 22811
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Anonymous
Anonymous
Asked: April 25, 20262026-04-25T09:16:56+00:00 2026-04-25T09:16:56+00:00In: BUSINESS & WEALTH CREATION

Tracking my stock and have it in my possession

I bought shares in one of the fidelity bank branch and after that I don’t know how to track it, please can you teach me on how to go about it and have full possession of it?

i king ferry
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  1. Ochoyoda
    Ochoyoda Intermediate
    2026-04-25T14:39:05+00:00Added an answer on April 25, 2026 at 2:39 pm

    This is a very important question—and you’re not alone. Many people who bought shares through bank branches (like Fidelity Bank Plc) face this same issue. Right now, the truth is: 👉 You likely own the shares, but you don’t yet have full control or visibility. Let me guide you step-by-step in simpleRead more

    This is a very important question—and you’re not alone. Many people who bought shares through bank branches (like Fidelity Bank Plc) face this same issue.
    Right now, the truth is: 👉 You likely own the shares, but you don’t yet have full control or visibility.
    Let me guide you step-by-step in simple terms.
    🔑 First: Understand where your shares are
    When you bought shares at the bank:
    The shares are kept in a system called Central Securities Clearing System (CSCS)
    This is like a bank vault for shares in Nigeria
    👉 So your shares are not lost—they are stored electronically.
    📌 Why you cannot track it yet
    Because you probably don’t have direct access to:
    Your CSCS account (CHN number)
    A stockbroker platform/app
    The bank only helped you buy, not manage.
    ✅ What “full possession” really means
    To truly control your shares, you need:
    Your CHN (Clearing House Number)
    A stockbroker account
    Access to monitor (app or statement)
    🛠️ Step-by-step: What you should do now
    1. Go back to the Fidelity Bank branch (or contact them)
    Ask them clearly:
    “Please give me my CSCS CHN number and the stockbroker used for my share purchase.”
    You need:
    Your CHN
    Name of the broker that executed the trade
    2. Open an account with a stockbroker
    Examples in Nigeria:
    Meristem Securities
    CardinalStone Securities
    ARM Securities
    Tell them:
    “I already bought shares through Fidelity Bank, I want to link and manage my CSCS account.”
    3. Link your CSCS to the broker
    The broker will:
    Connect your CHN to their platform
    Allow you to:
    See your shares
    Sell anytime
    Receive dividends properly
    4. Request your CSCS statement
    Very important:
    Ask for:
    “My CSCS statement of account”
    This will show:
    All shares you own
    Quantity
    Companies
    5. Set up e-dividend (so you receive money directly)
    Register for e-dividend with your bank so that:
    Dividends go straight to your account
    No missing payments
    ⚠️ Common mistakes to avoid
    Thinking bank = full investment platform ❌
    Not collecting CHN ❌
    Not linking to a broker ❌
    🧠 Simple analogy
    Right now:
    You bought land (shares)
    But you don’t have the documents (CHN + broker access)
    👉 What we’re doing is helping you collect your ownership papers and control
    🚨 Important check
    If you bought shares long ago and:
    Don’t know CHN
    Don’t know broker
    👉 Don’t worry—this can still be traced using:
    Your name
    Phone number
    Bank details
    👍 Final summary
    To track and control your shares:
    Get your CHN from Fidelity Bank
    Open account with a stockbroker
    Link your shares
    Start monitoring through app or CSCS statement

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    Ochoyoda added an answer You’re asking two different—but very important—things: Will using an app… April 25, 2026 at 2:42 pm
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    Ochoyoda added an answer This is a very important question—and you’re not alone. Many… April 25, 2026 at 2:39 pm

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