CSL Stockbrokers Limited

CSL Stockbrokers Limited

Financial Services

Lagos, Lagos 1,307 followers

The longest established indigenous stockbroker on The Nigerian Stock Exchange (NSE), providing research-oriented support

About us

CSL Stockbrokers Ltd (CSLS) is a fully owned subsidiary of FCMB Group Plc, has over 30 years operating history on the Nigeria Stock Exchange and provides Institutional and corporate brokerage services to investors and select issuers. At the heart of CSLS is a robust research platform which supports local and international investors who are desirous of in-depth coverage of the Nigerian capital markets and the economy as a whole. Our brokerage platform is accessible through our regulated offices and self-service online portal.

Industry
Financial Services
Company size
51-200 employees
Headquarters
Lagos, Lagos
Type
Privately Held
Founded
1977
Specialties
Stockbroking, Non-Discretionary Services, Portfolio Audit Services (PAS), and Stock Research

Locations

Employees at CSL Stockbrokers Limited

Updates

  • View organization page for CSL Stockbrokers Limited, graphic

    1,307 followers

    At CSL Stockbrokers Ltd, we're celebrating YOU—our valued clients. Your trust and partnership inspire us to go above and beyond in delivering exceptional, customer-first service. This week, we reaffirm our commitment to helping you achieve your financial goals with personalized support and expert guidance. Thank you for choosing CSL Stockbrokers—we're here to serve you better every day! #HappyCustomerServiceWeek

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  • View organization page for CSL Stockbrokers Limited, graphic

    1,307 followers

    Navigating the investment landscape in Nigeria may seem complex but knowing the main investment options can help you make smart choices that match your investment goals. You've got several choices, from safer investment options like bonds and T-bills to riskier options like stocks, ETFs, mutual funds, and new assets class like FOREX. Visit www.cslstockbrokers.com to learn more or for tailored investment advice that would significantly impact your investment journey contact us at... Email: cslcsu@fcmb.com Call: 01-2713920-4

  • View organization page for CSL Stockbrokers Limited, graphic

    1,307 followers

    Treasury bills, or T-bills, are short-term government debt securities issued by the Debt Management Office (DMO). They offer a secure investment option with a maturity period of 7 days to 364 days. When an investor purchases a T-bill, the interest is paid upfront, and the investor pays the discounted value. Who Can Invest? Investment in Treasury Bills is open to Individuals, Small Businesses, Associations and Unions, Religious Bodies, Educational Institutions, Corporate entities, Governments, etc. Everyone can invest in Treasury Bills. How Can I Purchase Treasury Bills? Interested investors can either purchase Treasury Bills via the Nigerian Treasury Bills Primary Market Auction or via the secondary market, both through FCMB. See the detailed process flow below: •      To purchase treasury bills via the primary market auction, the investor must either write an instruction or complete the NTB tender form, submit it at any FCMB branch, or send it to their account officer. •      To purchase treasury bills via the Secondary Market, the investor must either write an instruction or complete the NTB tender form, submit it at any FCMB branch, or send it to their account officer. The account officer/customer service officer then sends the signature verified instruction/tender to treasurybills@fcmb.com between 10 am and 2 pm, the daily cut-off time. Note: The Nigerian Treasury bills Secondary market is available daily with a 2 pm cut-off time. •      The documentary requirement for an investor to purchase treasury bills either via the primary market auction or the secondary market is a written letter instructing CSLS to bid on their behalf. •      The investor's account must be fully funded for the investment sum before the request is accepted (minimum of N100, 000.00). What Are The Benefits To Investors? ~ It offers stable returns. ~ Investment qualifies as a liquid asset for visa applications. ~ Investment qualifies as collateral for borrowing. ~ Interest is paid upfront. ~ Investment can be re-discounted before maturity whenever the need arises. What are the Risk Elements an Investor Should Be Aware Of? Nigerian Treasury Bills are backed by the “full faith and credit” of the Federal Government of Nigeria. It is usually considered risk-free as the FGN guarantees it. Can I Liquidate a Treasury bill Investment before the Maturity Date? Yes, treasury bills can be re-discounted via the secondary market at the prevailing rate. Are There Additional Charges? Yes, a Custody fee is charged in line with CBN's approved guideline on transferring all nonproprietary assets to a licensed custodian (0.15% of the face value for the tenor). How Will I Receive My Money Upon Maturity Of The Investment? At maturity, the investor will receive the full payment through direct credit to the account from which the investment sum was debited. Visit www.cslstockbrokers.com to start or send us an email on cslcsu@fcmb.com

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