​​MEMBERSHIP & OTHER FEES
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The Nigerian Stock Exchange (NSE) offers its Dealing Members an efficient, transparent and well regulated marketplace for the execution of trades in securities listed on The NSE. It provides an opportunity for th​e Dealing Members to connect their clients to exciting investment options in the Capital Market.​​
Product/Transaction Type Basis of Computation Charge​​ (Naira)
Dealing Membership Fee Annual 40,000
Designated Adviser Application Fee One off 50,000
Designated Adviser Accreditation Fee Biennial 150,000
Dealing License Transfer Fee​​ 6% of purchase consideration 
Rent of Trading Floor Annual 35,000
Authorized Clerkship​ Annual 20,000
ATS Training Fee Annual55​,000
ATS Maintenance Fe​​​​​e Annual​ 200,000
Stock Market Report Monthly subscription 15,000
Trainee Clerkship Induction Event 35​,000
Continuous Professional Development Event 30,000
Brokers Uniforms Unit 1,500
Brokers Badge Unit 2,000
Nominal Transfer Fee 0.3% of value 
Transaction Fees Bond N1 per million on the underlying trades ( both buy and Sell sides) 
Exchange Traded Fund 0.3​% of consideration on the SELL side 
Equity 0.3% of consideration on the SELL side 
Training Fee Depending on the Module 
Investigation Panel Fee Per Appearance 100,000
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