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7UP 50.00 0.00    ABBEYBDS 1.50 0.07    ABCTRANS 1.03 0.01    ACADEMY 1.70 0.00    ACCESS 11.00 0.10    AFRIPRUD 1.68 -0.17    AGLEVENT 1.65 0.00    AIICO 0.89 0.01    AIRSERVICE 4.80 0.33    ASHAKACEM 24.20 0.00    BECOPETRO 0.50 0.00    BERGER 8.25 0.00    BETAGLAS 10.00 0.00    CADBURY 44.50 0.50    CAP 67.50 2.45    CCNN 9.70 0.25    CILEASING 0.50 0.00    CONOIL 24.00 1.00    CONTINSURE 1.15 0.05    CORNERST 0.50 0.00    COSTAIN 0.94 0.08    COURTVILLE 0.96 0.08    CUSTODYINS 1.72 -0.03    CUTIX 2.30 0.00    DANGCEM 187.00 6.89    DANGFLOUR 9.20 0.08    DANGSUGAR 8.49 0.24    DIAMONDBNK 6.99 0.07    DNMEYER 1.80 0.00    EQUITYASUR 0.50 0.00    ETERNA 3.93 0.35    ETI 15.35 0.20    ETRANZACT 3.47 0.00    EVANSMED 1.80 0.01    FBNH 18.57 -0.42    FCMB 5.00 -0.02    FG9B2017S2 113.30 -1.00    FG9B2019S3 118.95 0.13    FG9B2022S1 127.50 0.75    FIDELITYBK 3.07 -0.02    FIDSON 1.56 0.00    FIRSTALUM 0.50 0.00    FLOURMILL 85.00 0.00    FO 14.24 0.00    FORTISMFB 6.00 0.00    FTNCOCOA 0.50 0.00    GLAXOSMITH 49.00 0.00    GUARANTY 26.66 0.09    GUINEAINS 0.50 0.00    GUINNESS 275.00 0.00    HMARKINS 0.50 0.00    HONYFLOUR 2.89 0.04    IKEJAHOTEL 0.89 0.08    INTBREW 28.67 2.60    INTERLINK 4.90 0.00    IPWA 0.70 0.00    JAPAULOIL 0.55 -0.01    JBERGER 58.25 3.75    JOHNHOLT 1.54 0.00    LEARNAFRCA 2.00 0.00    LIVESTOCK 3.25 0.17    MANSARD 2.50 0.00    MAYBAKER 1.81 0.00    MBENEFIT 0.50 0.00    MCNICHOLS 1.43 0.13    MOBIL 114.00 0.00    MORISON 2.23 0.00    MRS 19.80 0.00    NAHCO 6.90 0.25    NASCON 12.90 -0.40    NB 179.00 4.50    NCR 17.00 0.00    NEIMETH 0.83 0.07    NEM 0.81 0.01    NESTLE 950.00 5.00    NIG-GERMAN 8.17 0.00    NIGERINS 0.50 0.00    NNFM 21.42 0.00    NPFMCRFBK 1.08 0.09    OANDO 15.10 -0.40    OKOMUOIL 53.94 0.00    PAINTCOM 1.40 0.00    PRESCO 28.99 1.49    PRESTIGE 0.62 0.00    PZ 45.00 0.00    REDSTAREX 4.30 0.00    ROYALEX 0.60 0.05    RTBRISCOE 1.80 -0.01    SKYEBANK 5.05 -0.07    SKYESHELT 100.00 0.00    SOVRENINS 0.50 0.00    STANBIC 15.10 0.10    STDINSURE 0.50 0.00    STERLNBANK 2.89 0.15    TOTAL 165.00 -7.00    TRANSCORP 1.30 0.03    UAC-PROP 17.00 0.00    UACN 70.80 0.11    UBA 8.70 0.00    UBCAP 1.28 -0.03    UBN 9.53 -0.07    UNIC 0.50 0.00    UNILEVER 65.04 1.04    UNIONDAC 0.50 0.00    UNITYBNK 0.67 -0.01    UNIVINSURE 0.50 0.00    UPL 5.77 0.51    UTC 0.92 0.08    VANLEER 12.68 0.00    VITAFOAM 3.22 0.00    VONO 2.34 0.00    WAPCO 92.15 -2.85    WAPIC 0.90 0.00    WEMABANK 1.24 -0.03    ZENITHBANK 21.70 -0.15   
Skip Navigation LinksHome > Investing > For Investors > Investor Protection
I​nvestor Protection
 
The Investor Protection Fund (IPF)
Part XIV of the Investment and Securities Act 2007, (CAP 124, LFN, 2004) (“ISA”) requires The Nigerian Stock Exchange to establish and maintain an investor protection fund.  The Nigerian Stock Exchange has an investor protection fund. 
 
The purpose of the investor protection fund is to compensate investors with genuine claims of pecuniary loss against dealing member firms resulting from: 
  • insolvency, bankruptcy or negligence of a dealing member firm of a securities exchange or capital trade point; and
  • defalcation committed by a dealing member firm or any of its directors, officers, employees or representatives in relation to securities, money or any property entrusted to, or received by the dealing member firm in its course of business  as a capital market operator.
Investor Protection Fund | Board of Trustees
  1. Mr. Gamaliel Onosode, (Chairperson) – a person with proven integrity and knowledgeable in capital market matters
  2. Mr. Oscar Onyema, CEO, The Nigerian Stock Exchange (The Exchange), representing The Exchange
  3. Mr. Sam Onukwue, MD, Mega Equities Ltd, representing Dealing Member Firms
  4. Mr. Kyari Bukar, MD, Central Securities Clearing Systems Ltd. (CSCS), representing CSCS
  5. Mr. Edosa Aigbekaen, Secretary, Securities and Exchange Commission (“SEC”), representing SEC
  6. Alhaji Modibbo Umaru Hamidu, MD Sigma Pension Ltd, representing Institutional Investors
  7. Mrs. Misan Kofi-Senaya, MD GTB Registrar, representing Institute of Capital Market Registrars
  8. Chief Sola Abodunrin, Chairperson, Ibadan Zone Shareholders’ Association, representing Registered Shareholders’ Associations
  9. Mr. L. Fubara Anga, Partner, AELEX, a legal practitioner knowledgeable in capital market matters

Process for Transferring of Stocks from Suspended Stockbroking Firms 

  • Client should notify resident house of their intention to transfer their stocks to another house 
  • Client will mandate target stockbroking house to request for the transfer of their account from resident house 
  • Target stockbroking house will request for the transfer of the account on the cscs inter member transfer portal ​

 

 

 

 

 

 

 

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