Central Securities Clearing System Records N2.11trn Transactions

The Central Securities Clearing System (CSCS) has reported an awesome execution of N2.112 trillion successful securities transactions betwixt May and August 2025, representing a 138.44 per cent summation compared to N885.93 cardinal recorded during the aforesaid play successful 2024.

The full measurement encompassed 95.66 cardinal units of securities executed crossed 2.064 cardinal deals betwixt May and August 2025, compared to 67.68 cardinal units and 770,217 deals recorded during the aforesaid play successful 2024.

A breakdown of CSCS information showed that the full worth of transactions successful May 2025 stood astatine N362.34 billion, rising to N393.65 cardinal successful June, peaking astatine N910.31 cardinal successful July, and closing astatine N446.08 cardinal successful August.

The fig of deals executed besides followed an upward trend: 378,967 successful May, 370,174 successful June, 649,996 successful July, and 664,802 successful August. In the corresponding play of 2024, CSCS recorded colony values of N189.38 cardinal successful May, N233.24 cardinal successful June, N259.19 cardinal successful July, and N204.11 cardinal successful August.

The measurement of securities settled included 9.28 cardinal units successful May, 27.57 cardinal successful June, 14.52 cardinal successful July, and 16.31 cardinal successful August. During the aforesaid months, the fig of deals executed stood astatine 180,555 successful May, 184,072 successful June, 203,769 successful July, and 201,821 successful August.

CSCS Nigeria has received beardown enactment from superior marketplace regulators and cardinal manufacture stakeholders for its planned modulation to a T+2 colony cycle, acceptable to instrumentality effect connected November 28, 2025.

The T+2 colony strategy is expected to importantly heighten marketplace efficiency, trim counterparty risk, and align Nigeria’s superior marketplace with planetary champion practices, positioning it alongside precocious markets specified arsenic Japan, the United Kingdom, and Switzerland.

CSCS said that “other cardinal innovation highlights this twelvemonth see the motorboat of RegConnect Version 2, a next-generation upgrade of its flagship web-based platform, designed to importantly amended operational ratio and idiosyncratic acquisition for Registrars successful the Nigerian superior market.

“In July, we launched the Custodian Portal, a user-centric integer solution aimed astatine enhancing operational ratio and improving integer entree for custodians.”

It added that CSCS launched its innovative Unstructured Supplementary Service Data (USSD) codification service, designed to simplify entree to concern services for each users, offering unparalleled convenience and importantly enhancing the capitalist experience.

It explained that “the USSD codification work provides seamless entree to indispensable marketplace accusation straight via mobile phones, without requiring net connectivity oregon specialized trading platforms. Investors tin easy retrieve their Clearing House Number (CHN), cheque Direct Cash Settlement (DCS) status, and presumption banal positions, relationship balances, and relationship presumption confirmations.”

On the initiative, managing manager and the main enforcement serviceman of CSCS, Haruna Jalo-Waziri, stated, “the USSD codification work marks a important milestone successful leveraging mobile exertion to democratise entree to relationship and portfolio information.”