Minimum Of N200,000 To Open A Cscs Account - Politics - Nairaland
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| Minimum Of N200,000 To Open A Cscs Account by Nobody: 10:15am On Jan 04, 2008 |
Went to my broker to get a form for a friend and a company to open a CsCs account but to my greatest surprise i was told that any individual who doesnt have a minimum of =N=200,000 wont be able to open an account with CsCs which means such a person can either buy or sell shares on the floor. Does it mean that anyone buying all this public offer are buying to keep the certificate under their pillow for as long as they dont have the stipulated fee to open a CsCs account. Well, we would see where this country will lead us to. When they found out that Nigerians have realized the long time secret of the rich (stocks) they have now decided to block or make it difficult for the average and struggling masses. They closed wonder banks, trying to pass a bill to stop public awareness of online trading ( so i heard) and now imposing an outrageous fee to open a CsCs account. Will the GAP between the rich and the poor be ever to reduced? i guess not. Anyway folks how wa your hols. The 200,000 fee is starting from jan 1st 2008 |
| Re: Minimum Of N200,000 To Open A Cscs Account by otokx(m): 10:20am On Jan 04, 2008 |
This sounds like a fairy tale. |
| Re: Minimum Of N200,000 To Open A Cscs Account by babasin(m): 11:09am On Jan 04, 2008 |
what's Cscs account? |
| Re: Minimum Of N200,000 To Open A Cscs Account by donjazzie(m): 2:15pm On Jan 15, 2008 |
CSCS = Central securities and clearing system. |
| Re: Minimum Of N200,000 To Open A Cscs Account by Nobody: 2:58pm On Jan 15, 2008 |
hi, shame on d rich cos, HE, JAH maketh moi 2 lie in green pastures. i no know wetin b dr problem b/c 4 mi, d sky is wide enough 2 contain all but d fear of not having any one 2 order around is d begining of wisdom 4 d rich. N200000? Dr mama n papa! thank God i got mine with nothing b/c i 4 burn NSE |
| Re: Minimum Of N200,000 To Open A Cscs Account by ndubest(m): 3:42pm On Jan 15, 2008 |
May be its High time the banks offering IPOs include that in their prospectus too  "if you dont have a minimum of that amount dont buy our share"  Wonders will never end |
| Re: Minimum Of N200,000 To Open A Cscs Account by Emperoh(m): 5:22pm On Jan 15, 2008 |
Whoever asked you to opena CSCS account with 200k is not being honest with himself or is just beign high handed. I opened mine with N0.00 and only bought some shares a week later do look for a good and not too prestigious broker to manage your account. There is one I know on Adeola Odeku. Summa Guaranty and Trust Ltd Suite F2 Flat 2, LSDPC Flats 24 Adeola Odeku Street V/I Lagos. Good luck. |
| Re: Minimum Of N200,000 To Open A Cscs Account by kokoA(m): 9:01pm On Jan 15, 2008 |
I find it difficult to believe your story, because I opened mine with nothing. Maybe the person you met was just acting funny. |
| Re: Minimum Of N200,000 To Open A Cscs Account by lagoshost(m): 6:54pm On Jan 21, 2008 |
Dear, you dont need kobo to open a CSCS account. Pls check another broker. Cheers |
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