₦airaland Forum

If ACCESScorp can weather the profit taking pressure today by either maintaining its price or rising a little then there is hope indeed.

yMcy56:
The resilience of ACCESS in the midst of profit taking though!


*These "exited staff" of AVACAP, make una help us release this stock ooo, na beg we dey beg you....
It's being tie-ing money down since it started nosediving

Fry pan to fire
E remain to enter Oando

Agbalowomeri:
You comot ZICHIS enter AVACAP

Market was good today. Accesscorp is on the move.
We hope the trend will continue so it can join it's peers at N140.
Meanwhile we pray for our Oando friends that a miracle will happen

Market no gree make I buy. Price just dey change. I want tire for market today o!

Agbalowomeri:
ACCESS closing the month nicely is a good sign, as previously analysed a week ago

This should be the highest monthly close on record

Only for long-term considerations

Apollo and Nosa don hammar
EDUARDO has sold

Nigeria police force has committed a sacrilege!
An afront on our culture and tradition!
Imagine the gods behind bars and handcuffed.
The officers involved should expect the wrath of the gods!

Haba!

Digitron:
We are waiting for it around 50 to 75k

Yes, you were right today.
Na you I dey follow for updates as we be shareholders in this forum.
Except say you no dey pay dividend

faoogoke:
Stockbubble apologies. You actually got today's price right unlike yesterday's.

Stockbubble apologies. You actually got today's price right unlike yesterday's.

faoogoke:
Stockbubble wetin Accescorp price do you na?

Your numbers used to be reliable.

Market has closed and your numbers are still different from other. Just like yesterday

Stockbubble wetin Accescorp price do you na?

Your numbers used to be reliable.

Market has closed and your numbers are still different from other. Just like yesterday

BREAKING: CSCS to slash retail lien fees, scrap family transfer charges in fresh pricing review

Kelechi Mgboji


BREAKING: CSCS to slash retail lien fees, scrap family transfer charges in fresh pricing review
Nigeria’s Central Securities Clearing System (CSCS) is set to roll out a fresh round of pricing changes that will cut lien fees for retail investors by half, eliminate charges on securities transfers between immediate family members, and scrap broker code and eligibility fees entirely, Nairametrics can exclusively report.

The revised framework, seen by Nairametrics on Wednesday, August 26, 2026, comes about six months after CSCS implemented a sweeping overhaul of its 2026 fee structure that pushed charges sharply higher across institutional and retail-facing services.

The latest review appears to be part of a broader push to reduce transaction friction, deepen retail participation while supporting innovation by brokers and fintechs.

What the new pricing reveals:
The new pricing document obtained by Nairametrics shows four key changes stand out:


Retail lien fees have been cut from 0.25% to 0.125%, a 50% reduction for retail clients transacting below N100 million.
Nominal transfers between immediate family members — including spouses, parents, children, siblings and step-children — will now attract zero charge, down from 0.3% previously.
Broker code creation and renewal, previously priced at N145,600 plus 7.5% VAT, has been reduced to nil.
Eligibility fees payable by brokers across NGX, NASD and LCFE, previously N36,400 plus 7.5% VAT, have also been scrapped.
CSCS described itself as a “sacrosanct” part of the development of Nigeria’s capital markets, stating that its pricing and services must support “greater participation, efficiency, innovation and liquidity across the market.”

Get up to speed:
Earlier this year, Nairametrics had reported CSCS’s fee overhaul which had introduced steep increases across a range of services, with OTC trade fees rising by over 3,000% and custody charges shifting from a flat fee to a percentage of asset value, among other institutional-focused adjustments.

Retail-facing charges such as statements, transfers and account updates also rose, albeit more modestly.
The changes prompted pushback from some quarters of the market.
At that time, a cross section of market operators welcomed the development while some expressed concern that steep increases in transaction costs could discourage retail investors who are still new to formal financial systems.
They argued that “the strength of any financial system is not measured solely by its efficiency, but by the breadth of its participation.”
However, CSCS’s Managing Director and Chief Executive Officer, Mr. Shehu Shantali, explained that CSCS’ core fees remain unchanged, maintaining cost stability across key market activities.
According to him, the initial review mainly affected previously underpriced services and introduced charges for some services that had been free, while insisting that most of CSCS’s core fees remained unchanged.

He stated that the new services were designed to make things easier for investors and to help stakeholders access better data, faster transactions, and deeper value across the ecosystem.

Cheaper market participation
CSCS said the adjustments are designed to make capital market participation cheaper and easier for both investors and operators.

For retail investors specifically, the company said lowering lien fees and removing charges on qualifying family transfers would reduce friction around holding and transferring securities, unlocking value and supporting market liquidity.
For brokers and other intermediaries, scrapping broker code and eligibility fees is intended to lower operating costs and create room for innovation, the company added.
CSCS said the review forms part of its continuing effort to deepen the Nigerian capital market and strengthen post-trade infrastructure.
The company said it would keep leveraging technology and data to improve the experience of investors, support retail participation and financial inclusion, and enable innovation by brokers and fintechs.
CSCS also said it was positioning itself to play a bigger role in the development and integration of African capital markets as the domestic market evolves, stressing that its pricing and services must support “greater participation, efficiency, innovation and liquidity across the market.”.

What you should know:
There has been a broader industry push to expand investor inclusion and unlock the full potential of the country’s large population. Against this backdrop, the Securities and Exchange Commission (SEC) along with Nigerian Exchange Group (NGX) have promoted initiatives to improve retail participation in equities trading.

The NGX, for instance, launched its innovative NGX’s official digital primary-market platform for public offers and rights issues where investors can browse live offers, submit investment details and make payments through one digital flow.
Bamboo, Lambeth Capital’s brokerage apps, was designed to allow eligible users to subscribe to available NGX public offers and rights issues. Users only need an active NGX/CSCS account and sufficient naira balance to trade.
Nairametrics had reported that retail investors accounted for roughly one in every four stock trades executed on the Nigerian Exchange (NGX) between January and July 2026, with Lambeth Capital Limited, through its brokerage partner, Bamboo, driving the bulk of that activity for a seventh consecutive month.
The pricing review, according to CSCS, forms part of its continuing effort to deepen the Nigerian capital market and strengthen post-trade infrastructure.

I am just seeing it sir

rmx:
Not 28

Accesscorp closed at N27.55 today. Really looking up.

Mini grid is the way to go. By the time some states starts generating and transmitting their own electricity, national grid wont matter.

Over time, National grid will be dismantled without being dismantled.

On the role FG should play. I expect Peter Obi and Atiku to push for federal financial support and guarantees for states to construct power

plants.

KarlTom:
That's why we have allowance for minigrids

Infact, no right thinking state government will spend billions to generate power and rely on the current national grid.

The ideal situation is to build minigrids in zones within a state

I wonder too

ppogba:
Why are you just bringing bad news left, right and center this morning?

The man Dangote is a businessman not a philanthropist.

Streetinvestor2:
That man called Dangote is becoming very stu.pid.It looks he has gotten what he wanted and want to start his usual reap off on Nigerians. After all those his cries they want to destroy his refinery. This is how he has formed cabal in cement business and stealing Nigerians. How can cement be far cheaper in other countries with far less production capacity.
This is why he wants to do yeye ipo so he can have Nigerians as his foot soldiers as he make fuel expensive At this point we will soon call for licences for people to start importing the commodity. I have noticed he is always quick to jack up price once crude price goes up.And fins it difficult or just removes small amount when price drops.
The man is never what some of us think he real represents

Royalex @ N0.87k. It may go as low as N0.50k if the trend continues.

Thats your experience and opinion. Noted. But to reply disrespectfully to another person comment is not good.

Streetinvestor2:
I am 20 yrs now but I remember how I use to spend kobo to ride bike round primary school field in the North in the 80s.
This one has the record of the worst president I have known since I was born @ 20yr now..lol

I dont know how old you are but I recount the era of Shagari very well. There is scarcity of essential commodities, essenco it was called then. Up till this government no Nigerian government has served the masses well. All they do is give the masses hope. The masses are the ones at the receiving end of their never ending "reforms".
Obi and Atiku will not offer anything different.
And you should also know how to reply to peoples comment without being disrespectful. What I am saying is my opinion.

Streetinvestor2:
What trash is this one.What is no Nigerian government has ever helped the masses. Thr is no kind of rubbish I won't hear from people supporting this government. What other thing did u want from the past government beside making standard of living good for majority,protecting lives and property. And Nigerians did not have that in obj,Yar'adua and gej government. When they want to destroy gej government they introduced insecurity which is now consuming them too

You are right. But no Nigerian government has ever helped the masses.

megawealth01:
Jagaban no try for the masses joor

It will shock Nigerians that after removal of fuel subsidy prices of goods and service will remain high

Loco himself.

Stockpromoter:
“😂 My brother, na the same golden part I dey find o! AGM resolution came out, but that ‘gold’ we dey expect — the kind wey go make market sit up — I never see am yet. Loco is still on the watchtower. 👀🧐”

Peter Obi and Atiku are saying they will remove subsidy. Sowore too.
But have they and other Nigerians supporting this idea thought of the scenario that could unfold that is typical of Nigerian?
If fuel subsidy is returned today, to the shock of many prices will not be significantly affected and fuel queues will return.
Transport cost would also not be significantly affected neither would house rent, food and school fees.
And of course many state governments would not be unable to meet their financial obligations to workers and the state.
Those Nigerians would wish subsidy was not returned.

megawealth01:
I visited Nigeria shortly but now back to my base... I was in the East, West and North... If Jagaban truly loves the people he should go into the local communities and see what the people are going through. His aides are lying to him

Nigerian Government have anti people policies... Why remove SUBSIDY when you don't have plans for the people...?

This government tried in Nigeria Stock Exchange reforms but in order areas based on my findings they failed the people

© MEGAWEALTH01

I didnt see the golden part. Where is Loco?

KarlTom:
JAPAUL AGM RES

https://doclib.ngxgroup.com/Financial_NewsDocs/47846_JAPAUL_GOLD_AND_VENTURES_PLC-2026_AGM_RESOLUTIONS_CORPORATE_ACTIONS_AUGUST_2026.pdf

Nigerians will be shocked but Peter Obi and Atiku will not when after removing subsidy fuel prices instead of going down remain high and there are long queue everywhere.
And typical of Nigerians, they will say again if only Tinubu had remained president, if only subsidy was not returned.
I will laugh tire...

Like 5 and 6. Make him remain there. Loco abeg no come near Ellah lakes please. Na kpai be that

KarlTom:
Loco and Japaul

Domestic transactions on the Nigerian Exchange Limited (NGX) rose to a record N10.68 trillion in July 2026, surpassing the total value recorded in the whole of 2025 and marking the highest level in the last 19 years.

According to the NGX Domestic and Foreign Portfolio Investment Report for July 2026, year-to-date domestic transactions reached N10.68 trillion, representing 89.21% of total market activity.

The figure exceeds the N9.27 trillion domestic transactions recorded throughout 2025 by 15.21%, highlighting the growing dominance of local investors in Nigeria’s capital market.

Waiting for Royalex at N0.50. I will load plenty and relax.

Access bank volume keeps reducing. Is this a positive sign for the stock?

I dont think anyone can really explain share price or fall on NGX. None ever convinced me.
People cook up reasons even though many atimes the reasons dont add up.
It is just the unique way the market is.

mikeapollo:
The banking industry is a key anchor of NGX.
When FBNH was rising, it had effect on the whole market.
Now that some banks e.g. Zenith are postponing/delaying their H1 results, it is also taking its toll on the market.
Another factor is the Insurance sector reporting some casualties in the recapitalization exercise.
Once these things normalize, the bigger market would respond accordignly

NGX na jijo stock exchange.

londonerr:
There's a strange happening on the ngx that I noticed... Performance is not translating into shareholders involvement or appreciation. It seems the ngx is fundamentally opaque and what influences stock prices are beyond normal fundamentals or normal investor activities....

When Accesscorp released the same statement they got the usual bashing.

mikeapollo:
It is very unusual, and highly suspicious for Zenith (of all banks) to release H1 results in October.

It affect Royal exchange assurance plc. Currently receiving bashing this morning on ngx.
One of its subsidiaries didn't make it. Royal exchange Prudential life. Only Rex Insurance made it.
A big minus for Royal exchange plc.

essentialone:
But Royal Exchange Assurance Plc is still fully in the stock market. Nothing really concern them with NAICOM.