The strongest protection is ownership
How your shares are held in your own name
Shares bought through Shares Saver are not pooled. They are registered directly in your legal name — at the CSCS and with the company’s official registrar.
Registered in your name
The registrar records you as the holder — not a Shares Saver nominee account and not a pooled fund.
Trades executed by licensed brokers
We are not a stockbroker. Every purchase is placed on the NGX by an SEC-licensed broker partner.
Money held separately
Contributions sit in a client account until they buy shares. They are never working capital.
Nominee vs direct ownership
Most platforms use nominee accounts: shares sit in the platform’s name, you see a balance, dividends route through them, and if they close you depend on their wind-down. Shares Saver uses direct registration: your legal name is on the company’s shareholder register, the CSCS record and registrar record are both yours, and dividends are paid to you as a registered shareholder.
The two-layer ownership record
Layer 1: CSCS account
The Central Securities Clearing System is Nigeria’s central depository for NGX securities. Every purchase credits your CSCS account under your CHN (Clearing House Number) — the definitive electronic record of your holding.
Layer 2: Company registrar
Each listed company appoints a regulated registrar that keeps the official shareholder register. After settlement it records your name and holding, which entitles you to dividends, AGM notices and rights issues. Both records are in your name; neither depends on Shares Saver.
Questions
Questions answered
Educational information only — not investment, legal or tax advice. Share values can fall as well as rise. All securities transactions are carried out through SEC-regulated stockbrokers.