What Is a CHN Number?
A CHN, or Clearing House Number, is the unique investor identifier that links you to your CSCS account and the Nigerian share records held in your name.
CHN Number. A CHN (Clearing House Number) is a unique identification number assigned to every registered investor in the Nigerian capital market, linking them to their CSCS account and share records.
Why you need a CHN number
The CHN is your permanent investor ID in the Nigerian capital market. It is used to track every share purchase, dividend payment, and corporate action tied to your portfolio. Without a CHN, your shares cannot be registered in your name.
How a CHN number is assigned
Your CHN is assigned by CSCS when a registered stockbroker opens an account on your behalf. This typically happens automatically when you begin investing through a regulated platform or broker.
CHN and Shares Saver
When Shares Saver instructs a regulated broker to purchase shares on your behalf, part of that process involves ensuring your CHN is correctly linked to your account. This ensures all purchased shares are registered in your name under your CHN.
Your CHN is permanent
Your CHN number stays with you permanently — it does not change if you switch brokers or platforms. All share records across different companies are consolidated under your single CHN.
Questions
About chn number
This article is for general information and educational purposes only. It does not constitute financial advice, investment advice, legal advice, or tax advice. The value of investments can fall as well as rise. Seek independent regulated financial advice before making any investment decision. Shares Saver does not provide financial advice.
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