Who can ask for a search?
The administrator or executor of the estate, or the next of kin. You sign once for the case, as administrator, executor or beneficiary, and you verify your own identity with Shares Saver as you would for your own account.
Free account, no minimum balance, and you can pause any month.
Estates and inherited shares
We search the Nigerian registrars for shares held by someone who has died, then handle transmission of those shares into the beneficiary’s name. The search is a flat ₦10,000; the transmission cost is estimated before you commit.
Names (including any previous names), date of birth, date of death, past addresses, and any companies, registrars or CHN you already know about.
Upload the death certificate, and letters of administration or probate if you have them. Sign once for the case.
Our broker searches the registrars and the CSCS. You follow the case from your account and see the report when it is ready.
We send an itemised estimate and the list of documents the registrars need. Once paid, the shares are transmitted into the beneficiary’s name.
The percentages apply only if shares are found and you go ahead with transmission. Estimate only: market value can change before the shares are claimed; the final amount depends on timing and execution. A higher final cost is invoiced as a top-up; a lower one is refunded.
Important
Shares Saver does not obtain probate or letters of administration and does not give legal advice. A search may find no shares. Nothing on this page is investment advice.
The administrator or executor of the estate, or the next of kin. You sign once for the case, as administrator, executor or beneficiary, and you verify your own identity with Shares Saver as you would for your own account.
Their full name and any previous names, date of birth, date of death and past addresses, plus any companies, registrars or CHN you already know about.
To start a search, a death certificate. To transmit the shares to a beneficiary, the registrars need letters of administration or probate, and usually more documents such as a gazette or newspaper notice and a banker’s confirmation. We tell you exactly which ones once we know what the search has found.
No. A death certificate is enough to start the search. Letters of administration or probate are needed later, before the registrars will transmit any shares the search finds.
The search is a flat ₦10,000, paid when you submit the request. If shares are found and you want them transmitted, we send an estimate based on the shares' market value at the time we check: registrar charges of about 2%, brokerage of up to 10%, and the Shares Saver fee of 0.4%. Estimate only: market value can change before the shares are claimed; the final amount depends on timing and execution. If the final cost is higher, the difference is invoiced as a top-up; if it is lower, the difference is refunded.
Because the charges are percentages of market value, and the value of the shares can move between the estimate and the day the transmission is completed. Estimate only: market value can change before the shares are claimed; the final amount depends on timing and execution. Nothing is transmitted until you have seen the estimate and paid it.
The report tells you so. A search can find no shares. The ₦10,000 search fee pays for the search itself, so it is still due when nothing is found.
Search results usually take 2 to 4 weeks, the same as a Find My Shares search for your own holdings. You can see the case and its progress from your account while you wait.
It depends on the registrars and on how quickly the documents they ask for are ready, so we do not quote a fixed time. Each step is shown on the case timeline as it happens.
Yes. Every case is in your account under Estate shares: you can see its status and timeline, read the report, and upload any document we ask for without visiting an office.
No. Shares Saver does not obtain probate or letters of administration and does not give legal advice. If the estate needs either, a lawyer or the probate registry can help; we take it from there.
Into the beneficiary's own name. If the beneficiary does not have a Shares Saver account with a CSCS number, we help them open one. Like every Shares Saver account, it needs Nigerian nationality, the beneficiary's full BVN and a Nigerian bank account.
The shares can still go into the child's own name. A parent or guardian adds the child as a guardian profile on their own Shares Saver account, and the shares are held there in the child's name until the child takes the account over.
No. Open one case for each person who has died, so that each estate is searched, documented and priced on its own.
Yes. If the family decides not to go ahead, you can withdraw the case.
Yes. Everything is done online, so Nigerians in the diaspora can start a case, sign, upload documents and follow it from abroad.
Create a free account, verify your identity, and send the request. You can save it and come back to it.