• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, July 1, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

CSCS Shareholders Receive N1.76 Per Share Dividend Payment

by Leadership News
2 months ago
in News
Share on WhatsAppShare on FacebookShare on XTelegram

Shareholders of the Central Securities Clearing System (CSCS) have approved and received dividend payment of N1.76 per share for the year ended December 31, 2024.

Advertisement

The shareholders gave their approval at the company’s 31st Annual General Meeting(AGM) held at the weekend in Lagos, where the 2024 financial report was presented, even as the shareholders commended the company’s management team for their dedication to driving growth and increasing returns on investment.

Chairman of the Progressive Shareholders Association of Nigeria(PSAN), Mr. Boniface Okezie described the company’s financial result as excellent despite the economic headwinds. He tasked the CSCS on extending its operations to other African countries, considering its status as the biggest security depository registrar in West Africa.

He also commended the CSCS for being able to improve on curtailing fraud and forgery within the Nigerian Exchange Limited, while advising on reducing costs, particularly those related to expenses incurred by the board.

President of the Highly Favoured Shareholders Association of Nigeria, Mrs Adetutu Shiyanbola, lauded the company’s 2024 financial performance.

RELATED

Nigeria

Federal Gov’t Approves N65bn Disbursement To Health Facilities

4 minutes ago
BREAKING: Angry Senators In Stormy Session, Debate Ningi’s 2024 Budget Padding Claim

Dantata: Senate Postpones North-West Constitution Review Public Hearing

15 minutes ago

Also, a member of the Independent Shareholders Association of Nigeria (ISAN), Mrs Juliet Mbaka, commended the CSCS for the dividend paid and urged the company to look toward improving it in the current year.

The chairman of CSCS, Mr Temi Popoola had earlier said, the board would look critically into increasing dividends in the coming years. He said, one of the biggest projects the board was working on had to do with expanding the reach of the CSCS.

He explained that the CSCS is also working on embracing the African Exchange Linkage Programme as a way to extend its operations.

Popoola noted that, “our goal is to unlock new opportunities across all business lines, consolidate our leadership in the post-trade ecosystem and derive ling term shareholder value.”

The managing director/CEO of CSCS, Haruna Jalo-Waziri attributed the high cost of operation of the company to inflation, adding that the company continues to work on optimising costs.

He said, the CSCS had achieved remarkable growth in combating cybercrime as it continues to invest hugely in cybersecurity infrastructure, noting that, “We are scaling up our cybersecurity infrastructure, and this is one of the reasons we are incurring more costs. We are building KPIs and engaging Artificial Intelligence. Also, for our Corporate Social Responsibility, we are being strategic to embrace initiatives that, in turn, build our business.”

Jalo-Waziri noted that the company is more energized than ever to deliver consistent and superior performance, alongside long term value.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


Tags: Central Securities Clearing System (CSCS)
SendShareTweetShare
Previous Post

MTNN Commits To Sustainable Business Practices, Transparent ESG

Next Post

Gombe Partners AATF To Boost Agriculture, Food Security

Leadership News

Leadership News

You May Like

Nigeria
News

Federal Gov’t Approves N65bn Disbursement To Health Facilities

2025/07/01
BREAKING: Angry Senators In Stormy Session, Debate Ningi’s 2024 Budget Padding Claim
News

Dantata: Senate Postpones North-West Constitution Review Public Hearing

2025/07/01
PICTORIAL: Late Businessman Aminu Dantata Buried In Saudi Arabia
News

PICTORIAL: Late Businessman Aminu Dantata Buried In Saudi Arabia

2025/07/01
Tonya Lawani Joins Dangote Group’s NASCON Board As Independent Director
Business

Tonya Lawani Joins Dangote Group’s NASCON Board As Independent Director

2025/07/01
‘Buhari Left Office Broke But With Integrity Intact’, Says Spokesman Garba Shehu
News

‘Buhari Left Office Broke But With Integrity Intact’, Says Spokesman Garba Shehu

2025/07/01
YPP Elects Madaki, 10 Other Flagbearers For 2026 AMAC Chairmanship, Councillorship Polls
News

YPP Elects Madaki, 10 Other Flagbearers For 2026 AMAC Chairmanship, Councillorship Polls

2025/07/01
Leadership Conference advertisement

LATEST

Federal Gov’t Approves N65bn Disbursement To Health Facilities

Dantata: Senate Postpones North-West Constitution Review Public Hearing

PICTORIAL: Late Businessman Aminu Dantata Buried In Saudi Arabia

Tonya Lawani Joins Dangote Group’s NASCON Board As Independent Director

‘Buhari Left Office Broke But With Integrity Intact’, Says Spokesman Garba Shehu

YPP Elects Madaki, 10 Other Flagbearers For 2026 AMAC Chairmanship, Councillorship Polls

JUST-IN: Atiku, Mark, Lamido, Others In Closed-door Meeting

Reps Probe Nigeria’s €1.2m Debt To OACP

Akume’s Rumoured Resignation Plot To Incite Religious Tension, Says Northern CAN

2027: APC Vows To Recapture Oyo

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.