The Nigerian Exchange, CSCS and your stockbroker

A plain guide to buying NGX shares.

From a bank account to shares recorded at the CSCS: the route, the arithmetic, and eight Nigerian Exchange companies with their close of 6 November 2026 and their 52-week range.

Licensed brokerCSCS accountShares × price
8 bars, one per listed company, each from its 52-week low to its high with the close marked
The close of 6 November 2026 against the 52-week range of 8 companies, with the close in the right column. Read from the exchange board and TradingView's public screener on 6 November 2026

What this site shows, and what it does not

This site is about one thing: the money and the steps between a bank account and shares on the Nigerian Exchange. It carries eight companies, DANGCEM, MTNN, ZENITHBANK, GTCO, UBA, ACCESSCORP, NESTLE, STANBIC, with the close of 6 November 2026, the day's change and the 52-week range, and it explains how an order becomes shares in your name.

It does not recommend a share, forecast a price or print a yield. It is not a broker, holds no money and opens no accounts. Every figure on the board is a dated reading of a named source.

From naira in a bank to shares at the CSCS

The route has four links. A licensed stockbroker takes your order and deals on the exchange. The Central Securities Clearing System (CSCS) records the shares for you, against a clearing house number. Your own bank account is where the money starts and where a sale ends. The exchange sits in the middle, matching buyers and sellers.

Each link has its own page or its own paragraph: how to open the account and place the order, how to read the board you are looking at, and what a purchase costs before fees.

The day on the board

On 6 November 2026, 0 of the 8 companies closed higher, 4 lower and 4 unchanged. The biggest rise on the board was DANGCEM (0.00%) and the biggest fall ZENITHBANK (−2.17%). A change of 0.00% means the price printed for the day equals the previous close; on a thinly traded share it often means no trade moved it.

Nearest its 52-week high is DANGCEM (position 84.4 of 100); nearest its low is UBA (37.0). The widest 52-week spread is DANGCEM's, whose high is 179 percent above its low; the narrowest is UBA's, at 61 percent.

Eight companies against their 52-week range

Position is (close − low) ÷ (high − low): 0 at the 52-week low, 100 at the high. Read from the screener on 6 November 2026.

Code52-week low52-week highClosePosition (0–100)
DANGCEM₦534.6₦1,490₦1,34184.4
MTNN₦429.3₦915₦83783.9
ZENITHBANK₦53.7₦136.9₦117.476.6
GTCO₦77.5₦156.95₦119.853.2
UBA₦34.25₦55.2₦4237.0
ACCESSCORP₦19.9₦36₦26.943.5
NESTLE₦1,730₦3,395₦2,65055.3
STANBIC₦94.6₦188.55₦162.572.3

The eight companies, with the exchange's own labels

Sector and board are as the Nigerian Exchange's own equities board lists them; close and change are from the same board.

CodeCompanySector (NGX)Board (NGX)CloseChange
DANGCEMDangote Cement PlcIndustrial GoodsPremium Board₦1,3410.00%
MTNNMTN Nigeria Communications PlcIctPremium Board₦837−1.53%
ZENITHBANKZenith Bank PlcFinancial ServicesPremium Board₦117.4−2.17%
GTCOGuaranty Trust Holding Company PlcFinancial ServicesMain Board₦119.8−1.80%
UBAUnited Bank for Africa PlcFinancial ServicesPremium Board₦420.00%
ACCESSCORPAccess Holdings PlcFinancial ServicesPremium Board₦26.9−0.19%
NESTLENestle Nigeria PlcConsumer GoodsMain Board₦2,6500.00%
STANBICStanbic IBTC Holdings PlcFinancial ServicesMain Board₦162.50.00%

Sectors and boards on this page

The exchange labels every company with a sector and with the board it trades on. Here, 5 companies in Financial Services, 1 company in Industrial Goods, 1 company in Ict, 1 company in Consumer Goods; by board, 5 on the Premium Board, 3 on the Main Board. The labels are the exchange's; this site adds none of its own, because the sector labels of the other source it reads are not reliable.

A sector label tells you what group the exchange files a company under. It does not say how the company is doing, and two companies in one sector can have very different year ranges: on this board the spreads between the 52-week low and high run from 61 to 179 percent.

Five questions the board answers

01

Which share closed highest on the day? — DANGCEM, at 0.00%; ZENITHBANK was weakest at −2.17%. The day's moves are small against the year's ranges.

02

Which is nearest its yearly high? — DANGCEM, at 84.4 on the 0 to 100 scale, with a close of ₦1,341 against a high of ₦1,490.

03

Which is nearest its yearly low? — UBA, at 37.0, closing at ₦42 against a low of ₦34.25.

04

How many did not move? — 4 of 8 show a change of exactly 0.00%. The board does not say whether anything traded in them.

05

What would 1,000 shares of the dearest cost? — NESTLE closed at ₦2,650, so 1,000 shares come to ₦2,650,000, before fees and taxes.

Why there is no chart tonight

A year of daily closes would let each company page draw a line and a month-end table. The source for those bars, Yahoo Finance, answered every request with “too many requests” on 6 November 2026, and this site does not draw a chart from anything it cannot name. So each company page shows the board figures and says plainly that no history is stored yet.

If the source answers later, the charts and the one, three and five-year changes will be added with their own read dates. Nothing on a page is a placeholder for them: a page that has no chart has no chart.

What the figures are checked against

The close and the previous close come from the exchange's own equities board; the screener's price and change are compared with them, and the record is refused if they differ by more than a half of one percent. The 52-week low and high are the screener's own; the exchange board does not print them, so there is nothing to check them against, and the page says so.

The check itself was tested: seven deliberate faults (a shifted close, an inverted range, a wrong sector, and so on) are planted, and every one must be refused before the check is trusted.

Naira and kobo

Prices on the board are in naira per share. Some are small, such as a few naira, and some run into thousands; a share priced at ₦2,650 and one at ₦42 are not comparable by price alone, because the price per share depends on how many shares a company has issued.

The arithmetic that matters to a buyer is the number of shares times the price. At the closes on this board, 100 shares of DANGCEM cost ₦134,100 and 100 shares of STANBIC cost ₦16,250, before commission and taxes.

FxPro and Nigerian shares are different things

The broker link on this site goes to FxPro, an international provider of contracts for difference (CFDs). A CFD account does not buy a share listed on the Nigerian Exchange: nothing is recorded for you at the CSCS, and there is no dividend payment from the company. FxPro does not hold a Nigerian licence and does not offer Nigerian-listed shares such as those on this board.

The FxPro page of this site sets out the difference before you decide anything.

How wide a year is, company by company

The 52-week spread is how far the high sits above the low, as a percentage of the low: DANGCEM 179 percent; MTNN 113 percent; ZENITHBANK 155 percent; GTCO 103 percent; UBA 61 percent; ACCESSCORP 81 percent; NESTLE 96 percent; STANBIC 99 percent.

A wide spread means the price covered a lot of ground in the year; a narrow one that it stayed in a band. It says nothing about direction: the same spread can belong to a rising share and a falling one, which is why the position in the range is shown beside it.

The day's moves, by comparison, are between −2.17% and 0.00%: a few percent at most, against yearly spreads of tens or hundreds of percent.

How to use the board without being misled by it

Use it to estimate money, not to time a purchase. The close is a past price; the position in the range is a description; the change of a single day is small against the range of a year. None of these says what the next price will be.

Check any figure you plan to act on against the broker's live screen, and against the exchange's own board, which is the source of the close and the previous close here.

What 100 shares cost at each close

Naira, at the closes of 6 November 2026; before commission, charges and taxes.

CodeClose10 shares100 shares1,000 shares
DANGCEM₦1,341₦13,410₦134,100₦1,341,000
MTNN₦837₦8,370₦83,700₦837,000
ZENITHBANK₦117.4₦1,174₦11,740₦117,400
GTCO₦119.8₦1,198₦11,980₦119,800
UBA₦42₦420₦4,200₦42,000
ACCESSCORP₦26.9₦269₦2,690₦26,900
NESTLE₦2,650₦26,500₦265,000₦2,650,000
STANBIC₦162.5₦1,625₦16,250₦162,500

Company by company

One line each, all of it arithmetic on the board.

CodeWhere the close sitsOn the dayShares for ₦100,000
DANGCEMnear the 52-week high (84.4)unchanged74
MTNNnear the 52-week high (83.9)−1.53%119
ZENITHBANKnear the 52-week high (76.6)−2.17%851
GTCOin the upper half (53.2)−1.80%834
UBAin the lower half (37.0)unchanged2,380
ACCESSCORPin the lower half (43.5)−0.19%3,717
NESTLEin the upper half (55.3)unchanged37
STANBICin the upper half (72.3)unchanged615

A first purchase, worked through

Suppose you set aside ₦100,000. At the closes of 6 November 2026 that buys 74 whole shares of DANGCEM (₦1,341 each), 119 of MTNN (₦837) or 615 of STANBIC (₦162.5), with a remainder in each case, before the broker's commission and taxes.

The remainder is not wasted: it stays in the broker account. But commission is taken from the same pot, so the number of shares you can really buy is a little lower than the table's. How much lower is in the broker's fee schedule, which this site does not read.

Then the order: a limit order names a price. If the live price is above your limit, the order waits; if the price falls to it, the order is matched, fully or in part. You see the result on the contract note.

What a contract note shows

After a trade the broker issues a contract note. It states the share, the number of shares, the price, the value of the trade, the commission and charges, the settlement date and the net amount. Check three things first: that the number of shares is what you ordered, that the price is not above your limit, and that the settlement date is the one the broker quoted.

Keep every note. They are what you show for the cost of your shares if you later sell, and what you compare with the CSCS record.

Questions to settle before the first order

Is the firm licensed by the SEC and a dealing member of the NGX? What does it charge for a buy and for a sale? Where will the shares be recorded, and under whose clearing house number? How will you see the contract note, and how fast does it arrive?

None of those answers is on this site, because none is in the data it reads. They are on the broker's own documents, and a broker who is slow to give them is giving you an answer too.

Words used on this site

NGX: the Nigerian Exchange, where the shares trade. CSCS: Central Securities Clearing System, where they are recorded. CHN: clearing house number, the identifier of your CSCS account. SEC: the Securities and Exchange Commission, which licenses brokers. Close: the last price of the session. Change: the close against the previous close. 52-week range: lowest and highest price in the last year.

Position: where the close stands in that range, 0 at the low and 100 at the high. Limit order: an order that names the price you will pay or accept.

Three pages

From the broker to the cost

Eight NGX shares: close, change and 52-week range

Each row is one reading of the board: the close, the change it prints, and the 52-week low and high. The position is (close − low) ÷ (high − low), 0 at the low and 100 at the high. A change of 0.00% means the price did not move on the day. Companies on this board: DANGCEM, MTNN, ZENITHBANK, GTCO, UBA, ACCESSCORP, NESTLE, STANBIC.

CodeCompanyCloseChangePosition in 52-week range
DANGCEMDangote Cement Plc₦1,3410.00%84.4
MTNNMTN Nigeria Communications Plc₦837−1.53%83.9
ZENITHBANKZenith Bank Plc₦117.4−2.17%76.6
GTCOGuaranty Trust Holding Company Plc₦119.8−1.80%53.2
UBAUnited Bank for Africa Plc₦420.00%37.0
ACCESSCORPAccess Holdings Plc₦26.9−0.19%43.5
NESTLENestle Nigeria Plc₦2,6500.00%55.3
STANBICStanbic IBTC Holdings Plc₦162.50.00%72.3

Read from NGX equities board + TradingView screener on 6 November 2026; the exchange's board carries the trading date 6 November 2026. Board: DANGCEM, MTNN, ZENITHBANK, GTCO, UBA, ACCESSCORP, NESTLE, STANBIC.

The trading account this site links to

An account with FxPro

This site is not the broker and opens no accounts. The link goes to FxPro, which offers contracts for difference on shares and indices. A CFD is not a share recorded in your name, and it does not go through a CSCS account. Read the terms before opening an account.