First Registrars & Investor Services Limited (Formerly First Registrars Nigeria Limited) was a wholly owned subsidiary of First Bank of Nigeria Plc until December 2012 following a resolution passed at the Court-Ordered-Meeting that First Bank should divest its entire holdings in First Registrars in line with CBN directives.
What we do at First Registrars include the following: Maintenance of client companies Register of Shareholders which includes change of addresses, Bank mandate, Probate or Letters of administration, Change of names e.t.c. Payment of dividend warrants/interest to shareholders/bondholders respectively.
Why Choose Us
To be the clear leader in the provision of share registration and other investors’ services in Africa
We create excellent customer experience through innovation and superior service delivery that connect people to their wealth
Fidelity, Innovation, Respect, Service Excellence, Tenacity
Message from Securities & Exchange Commission
Information is key. Learn more about your shares and dividends
Direct Cash Settlement
The Direct Cash Settlement Policy facilitates the immediate crediting of an investor’s bank account with the net proceeds of the stock market transaction through the Central Securities Clearing System (CSCS). In other words, when an investor offers some shares for sale, the proceeds from the sale would immediately be paid into the investors’ bank account directly.
Wonder Banks or Ponzi/Pyramid Schemes
These are investment scams carried out by unregistered and fraudulent “investment Operators” who illegally collect money from the public. Their sole purpose is to defraud the general public for their hard-earned money! They deceive people with their incredibly unrealistic interest rates and returns, making them believe it is an opportunity to earn fast money. Eventually, they are unable to pay returns and they disappear with the money. They sometimes begin to operate again under different names at another location.
This is the process of converting physical shares or bonds into electronic format. An investor who wants to dematerialize his shares needs to open a Demat account in the Central Securities Clearing System (CSCS) through a stockbroker of his choice. In return, he gets electronic shares in his Demat account.