1. Nigeria CSD Problems Joe Mekiliuwa Deputy General Manager

2. CSCS Ltd commenced operations on April 14, 1997. As a unique company in the Nigerian capital market, it had to evolve over a period of time. Since its inception the company has gone through various levels of development especially in the areas of operational procedures to meet optimal results and international standards.

3. As a dynamic organisation our procedures will continue to be reviewed to keep pace with current challenges and to provide best practices and services. However, the following are our current challenges:

4. Reluctance of other Stakeholders to support full Dematerialisation Multiple Clearing House Numbers (CHN) Meltdown effect Apathy to investment in shares Alternative Sources of Revenue Backup procedure/Business continuity plan

5. Thank You