iTechGuides is reader-supported. When you buy through links on our site, we may earn an affiliate commission. As an Amazon Associate I earn from qualifying purchases. Learn more
To buy or sell shares listed on the Nigerian Exchange (NGX), open an account with a stockbroker that is both registered with Nigeria’s Securities and Exchange Commission (SEC) and an NGX Trading License Holder, then give the broker your order and monitor its execution and settlement. Start by checking both regulators’ current records: broker status can change. The broker will explain its onboarding, funding, order-submission and records process; there is no single NGX-wide document checklist for every investor.
What buying and selling NGX shares involves
Most investors use a stockbroker to access the NGX secondary market, where investors trade shares already listed on the exchange. The broker facilitates account opening and trading; NGX describes trading as an order-book market. In practice, you tell your broker which security you want to trade, how many shares, and whether you want to buy or sell. You then check whether the instruction has been executed and what holdings or proceeds are recorded.
A share represents an ownership interest in a company. It may increase in value or pay dividends, but its price can also fall and some companies do not pay dividends. Rights can differ by share class. Buying shares therefore does not guarantee a profit, a dividend, or a particular outcome. See NGX’s equities overview for its explanation of shares and their risks.
The Tool Desk
Outbyte PC Repair FREEClear out junk files and repair common Windows errorsFree Scan →Outbyte Driver Updater FREEFix the driver behind crashes, sound loss and screen glitchesFind Drivers →This guide covers the ordinary process through a broker, not a recommendation to buy a specific company or use a particular broker. The exact account requirements, retail interface, order conditions and customer support depend on the broker you choose.
#1 Best Overall
- Powerful Turbo Fan:CAGIWIRU Electric Air Duster have reached speed up to 130000RPM,Can efficient remove dust and debris.With LED light and Three Adjustable Speed to meet with different cleaning tasks.
- With Attached USB C Fasting Charging cable.Charing 3 hours,Enjoy up to 240 minutes of use on the lowest setting, For third speed can use for 25mins.with four charging options to meet with your needs.
- Wide Application:Upgraded attached 5 different nozzles,making it suitable for a variety of scenes, such as car,pet, pc, keyboards, and other electronic devices. It also serves for office and home clean duster.
- Handy Design & Portable:Cordless air duster electric nozzle is Light weight and small size, design and comfortable to hold and space saving, convenient to carry around. You can put it in your room or inside the car without taking up space.
- Warranty & Support: Our Electric air duster comes with 5 years warranty and 24/7 customer service. During this period, if you have any questions,pls kindly feel free to contact us.
Step 1: Choose and verify a stockbroker
For ordinary secondary-market trading, use a broker that is an NGX Trading License Holder. Check the broker against both the SEC’s registered capital-market operator information and NGX’s Trading License Holder directory. The SEC’s investor FAQs also direct investors to trade through registered stockbrokers.
Do the checks close to the time you apply, not just when you first shortlist a firm. NGX warns that the status of its listed brokers can change, so a directory entry is not a permanent guarantee of current standing.
Compare the service, not just the name
After confirming eligibility, compare practical details that affect your ability to use the account. Ask each broker for clear, current answers before submitting documents or sending money.
Free tools Windows power users keep installed
One-click scans. No signup required.
Rank #2
- Screen Cleaner is Your Screen’s New Bestfriend! - EVEO is proud to present a screen cleaner that’s perfectly suited for your TV. Meet your new screen cleaner, computer screen cleaner, laptop cleaner, iPad cleaner, Macbook,tv cleaner or any other electronic device. Our screen cleaner spray and wipe along with the included plush microfiber cloth, easily removes dust, fingerprints & other smudges on the screen’s surface. Clean effectively for a streak-free screen
- Gentle on your Screens - Our screen cleaner spray and wipes is compatible to be used even for the most sensitive LCD, LED, CRT, and OLED screens in proper use. Be at ease knowing that this product is compatible with all the major brands: LG, SONY, Samsung, Sharp, iPad, iPhone, Android screens, Kindle, PC monitors - we’ve got you covered! Can be used as LCD screen cleaner, tv cleaner, smart tv screen cleaner, and more
- Premium Super Soft Plush Microfiber Cloth - Included in this efficient screen cleaning kit. This screen cleaner spray and wipe has our signature plush microfiber cloth specially designed to comply with screens and monitors and leave them streak-free. Has been shown to effectively absorbs stubborn stains, zero streaks, and no fiber shedding. Always use this together with our screen cleaner for the best results
- Easy-to-Use Screen Cleaner Kit + microfiber cleaning cloth - The EVEO Screen Cleaning Kit will easily be your new favorite tool when it comes to taking care of the things you love most, quick and easy solution for a streak-free screen. Simply screw on the sprayer gun on the screen cleaner bottle. Spray the cleaning liquid onto the microfiber cloth, then wipe the screen until desired cleanliness & shine is achieved.
- Quality Screen Care Kit Worth Purchasing - Enjoy a convenient Screen Cleaner anytime, anywhere you need it. Your satisfaction is our top priority. We stand behind the quality of our products and that’s why, you shouldn’t be worrying at all. We manufacture the Best Screen Cleaner. and can be used for laptop cleaning kit, laptop screen cleaner, tv screen cleaner for smart tv. MacBook screen cleaner, monitor cleaner or screen cleaner spray for electronic devices with microfiber cleaning cloth
- Onboarding: What KYC information and supporting documents does it require, how are they submitted, and how will you be told when the account is ready?
- Investor support: Can the broker serve your situation as a domestic or foreign investor? NGX says both domestic and foreign investors may use the market, while the broker sets the documentation process.
- Order access: How will you submit an order, specify its conditions, and check whether it is pending, partially filled, completed or cancelled?
- Charges: What is the current all-in charge for a buy and for a sale, including brokerage commission, applicable market charges, taxes or VAT, and any other broker charges?
- Funding and records: What funding methods are accepted, how are withdrawals handled, and what statements or holdings records can you access?
- Support and problem handling: How can you reach the broker if an order, account record or payment does not match your instruction?
Compare brokers using their current answers and the SEC and NGX records, rather than assuming that one firm’s process or fees apply across the market.
Step 2: Open and fund the account
Once you have chosen a verified broker, follow its own account-opening and KYC instructions. NGX says the dealer provides KYC documentation requirements; it does not give a universal checklist that every investor must submit. Ask the broker for its specific list and instructions instead of relying on a generic document list.
- Request the broker’s onboarding requirements. Confirm what information and documents it needs, how to submit them, and whether any steps must be completed in person or through another method.
- Complete the account application and KYC process. Provide information through the broker’s stated process, and resolve any follow-up requests before assuming the account is ready to trade.
- Ask how securities are recorded. Investors may hold securities through the Central Securities Clearing System (CSCS). Confirm how your broker shows holdings and how you can access or verify the relevant records.
- Get funding instructions directly from the broker. Confirm the correct account details, accepted funding method, and how the broker will identify the payment as yours. Do not rely on informal payment details that you have not verified through the broker.
- Check when funds are available for an order. Ask whether the broker requires cleared funds or applies other conditions before accepting or executing a buy instruction.
Account approval and funding readiness are separate checks: verify both with the broker before placing an order.
Rank #3
- 【Large size】：Measuring 800 x 300 mm/ 31. 5×12 inches, which is wider and taller than others. Large mouse pad can perfectly fit your keyboard and mouse of any size, and there is also ample space for peripherals such as phones, tablets, etc.
- 【LED backlight mouse pad】：Blade Hawks RGB mouse pad provides 7 static modes and 7 dynamic modes will give you the options you are looking for. Power-off memory function remembers the last lighting mode you selected. The super glow fiber Chroma will give you a colorful gaming setup that you want.
- 【Anti-slip rubber base】：Made from Natural rubber, this gaming mousepad will firmly grip your desktop, allowing you to enjoy the ultimate precision in the games you are most passionate about. It also comes with a texture that enhances this ability even further.
- 【Smooth and waterproof surface】: Micro-textured cloth surface, for extremely precise mouse control and a smooth movement. When liquid splashes on the gaming mouse pad, it forms water droplets and slides down. Will not delay your work or gameplay.
- 【Plug and play】: This mouse and keyboard pad is powered by USB, plug and play, no driver required. One button control light modes. Press one time to change the lighting mode, press twice to change the brightness, press and hold about 3 seconds turn ON/OFF.
Step 3: Place a buy order
NGX trading uses an automated central order book with price, cross and time priority, as described on its trading market structure page. That describes how orders are handled in the market; it does not mean a broker’s retail interface, available order conditions or order-status labels are identical to another broker’s.
Recommended Free Tools
- Identify the security. Tell the broker the listed company or security you intend to buy. Confirm the exact security in the broker’s system before submitting the order.
- Specify the quantity and instruction. State how many shares you want and the order conditions available through your broker. If you are unsure what a condition means or how it affects execution, ask before confirming.
- Review the quoted price and cash requirement. Confirm the price information you are using, any applicable order conditions, the amount of funds required, and the charges the broker has quoted for that transaction.
- Confirm the order details before sending. Check the security, buy/sell direction, quantity, price or other condition, and funding availability against your intention. Ask how to correct an instruction if you spot an error after submission.
- Check the order status. Use the broker’s own process to find out whether the order is pending, partially filled, completed or cancelled. Do not treat submission as proof that a trade has executed.
Execution depends on the orders available in the market and the conditions of your instruction; do not assume that every order will fill immediately or at a particular price. NGX labels its displayed market data as 30 minutes delayed. If you are relying on a price display, check whether it is delayed and ask the broker what price information is available for order placement.
Step 4: Confirm execution and holdings
After submitting an order, check the broker’s status information and trade records. A submitted order may not yet be executed; it may be partially filled, completed or cancelled. Ask the broker what each status means in its system and how to see the quantity actually traded.
Rank #4
- 【Softer and More Comfortable】Vaydeer wrist rest has unique diamond pattern, which is the combination of softness and aesthetics. The materials of wrist rest are improved into higher quality memory foam and covered with silky smooth lycra. The computer wrist rest makes you as comfortable and cushiony as like rest your wrists on clouds.
- 【Ergonomic Wrist Saver】The wrist rests for keyboard and mouse comes with a 17.32×3.15×0.83 inch keyboard wrist pad and a 5.94×3.15×0.83 inch mouse wrist support. Based on ergonomic design, the unique concave shape is the perfect fit for your wrist joints. The wrist rest pad fits most computer keyboards and laptops, improve hand and wrist posture, release your wrist and arm stress.
- 【Non-Slip Rubber Bottom】Featuring an anti-skid silicone base on the bottom, this wrist keyboard support stays firmly in place on your desk, preventing the padding from sliding around, ensuring stable and consistent wrist support during extended computer sessions.
- 【Better Experience & Pain Relief】Our keyboard arm rest is beneficial to alleviate the soreness caused by direct contact and friction between your arm and a hard desk surface, reducing the risk of wrist fatigue or carpal tunnel. The soft texture of memory foam can evenly distribute the pressure around your wrists and provide good support with just enough give.
- 【Helpful in Multiple Scenarios】Whether you're working, studying, writing, typing, gaming, this keyboard and mouse rest combo is an essential accessory to add comfort and support to your hands and wrists. It’s also a great gift for men, women, family, friend, coworker, gamer, teacher, etc.
For a completed buy, check that the transaction record shows the security and quantity you intended, and ask when and where the resulting holding will appear in your broker or CSCS records. NGX says investors may hold securities through CSCS, but the exact record-access process depends on the broker. Keep the broker’s trade confirmation and account statements so you can reconcile later activity against your instructions.
If the record does not match what you expected, contact the broker using its official support channel and provide the relevant order or transaction details. Avoid submitting a duplicate instruction until you understand the status of the original one.
Step 5: Sell shares and understand the proceeds
To sell, you need to give the broker an instruction identifying the security, quantity and applicable order conditions. First confirm that the relevant shares are available in the account or records from which the broker will accept the sale instruction.
Best Value
- 【No Drill Mounted】Cable management tray can be assembled in as little as 3 minutes or less-simply. Side clips easily clampe the edge of desk, pass through the holes on the sides, and secure excess cables with baskets. Desk cable management supports inward or outward installation to meet your needs in different scenarios, and provides you with great convenience when collecting and organizing wires.
- 【Rubber Pad Protects Desk】Wire organizer under desk built-in soft rubber pads on the clamp protect your desk from scratches, so you will not damage your furniture or office.
- 【Sturdy and Beautiful】Cord management under desk is made of high-quality carbon steel and holds about 15 lbs. The wire basket has 2 holes on each side of the tray to enable your cables to pass freely. Cable baskets are suitable for desk thickness use from 0.4" to 2.4".
- 【Space Saving & Keep Organized】Desk cable management tray holds all your power cords, outlet strips, USB hubs and computer transformers hidden from your feet, and the data cables will not enter the vacuum cleaner to keep your desk clean and tidy. Desk wire organizer is also suitable for use in the kitchen and outdoors.
- 【Reduce Safety Risks】Cable tray under desk keeps all plugs away from your kids, no more worry about tripping. Using 2 holes wire tray saves extra space, helps you easily cabling and wire protection. The mesh design is not easy to accumulate dust, but avoids safety accidents caused by messy wires.
- Identify the shares to sell. Confirm the listed security and quantity with the broker, and check that the holding is available for the sale.
- Submit a sell instruction. State the quantity and the order conditions offered by the broker. Review the security, direction and other details before confirming.
- Monitor execution. Check whether the order is pending, partially filled, completed or cancelled, and verify the quantity actually sold in the transaction record.
- Ask how net proceeds will be credited. Confirm the destination account and the broker’s process for paying proceeds. SEC describes Direct Cash Settlement as the direct credit of net proceeds to an investor’s bank account through CSCS.
- Reconcile the payment. Compare the sale record and net amount with the funds that arrive, and contact the broker if the transaction record or payment does not match its explanation.
A completed sale, settlement of that trade and the appearance of money in a particular bank account are related but not necessarily simultaneous events. SEC’s explanation of Direct Cash Settlement describes the proceeds route; ask the broker about account-specific payment handling rather than assuming a particular bank-credit time.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Settlement: what T+1 means now
For eligible equities cleared and settled by CSCS, the current SEC framework is T+1: settlement takes place one business day after the trade date. The SEC says the cycle took effect on June 1, 2026, and its August 12, 2026 clarification specifies settlement at 5:00 p.m. T+1. The clarification covers equities and commodities settled at CSCS; check with your broker if you are unsure whether a particular transaction qualifies. See the SEC’s T+1 transition notice and implementation clarification.
“T” means the trade date; “T+1” means the next business day, not necessarily the next calendar day. A weekend or public holiday can affect which day counts as the next business day. Settlement describes the transaction’s completion through the market’s clearing and settlement arrangements; it should not be read as a guarantee that a particular bank account will show sale proceeds at precisely the settlement time.
Quick wins for a faster PC:
Fix the driver behind crashes, sound loss and screen glitchesFind Drivers →Repair Windows errors before they cause bigger problemsFix Now →Understand the trading hours and displayed charges
NGX’s trading-market-structure page displays market hours from 9:00 a.m. to 4:00 p.m., with continuous trading from 9:30 a.m. It also displays the following illustrative equity fee schedule. The values below describe the exchange’s displayed schedule, not a guaranteed all-in invoice for every investor or transaction. Ask your chosen broker for a current, itemized quote and confirm which rates apply to your trade.
| Displayed charge | NGX schedule shown | Side shown |
|---|---|---|
| NGX fee | 0.3% | Sell |
| CSCS fee | 0.3% | Sell |
| Trade alert fee | ₦4 | Each side |
| SEC fee | 0.3% | Buy |
| Stamp duty | 0.08% | Each side |
| Brokerage commission | 0.75–1.35% | Each side |
| VAT | Shown against relevant fees on the NGX schedule | Confirm applicability and calculation with broker |
NGX’s page, accessed October 13, 2026, is the source for the displayed percentages and ₦4 trade-alert amount. Rates and their application may change, and the schedule should not be treated as the total for an individual order. In particular, confirm the current brokerage commission, which charges apply on the buy and sell sides, how VAT is calculated, and the total amount you should expect to pay or receive. The market-structure page also labels its displayed market data as 30 minutes delayed, so do not assume a displayed figure is a live quote.
Before you submit an order: a quick check
- You checked the broker’s current SEC registration and NGX Trading License Holder status.
- You completed the broker’s specific KYC and account process, and confirmed that the account is ready.
- You verified the funding or available-share position needed for the instruction.
- You can identify the exact security, quantity, buy or sell direction and order conditions you intend to send.
- You understand the price information’s timing, the order’s status process and the broker’s current cost breakdown.
- You know where to check execution records, holdings, settlement information and, for a sale, the proceeds route.
Common mistakes to avoid
- Checking only one directory: Use both SEC registration information and NGX’s broker directory, and check close to the time you open the account.
- Assuming a universal document list: The broker supplies its KYC requirements. Ask the chosen firm for the current list rather than relying on another broker’s instructions.
- Confusing order submission with execution: Verify the status and traded quantity in the broker’s records; an instruction may remain pending or only partly fill.
- Assuming a displayed price is live: NGX labels its market data 30 minutes delayed. Check the timing of the quote you are using.
- Using an old settlement cycle: SEC’s current framework for eligible CSCS-cleared and settled equities is T+1, with settlement at 5:00 p.m. T+1, not the older cycles found in historical material.
- Treating settlement as instant bank credit: Check the broker’s payment process and the destination account rather than inferring the bank-credit timing from the settlement time.
- Budgeting from a headline commission alone: Request the current all-in breakdown for each side of the trade, including applicable market fees, taxes and VAT.
What to do if something does not match
If you see a status or record you do not understand, first compare it with the instruction you submitted and the broker’s explanation of its status labels. Contact the broker through its official channel with the order reference, security, quantity and relevant date. For a mismatch in holdings or sale proceeds, ask for the transaction record and the applicable settlement or payment status. Keep copies of the broker’s response and account records so you can follow the issue through to resolution.
Quick Recap
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
What’s actually slowing this PC down?
Pick the symptom - the matching free tool is one click away.
