CSCS

This is an acronym for Central Securities Clearing System. (CSCS) Limited is a subsidiary of The Nigerian Stock Exchange (NSE) as well as the Clearing House of the Nigerian stock market. It was incorporated on July 29, 1992 and commenced operations on April 14, 1997....

CSCS Digital Centre is wholly owned by The Central Securities Clearing Systems (CSCS) Limited, they offer total record management solutions, from physical documents to electronic document management solutions. They make documents available for clients use 24 hours on line web access on a secured network.
T + 3 Days
T+3 is a term common to stockbrokers and investors. It is the process involved in paying an investor that sells his/her shares in the secondary market. T+3 means: trading day plus three days after.
Example:
Remains as stated Monday if possible and three days after, you come to collect your cheque of the sold shares.
o Monday, T =trading day
o Thursday, 3 =three days after.

Though there are insights that the number of days required might be reduced to the barest minimum so as to hasten the process. But presently, the process involved in selling in the secondary market is still as stated.
Daily price check
There is need of monitoring your investment through checking the price daily. This will help in your investment decisions; what to buy and when to sel. The price at which a stock closed for the day which can also be the opening price of the stock the next day are found in our daily newspapers. You could also view the price directly from the internet. www.nigerianstockexchange.com or www.cscsnigerialtd.com
Benefits
 You are free from theft, fire outbreak, missing share certificate etc
 Selling is easier
 You are entitled to e-bonus share
 Your CSCS print out can be used to know the authenticity of your share. In case if you want to get loan