Frequently Asked Questions

Why Invest with Woodland Capital Markets Plc

Woodland Services has been tailored to meet the following:

  • Access to your account on-line within Nigeria and Overseas

  • Professional Advice to enable you make sound decision from our Trained Personnel

  • Access to market information from time to time through our Research initiatives


What services and products do Woodland offer:

We offer products tailored to suit a broad range of client segments. Our products include: Bonds (FGN & State), Exchange traded funds equities, Treasury Bills and fund management.

What kind of clients do Woodland target

Whether you are a corporate entity, sovereign organization, non-governmental organization or individual investor, we can offer products and services which are tailored to your needs in order to achieve your investment objectives.

Is Woodland licensed by any regulatory body

Yes, we are licensed by the Nigerian Securities & Exchange Commission to carry out business as a Stockbroking firm and other relating business. Woodland Capital Markets Plc is also a dealing member of the Nigeria Stock Exchange.

What do we charge for our services

Equities, Bonds and Exchange Traded funds and other services we offer have regulatory prescribed charges. Below are regulatory charges for the under listed services:

EQUITIES

 

Buy

Sell

 
NSE/SEC Fee (0.3%)
0.3%
0.3000%
Stamp Duty (0.075%) 0.075% 0.0750%
CSCS Trade Alert N4.00/transaction N4.00/transaction  
VAT on Trade Alert 5.00% 0.0030%  
CSCS Transaction Fee 0.3%
0.3000%
 
VAT on Transaction Fee (5% of 0.3%) 0.0150%
Brokerage Fee 1.35% 1.3500%  
VAT on Brokerage (5,00% of 1.35%) 0.0675%
TOTAL      

What is a CSCS account

It is an account in the depository company called Central Securities Clearing System Limited where your stocks are kept in an electronic form and can be replica calibre de cartier watches easily traded.

Is there a minimum amount I can Invest

We do not have minimum amount for opening accounts with our firm. An account can be opened with amounts affordable by you to start your investment.

How do I trade my stocks if I have them in Certificate form

Stocks in Certificate form can be traded after it has been de-materialized by us through the Registrar and deposited to your CSCS account after which you can trade on it.