Culled—Proshare
April 18, 2018/TheAnalyst
Below is the currently published “buy and sell” transaction charges for equities traded on the Nigerian Stock Exchange (NSE).
| Buy and Sell Transactions Charges | |
| Sell Charges | % |
| NSE Fee | 0.3 |
| Stamp Duty | 0.075 |
| CSCS Trade Alert | 0.06 |
| VAT on Trade Alert (5% of 0.06%) | 0.003 |
| CSCS Transaction Fee | 0.3 |
| VAT on Transaction Fee | 0.015 |
| Brokerage Fee | 1.35 |
| Buy Charges | % |
| SEC Fee | 0.3 |
| Stamp Duty | 0.075 |
| CSCS Trade Alert | 0.06 |
| VAT on Trade Alert (5% of 0.06%) | 0.003 |
| Brokerage Fee | 1.35 |
| Source: Cashcraft, TheAnalyst | |
Charges on any of your share transactions can be verified by cross-checking your contract note against the above percentage charges approved by the regulators.
For more information, contact The Nigerian Stock Exchange, NSE