Contact us on 0700 CALL CSCS (0700 2255 2727) or [email protected]

CSCS Trains The Nigerian Police Force

CSCS Trains The Nigerian Police Force

The Central Securities Clearing System Plc (CSCS Plc) on Thursday concluded a two-day workshop on Central Securities Depository/Capital Market Operations for officers of the Nigerian Police Force in Lagos as part of CSCS contribution towards supporting the fight against financial theft in the Nigerian Capital Market.

Speaking at the opening session of the workshop, Mr. Joe Mekiliuwa, General Manager, Operations, CSCS, said that the intended objective of the workshop was aimed at exposing the participants to the operations of CSCS in the capital market and market dynamics so as to assist them in carrying out Capital Market related investigations successfully and improve collaboration between CSCS and the Nigerian Police Force.

According to Mekiliuwa, “this training has become necessary in order to collectively fight criminals in the capital market by sharing with you information you need to know about the operations of CSCS that will assist in your investigations on capital market related cases. And at the same time foster the relationship between our organization and the Nigerian Police Force”.

He therefore encouraged the officers not to see the workshop as a mere academic exercise but as a practical hands-on-deck approach such that it would help in improving their understanding of the capital market operations.

The workshop was facilitated by distinguished and seasoned professionals from the Operations Department of the organization. Issues ranging from the company’s role, trading, Clearing and Settlement Process, settlement of trade, methods of share transfer and transmission, purchase of shares through the primary and secondary market, efforts by the market to curb sharp practices were adequately covered.

Responding on behalf of the participants after the two-day workshop, Mr. Yusuf Abdulrazaq (CSP) commended the Management of CSCS for organizing the workshop which he said had broadened their knowledge about the operations of the capital market and he urged CSCS not to rest on their oars but to continue to organize such workshop in the future.

The participants at the workshop who were drawn from Lagos Zone 2 Command, Onikan, State Criminal Investigation Department (SCID), Panti, Area A Command, Lion Building, and Police Special Fraud Unit (PSFU), Ikoyi were presented certificates of merit and attendance.

Share This Post

Related Posts

Press Release

We Could Not Have Made It This Far Without You!

We Could Not Have Made It This Far Without You! Esteemed Stakeholder, What an interesting year 2022 has been! As we draw the curtain on the year, it is worthwhile to look back to admire all the twists and turns we maneuvered together; and whilst some people cannot wait to kick the dust off their shoes (and in many cases,

Adeyinka Shonekan's Portrait
Press Release

CSCS PLC Strengthens Leadership Bandwidth with Appointment of Adeyinka Shonekan as Executive Director

Lagos, Nigeria –  11 November 2022: Central Securities Clearing System (CSCS) Plc, Nigeria’s premier Central Securities Depository (CSD), has today announced the appointment of  Mr. Adeyinka Shonekan, as Executive Director on its Board. The appointment of Adeyinka as an Executive Director, results from a rigorous process to add valuable experience to the Board whilst also strengthening Management bandwidth.  Adeyinka, currently