e-Dividend Mandate Management System
– Progress Report and Operations
A Presentation of NIBSS to the Capital Market Committee Meeting
November 25, 2015
Progress Report
Registrar Stakeholder Engagement
 August 05, 2015 – Demonstration of Portal Workflow done
to Registrars. Registrars enjoined to provide non-mandated
shareholder data to NIBSS for upload to the database
 September 25, 2015 – Registrars were updated on the level
of compliance with the SEC directive. A proposal was made
on the commercials for cost recovery purpose.
 November 12, 2015 – Meeting to herald the live operations
of portal effective November 16, 2015. A moratorium period
of 90 days wherein investors will process e-Dividend
mandates free of charge communicated with Registrars
enjoined to sensitize investors to seize the window.
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Progress Report
Bank , CSCS Stakeholders Engagement
 July 29, 2015 – Demonstration of portal workflow done to
Banks. The merging of the portal with the acclaimed eReference Portal was mentioned to the banks.
 August 07, 2015 - CSCS enjoined to provide database of
Clearing House Numbers(CHN) to NIBSS for upload into the
portal.
 October 02, 2015 – The e-Document Manager formally
exposed to Banks with the merger of e-Reference and eDMMS portal.
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Operations
• The e-Document Manager is available over the
internet with the URL:
https://apps.nibss-plc.com.ng/eDocumentMgr/
• Live upload of e- Dividend Mandates commenced
November 16, 2015.
• Shareholders’ data for the following institutions may
not be available because NIBSS has not received
their shareholder data:
• BOI Investment and Trust Ltd.
• Corporate Diamonds & Securities & Investments
• NIC Registrars Limited
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Operations – Future Plans
• Moratorium period of 3 months to span November
23, 2015 and February 22, 2016.
• Service to run on N100.00 mandate processing
charge effective February 23, 2016
• SEC printed about 500,000 e-DMMS processing
point stickers to be pasted across all Nigeria bank
branches.
• Plans at advanced stage for information on e-DMMS
on critical social media channels by SEC to ensure
“Top-of-Mind” awareness of the e- Dividend mandate
processing opportunity for shareholders
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Operations – Milestones as @ 20/11/2015
S/N
REGISTRARS
AFRICA PRUDENTIAL
1 REGISTRARS
2 APEL REGISTRARS
3 CARDINALSTONE REGISTRARS
4 CENTURION REGISTRARS
5 DATAMAX REGISTRARS
6 EDC REGISTRARS
7 FIRST REGISTRARS
8 GTL REGISTRARS
9 LIGHTHOUSE REGISTRARS
10 MAINSTREET REGISTRARS
11 MERISTEM REGISTRARS
12 PAC REGISTRARS
13 STERLING REGISTRARS
UNITED SECURITIES
14 REGISTRARS
15 UNITY REGISTRARS
16 VERITAS REGISTRARS
17 FLOURMILLS REGISTRARS
18 CITADEL REGISTRARS
19 ALL CROWN REGISTRARS
20 NIC REGISTRARS LIMITED
21 BOI INVESTMENT AND TRUST LTD
CORPORATE DIAMONDS &
22 SECURITIES & INVESTMENTS
REGISTRARS THAT
HAVE PROVIDED
NON MANDATED
SHAREHOLDER DATA
REGISTRARS WITH REGISTRARS
ADMINISTRATORS WITH USERS
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REGISTRARS
THAT HAVE
UPLOADED
MANDATES
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THANK YOU
Nigeria Inter-Bank Settlement System Plc
… Improving the Nigeria Payments System
1230 Ahmadu Bello Way Victoria Island,
Lagos, Nigeria
Tel: +234 1 2716071
www.nibss-plc.com.ng
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