
ACM is a leading online provider of Nigerian financial market information. On Monday 7th April 2008, ACM came under new management.
Since February 2008, to purchase stock through ACM, you have needed to be an existing client of a participating broker or become a client of a participating broker. All brokers participating in the ACM programme are licensed with the Nigerian Stock Exchange, the Central Bank of Nigeria and the Securities and Exchange Commission. A list of brokers participating in the ACM programme is available on request.
Due to the late sending of certificates for Nigerian Initial Public Companies (IPO's), many investors have recently expressed considerable displeasure at delays by public quoted companies to dispatch their share certificates several months and even years
after the closure of their public offers.
As a result of this, ACM is shortly pioneering a system of only offering stocks held by a major custodian bank so that investors can have total confidence in the fact that
as they pay for their stock, they are guaranteed almost immediate receipt of that stock, and there would be no delays should they wish to sell that stock.
Use of this site and any stock purchases made through this site are subject to our Terms of Service. ACM does not represent that materials in the Service are appropriate or available for use in countries outside Nigeria.
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