Close to 15 years after DAAR Communications Plc sold its stocks to hundreds of investors, some of those who participated in the Initial Public Offer (IPO) complain that they’ve never received dividends from the broadcast giant. Not only some are investors angry, but some of them also continue to accuse the company of “shady” dealings on … Read more
Blessed an abundant crude oil, Rivers state is strategic to the Nigerian economy while its capital Port Harcourt is a business hub. But there are other business opportunities in the oil-rich state that anyone with small or huge capital can explore. Investment Opportunities in Rivers With all the challenges, there are more than two dozen … Read more
What are shares? Shares are pieces of a company “ownership” an investor pays for which automatically elevates him to the status of a shareholder or stakeholder. Stocks are used in a more general term You may have heard about investing jargon like equities and stocks, they are used interchangeably with shares (which is the most popular among … Read more
One of the advantages Plateau state has over its competitors in terms of foreign investment is its weather which is similar to Europe’s. Fondly referred to as the ‘Home of Peace and Tourism’, the state has over 40 ethnic groups there (including the likes of Berom, Ngas, and so on). Apart from its many tourist attraction centres … Read more
The companies listed on NGX’s premium board have a combined market capitalization exceeding N22.87 trillion. Out of the eight firms, seven of them are among the biggest firms by market capitalisation in Africa’s biggest economy. Political and economic influence cannot qualify a traded company to make it to the premium board. Instead, the company’s excellent … Read more
Selling in large quantities to foreign buyers requires some documentation, in this guide, we will discuss export documents in Nigeria a seller is expected to get to have a smooth international trade with their buyers. Export in this guide means sales of a large number of non-oil products to consumers or manufacturers of raw materials … Read more
In Nigeria, there are certain cash crops that are next to crude oil, particularly because of their export value. Sesame seed is one of them. It is only behind cocoa in this range. Also known as beniseed, it is ahead of other oilseed crops as far as oil content is concerned. In other words, the … Read more
A shareholder account number serves as a unique identifier for your shareholding and can be located on either your share certificate or on the non-mandated portal of the Securities and Exchange Commission (SEC). Knowing your shareholder account number is essential if you intend to trace a long-abandoned dividend in Nigeria. The major importance of shareholder … Read more
In the 1990s and 2000s, hundreds of Nigerians bought shares. Unfortunately, most of them never followed up on how to receive their dividends. If you’re one of the individuals who have not claimed their dividends, here is a guide to calculating backlogs of your dividends. How to know the total dividend payable to you To better … Read more
The BUA Cement stock price rose by 151.56% from January 26, 2022, when it was at N71.4 per share, to N179.65. on January 26, 2024. Suppose an individual invested N500,000 in BUA Cement stocks in 2022, purchasing 7,002 units at the rate of N71.4 per share. With the stock price having increased to N179.65 as … Read more