Your old shares are not lost

 

1️⃣ Identify the Company Whose Shares You Bought

• Not the stockbroker but the actual company whose shares you purchased. Write down the company’s name(s).

• If the company has since changed its name, merged, or been acquired, get the new company name of the new owner. Your shares are there. 

2️⃣ Find the Company’s Registrar

Every company listed on the Nigerian Exchange (NGX) has a registrar that keeps shareholder records. For example:

• Dangote Cement Plc Registrar is Coronation Registrars Limited

• GTCO Registrar is Datamax Registrars

• PZ Cussons Nigeria Plc Registrar is First Registrars & Investors

You can search online for “Registrar of [Company Name] shares” or check the NGX or SEC website.

3️⃣ Contact the Registrar

Send them an email that includes:

• Your full name (as used when you bought the shares)

• Any share certificate, dividend warrant, or CSCS number you may still have

• Your current phone number, email, and valid ID

✅ The registrar will trace your records and confirm if you’re still a shareholder, and inform you.

• Feel free to ask them any questions or raise any concerns. They are obliged to assist you.

• If their office is nearby, you may also visit in person.

• Always follow them up. 

4️⃣ You Can Then Complete an E-Dividend Mandate

If your dividends have been piling up unclaimed, you can reclaim them by filling out the e-dividend mandate form through your registrar’s website or on the SEC Nigeria website.

• Once activated, your dividends will be paid directly into your bank account.

5️⃣ Dematerialise Your Shares (Move to CSCS)

Many old shares were issued in paper certificate form, but today everything is electronic.

• The registrar will help you dematerialise your shares (transfer them from paper to your CSCS account). So, you will need to provide them your CSCS

• You have to get a CSCS (Central Securities Clearing System number) through a stockbroker if you presently don’t have one. 

▶️ This is what I will tell you: Even if it’s been 10–20 years, your stock investment in Nigeria is still somehow traceable. If the company still exists, your shares are intact.

Larry Ellison Surpasses Elon Musk to Become World’s Richest Person

Larry Ellison Surpasses Elon Musk to Become World’s Richest Person after his fortune increased by over $100 billion in one day 

Oracle co-founder Larry Ellison has overtaken Elon Musk as the world’s richest individual after a sharp surge in Oracle’s share price lifted his fortune to $393bn, edging past Musk’s $384bn.

The 81-year-old billionaire, who holds a 41% stake in Oracle, saw his wealth soar on Wednesday when the software giant posted stronger-than-expected results. Oracle’s stock jumped over 40% in early trading to $340 per share, valuing the company at $958bn (£707bn). Bloomberg’s Billionaires Index noted it was both the firm’s largest single-day rise and the biggest one-day wealth gain ever recorded.

Ellison and Musk now rank far ahead of Facebook’s Mark Zuckerberg and Amazon’s Jeff Bezos.

Ellison’s wealth also comes from a stake in Tesla, ownership of the Hawaiian island of Lanai, a sailing team, and the Indian Wells Open tennis tournament. He has long ties with Musk, whom he has often been described as mentoring.

He served on Tesla’s board from 2018 to 2022 and invested $1bn in Musk’s purchase of Twitter (now X). According to Walter Isaacson’s biography of Musk, when asked to invest, Ellison replied he would contribute a billion dollars or “whatever you recommend.” Musk is also a frequent guest on Ellison’s Hawaiian island.

A supporter of Donald Trump, Ellison has appeared with him at the White House, including for the launch of the $500bn Stargate AI project. Musk, who initially had close ties with Trump before a recent fallout, is also backing Trump’s 2024 campaign.

Oracle’s surge is driven by soaring demand for its cloud services from AI firms, including ChatGPT maker OpenAI, which require massive datacentres.

Musk, CEO of Tesla and founder of SpaceX, first claimed the top spot in 2021, briefly ceded it to Jeff Bezos and Bernard Arnault, and regained it last year. After just over 300 days, Ellison has now taken the crown.

 

Hilda Baci has announced a change in her cooking location for Friday's Jollof Rice Festival with Gino

 Change of Venue As Hilda Shares Concern Over Attendees' Safety!

According to Hilda, this change is necessitated by the unexpected number of registrations received.

The previous venue was estimated to accept about 3, OOO attendees but over 2O, OOO people registered to attend the festival on site, hence the need for the change for security and space for everyone. 

The new venue is now Eko Hotel and Suites.

Hilda assures everyone that the festival is free and all meals will be free too.

She is ready once again and excited as she gears up to break the Guinness World Record for cooking the Largest Pot of Nigerian Jollof rice. 

Hilda Bacc wants to cook 250 bags of rice in a massive 22,619-liter pot on Friday, the 12th of September 2025, in Lagos!

NASS REPLIES NATASHA ON HER NOTICE OF RESUMPTION

 

The National assembly has communicated Senator Natasha Akpoti Uduaghan, that the matter of her resumption is not administrative, but subjudice as the matter on her suspension is pending before the Court of of Appeal

The communication was in response to a letter to the Clerk to the National Assembly from Senator Natasha in which she stated her intention to resume senate duties explaining that the suspension period imposed on her by the senate expires on the 4th of September.

The acting clerk to the National assembly, as directed informed Senator Natasha that the suspension will be reviewed as soon as the judicial process on the matter is concluded.

Senator Natasha was suspended for six months on the 6th of March 2025 as recommended by the senate committee on ethics privileges and public petition for violating senate standing rules with regards to sitting arrangement in the senate chamber. 

Her attempt to gain access into the complex on 21st July 2025, was unsuccessful as she was denied entry by national assembly security operatives.

NTA news

Invest in stock

 

 BUA Foods Plc

Current Price: ₦590

GTCO

Current Price: ₦92

Dangote Cement

Current Price: ₦520

MTN Nigeria

Current Price: ₦435

Nestle Nigeria

Current Price: ₦1,870

Airtel Africa Plc

Current Price: ₦2,310.5

Beta Glass Plc

Current Price: ₦486

Zenith Bank

Current Price: ₦65.75

Stanbic IBTC

Current Price: ₦99.9

Okomu Plc

Current Price: ₦1,020

Etc.

The above stocks are categorised as Blue-Chip Stocks, i.e., stocks of established, reliable companies with stable returns. They are relatively safe for beginners.

⚠️ DISCLAIMER: The above is not investment advice, just mere general suggestions.

✅ NOTE:

1. Even blue-chip stocks can decline in the short term due to market conditions.

2. Blue-chip stocks are relatively safe, not risk-free. They are usually best suited for long-term investing.

Avoid Ponzi scheme when investing

 Any investment that pressures you with "Put money NOW-NOW and cash out. If you don’t put money NOW-NOW, you will lose out." is almost always a Ponzi scheme or scam. Run from it.

In investing, urgency is a scam tactic.

Scammers use what we call the 'fear of missing out' (FOMO) to rush unsuspecting people into putting money without thinking or asking questions.

Now, this is the truth: Legitimate investments don’t expire overnight. Real investments like stocks, bonds, mutual funds, treasury bills, real estate, etc. are never “invest now or lose out.” No! You can invest in them ANYTIME you are ready. They are always there, today, tomorrow, next month or next year. You can invest in them whenever you are done with your due diligence.

So, beware of anything that looks like "Invest NOW-NOW and cash out"

Don’t say I didn’t warn you.

AVOID BUSINESS LOAN

 To be fair to Nigerian banks, loan credibility has always been a major challenge. Many Nigerians take loans from banks and fail to pay back, and in any economy, once credibility is weak, bank lending rates automatically rise.

As of today, the Nigerian Monetary Policy Rate (MPR) is 27.50%. This means digital and commercial bank lending rates should be around 15%–40%. However, some banks offer lower rates, depending on the borrower’s risk profile, collateral, type of loan, business relationship with the bank, and internal policies.

There are also some government intervention loans with interest rates as low as 5%.

The bottom line is this: Smart business owners don’t just borrow; they count the cost. So, don’t take a loan with an outrageous interest rate unless you’re certain you can manage it.