Friday, September 12, 2025

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.

Wednesday, September 10, 2025

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!



Tuesday, September 9, 2025

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.

Monday, September 8, 2025

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.

Men dislike their ex glowing


 Men don’t like it when they break up with a woman and the woman starts shining brighter than them. They expect her to cry, suffer, and run back to them so their ego can feel important. But the moment she raises her head up, moves on, and begins to do better, some of them become bitter and start obsessing.

The sad truth is, some of these men never move on. Instead of focusing on their own life, they sit down watching the woman’s progress like a movie, boiling with anger inside. This man here k!lled his ex-girlfriend two years after they broke up, simply because she was doing fine without him. Imagine that level of wickedness! For two good years he carried bitterness in his heart, instead of carrying his life forward.

Ladies, please shine your eyes 👀. Stay far away from this type of men — men whose love turns to hatred once you refuse to be broken. A man that cannot be happy for your success is dangerous to your peace of mind and even your life.

A good man will clap for you when you’re winning, even if he is no longer with you. But a bitter man will see your growth as a personal insult. Abeg, don’t wait to find out which one you are with. Protect your peace, protect your joy, and most importantly, protect your life. 

💯✨

Juliet Ekwutosi Orji

Angel Reese wanted her signature shoes to cost $1000

 


🚨Reebok reportedly "laughed" at Angel Reese's proposal to price her new shoe brand at a whopping $1,000 per pair, arguing that her brand justifies the premium cost.


Reebok suggested $40 per pair, but after negotiations and strategising to promote her brand, they settled on $150 but felt concerned about the price tag.


"I have a massive following that would pay a lot to be in my shoes; I know my brand and my worth."



 
 Mountain lion spotted raising two wolf cubs in Yellowstone. Wildlife cameras in Yellowstone National Park recently captured something no one expected a mountain lion caring for two wolf cubs.


Rangers first noticed the unlikely family traveling together at night, the cubs trotting at the lion’s side as if they had always belonged there. Over the weeks, the cameras showed more: the lion pausing to let the cubs rest, sharing kills, and even circling protectively when other predators approached.

Zamfara Governor Under Intense Pressure to Resign After Shocking Banditry Admission By Tgnews



Governor Dauda Lawal of Zamfara State is facing mounting pressure to step down following a viral video in which he admitted to knowing the locations of bandits plaguing the state but claimed he was powerless to act. The undated clip, spoken in Hausa, has sparked widespread outrage, with critics labeling the governor’s remarks as reckless and self-incriminating.

In the video, Lawal revealed that he could track bandits’ movements using devices at his disposal, stating, “I swear to God wherever bandits are, we know. I know, I can show you on this phone wherever they are… I know, but we can do nothing.”

He further claimed that the banditry crisis could end in two months if he had direct control over security operatives, lamenting that his procurement of 150 vehicles for security agencies was ineffective due to directives coming from Abuja.

The remarks have drawn sharp criticism, particularly given the billions of naira in security votes Lawal has received since taking office nearly three years ago. A senior government official in Abuja, speaking anonymously, described the governor’s statements as “irresponsible” and a “slap in the face” to security forces and Zamfara residents. “He has received substantial funds for intelligence and operations, yet he claims helplessness. If he knows the bandits’ locations and hasn’t shared this with the National Security Adviser, DSS, or military, he is failing in his duties,” the official said.

He has received substantial funds for intelligence and operations, yet he claims helplessness. If he knows the bandits’ locations and hasn’t shared this with the National Security Adviser, DSS, or military, he is failing in his duties

Zamfara remains a hotspot for banditry, with recent attacks underscoring the crisis’s severity. On August 23, gunmen raided Gamdum Mallam and Ruwan Rana villages in Bukkuyum, killing two and abducting over 100. Earlier, an assault on Kauran Namoda left 24 dead, 16 injured, and 144 kidnapped. Residents, already reeling from such violence, expressed anger over Lawal’s comments. “If he knows where the bandits are and does nothing, he is unfit to lead,” said a community leader in Maru, speaking anonymously.

Security expert Dr. Usman Shehu called the governor’s remarks “reckless at best, complicit at worst,” warning they could embolden criminals and erode trust in governance. The official in Abuja hinted at discussions about a potential state of emergency in Zamfara, citing the governor’s failure to address the crisis despite significant resources. “Villages are burning, children are abducted, yet the governor, with a heavily armed convoy, claims powerlessness. It’s unacceptable,” the source added.

The controversy has also stirred Zamfara’s political landscape, with lawmakers reportedly considering a probe into Lawal’s handling of security votes and intelligence-sharing. The governor’s media team has not responded to requests for comment, leaving his administration under intense scrutiny.

As violence continues to ravage Zamfara, calls for accountability grow louder. Whether through resignation, a probe, or federal intervention, Governor Lawal’s admission has placed him at the center of a crisis that threatens both his leadership and the state’s stability.

The new world order


 Gen z children don't have morality. Imagine what they are doing before the camera 

My child is blessed with two fathers - Jim Iyke


In an interview with Punch, the actor explained that cutting off his ex completely could expose their child to potential mistreatment if she ended up with someone unkind.


However, he expressed relief that her current partner is a good man, which gives him peace of mind.

According to him, his son now enjoys the rare privilege of having two father figures, which he considers a blessing rather than a loss.

Jim Iyke described the parenting styles in both households as complementary.

While his ex-wife’s partner takes a softer and easy-going approach, he positions himself as the disciplinarian, instilling resilience and perspective in their son as a black man navigating the world.

He added that the combined influence has created a balance, which has made his child one of the happiest and most grounded children he has ever known.

He said: “Bitternes is useless. If I cut her off completely, she could end up with someone who mistreats my son, and that would haunt me forever. But her partner is a good man. Instead of jealousy, I see my son as blessed with two fathers.

“We have different parenting styles. Her partner is a pleaser; the easy-going liberal type. I’m the disciplinarian; the one who teaches resilience and perspective as a successful black man navigating the world. Together, my son gets balance. He’s one of the happiest, most grounded kids I know.”

Jim Iyke was previously married to Dana Kinduryte, a 33-year-old Lithuanian-American lawyer.

Together, they have at least one known child, their first son, Harvis Chidubem Iyke, born in 2015



 In a fiery sermon that has gone viral across social media platforms, Dr. Paul Enenche, the Senior Pastor of the Dunamis International Gospel Centre, has launched a scathing critique against digital lending platforms, accusing them of being in a "covenant with the spirit of death" and engaging in predatory practices that push Nigerians to despair.

The renowned cleric's vehement condemnation, delivered from his pulpit in Abuja, addresses the growing national concern over the operations of these companies, often known as "loan apps".

Enenche's comments highlight a significant issue in Nigeria and other parts of Africa, where a growing number of digital loan platforms have emerged, promising quick and easy access to credit. However, these platforms have been widely criticized for their exorbitant interest rates, hidden charges, and unethical debt recovery tactics. These tactics often involve publicly shaming borrowers by sending threatening messages to their contacts and exposing their personal information. These actions, which can lead to social ostracism and mental health crises, have prompted public outcry and calls for stricter regulation.

The pastor's fiery sermon aligns with a broader societal concern about the unregulated digital lending space. Many victims have shared harrowing stories of being hounded, insulted, and even blackmailed by these companies. Dr. Enenche's use of strong spiritual language like "spirit of death" reflects the perceived gravity of the situation and suggests that the problem is not just financial but also deeply moral and spiritual. He urged his congregation and the wider public to be wary of such platforms, describing them as traps designed to ensnare people in a cycle of debt and despair.

This is not the first time Dr. Enenche has addressed financial issues from a spiritual perspective. He has previously preached about the importance of living a debt-free life, citing biblical principles and warning against the pitfalls of excessive borrowing. His sermons often focus on the theme of "supernatural provision" and "financial dominion", encouraging his followers to trust in God for their financial needs rather than resorting to practices that could lead to bondage. His recent statement on loan apps is a continuation of this message, but with a more direct and urgent warning against a specific, modern-day menace. The pastor's remarks have resonated with many who feel victimized by these companies, validating their struggles and providing a spiritual framework for understanding their plight.