NewStats: 3,264,682 , 8,184,406 topics. Date: Thursday, 12 June 2025 at 02:14 AM 123m3m

OBAGADAFFI:
Notification of Suspension of Nine (9) Listed Companies

Trading License Holders and the investing public are hereby notified that pursuant to Rule 3.1, Rules for Filing of s and Treatment of Default Filing, (Default Filing Rules), which provides that: ?If an Issuer fails to file the relevant s by the expiration of the Cure Period ,

The Exchange will:
a) Send to the Issuer a Second Filing Deficiency Notification? within two (2) business days after the end of the Cure Period;
b) Suspend trading in the Issuer's securities; and
c) Notify the Securities and Exchange Commission (SEC) and the Market within twenty- four (24) hours of the suspension?,

Trading in the shares of the nine (9) companies below has been suspended from the facilities of Nigerian Exchange Limited (NGX) effective today, Friday, 1 July 2022 having failed to file their Audited Financial Statements for the year ended 31 December 2021.

1. African Alliance Insurance Plc
2. Niger Insurance Plc
3. Royal Exchange Plc
4. Ekocorp Plc
5. C&I Leasing Plc
6. Mutual Benefits Assurance Plc
7. Coronation Insurance Plc
8. Premier Paints Plc
9. Ardova Plc

In accordance with the Default Filing Rules set forth above, the suspension of trading in the shares of the above-mentioned companies will only be lifted upon the submission of the relevant s, provided NGX Regulation Limited (NGX RegCo) is satisfied that the s comply with all applicable rules of NGX.

it is just funny that insurance companies are struggling among themselves to make it to this list. Insurance!

What is with Ardova?

I didnot receive mine yet

OBAGADAFFI:
Nestle dividend don land o

CSCS , please, customer care line has finished my 500 naira recharge card, with out response.
Since Wednesday I paid for individual renewal, sent email , no response

eziokwunwoko:
CSCS , please, customer care line has finished my 500 naira recharge card, with out response.
Since Wednesday I paid for individual renewal, sent email , no response

They don't pick their call.
Keep sending them emails they will eventually reply back.

eziokwunwoko:
CSCS , please, customer care line has finished my 500 naira recharge card, with out response.
Since Wednesday I paid for individual renewal, sent email , no response

@cscs.ng or [email protected]

Diyke4rich:

I didnot receive mine yet

You can email them

OBAGADAFFI:
Notification of Suspension of Nine (9) Listed Companies

Trading License Holders and the investing public are hereby notified that pursuant to Rule 3.1, Rules for Filing of s and Treatment of Default Filing, (Default Filing Rules), which provides that: ?If an Issuer fails to file the relevant s by the expiration of the Cure Period ,

The Exchange will:
a) Send to the Issuer a Second Filing Deficiency Notification? within two (2) business days after the end of the Cure Period;
b) Suspend trading in the Issuer's securities; and
c) Notify the Securities and Exchange Commission (SEC) and the Market within twenty- four (24) hours of the suspension?,

Trading in the shares of the nine (9) companies below has been suspended from the facilities of Nigerian Exchange Limited (NGX) effective today, Friday, 1 July 2022 having failed to file their Audited Financial Statements for the year ended 31 December 2021.

1. African Alliance Insurance Plc
2. Niger Insurance Plc
3. Royal Exchange Plc
4. Ekocorp Plc
5. C&I Leasing Plc
6. Mutual Benefits Assurance Plc
7. Coronation Insurance Plc
8. Premier Paints Plc
9. Ardova Plc

In accordance with the Default Filing Rules set forth above, the suspension of trading in the shares of the above-mentioned companies will only be lifted upon the submission of the relevant s, provided NGX Regulation Limited (NGX RegCo) is satisfied that the s comply with all applicable rules of NGX.

Some of us just dodged a bullet
Good riddance to bad rubbish
Sell in MAY and go away
Una no gree
Now something fishy is going on

PETERiCHY:



Some of us just dodged a bullet
Good riddance to bad rubbish
Sell in MAY and go away
Una no gree
Now something fishy is going on

What company are you referring to?

Wapgod:

What company are you referring to?

Its ADO-EKITI OIL that we purchased @#12.60 and disposed @#15

Marketapprentic:


Why not use this opportunity to mop up the 150milloin units on full over now before another person beat you to the game

Savage like Tiwa!

NSE is just a graveyard! A reflection of the bad state of Nigerian economy and slopiness of SEC. No new listing, deficient FPI, poor corporate governance, extreme manipulation, low retail participation, weak liquidity, lack of innovation, amongst others. #sigh

Coolcash1:
NSE is just a graveyard! A reflection of the bad state of Nigerian economy and slopiness of SEC. No new listing, deficient FPI, poor corporate governance, extreme manipulation, low retail participation, weak liquidity, lack of innovation, amongst others. #sigh

I got u bro ..the coolest bro with the coolest cash ..For now make i just dey collect dey from fugaz ..The ones wey get all these characteristics ..Most growth stocks beaten down badly , most dividend stocks cut into halves , some reverse split ,some don almost wipe out [russell 2000 small cap stocks almost to nothin ..Make i no even add cypto am
For now i think this one still dey manageable , hopefully things go better b4 or after election

CORPORATE ACTIONS
CUTIX:
Final Dividend: 0.10k
Qualification Date: 19th August, 2022
Payment Date: 31st August, 2022
https://doclib.ngxgroup.com/Financial_NewsDocs/36296_CUTIX_PLC%20CORPORATE_ACTION_ANNOUNCEMENT_CORPORATE_ACT.pdf

UPL
Dividend: 0.10k
Qualification Date: 31st August, 2022
Payment Date: 29th September, 2022
https://doclib.ngxgroup.com/Financial_NewsDocs/36290_UNIVERSITY_PRESS_PLC%20CORPORATE_ACTIONS_CORPORATE_ACTI.pdf

DIVIDENDS & QUALIFICATION DATES IN JULY 2022
1. MRS: BONUS 1:8................... 1/7/22
2. SMART PRODUCT: 0.10k...... 7/7/22
3. BUACEM: N2.60k................... 8/7/22
4. FIDSON: 0.50k........................ 8/7/22
5. PRESCO: N6.60k..................... 8/7/22
6. CORNERSTONE: 0.05k......... 12/7/22
7. BUAFOODS: N3.50k............. 13/7/22
8. NAHCO: 0.41k + 1:5 Bonus.. 15/7/22

* F.U.G.A.Z Board meeting schedule for 2nd quarter:
UBA: 14th July
ZENITH/FBNH/ACCESS: 28 July
GTCO: 30th July

yMcy56:
DIVIDENDS & QUALIFICATION DATES IN JULY 2022
1. MRS: BONUS 1:8................... 1/7/22
2. SMART PRODUCT: 0.10k...... 7/7/22
3. BUACEM: N2.60k................... 8/7/22
4. FIDSON: 0.50k........................ 8/7/22
5. PRESCO: N6.60k..................... 8/7/22
6. CORNERSTONE: 0.05k......... 12/7/22
7. BUAFOODS: N3.50k............. 13/7/22
8. NAHCO: 0.41k + 1:5 Bonus.. 15/7/22

* F.U.G.A.Z Board meeting schedule for 2nd quarter:
UBA: 14th July
ZENITH/FBNH/ACCESS: 28 July
GTCO: 30th July

Thanks for the info mcy56

Please house I need your take on this a sales was carried out Tuesday and am yet to get credit alert from cscs

yMcy56:
DIVIDENDS & QUALIFICATION DATES IN JULY 2022
1. MRS: BONUS 1:8................... 1/7/22
2. SMART PRODUCT: 0.10k...... 7/7/22
3. BUACEM: N2.60k................... 8/7/22
4. FIDSON: 0.50k........................ 8/7/22
5. PRESCO: N6.60k..................... 8/7/22
6. CORNERSTONE: 0.05k......... 12/7/22
7. BUAFOODS: N3.50k............. 13/7/22
8. NAHCO: 0.41k + 1:5 Bonus.. 15/7/22

* F.U.G.A.Z Board meeting schedule for 2nd quarter:
UBA: 14th July
ZENITH/FBNH/ACCESS: 28 July
GTCO: 30th July

Thanks for this.

Please has Presco been marked down yet?

kino47:
Please house I need your take on this a sales was carried out Tuesday and am yet to get credit alert from cscs

Do you mean sms message "X-ALERT from cscs

4tunebest:


Thanks for this.

Please has Presco been marked down yet?

I second this question

Coolcash1:
NSE is just a graveyard! A reflection of the bad state of Nigerian economy and slopiness of SEC. No new listing, deficient FPI, poor corporate governance, extreme manipulation, low retail participation, weak liquidity, lack of innovation, amongst others. #sigh

SEC is part of the problem especially in respect of low retail participation.

The stress one goes through to collect dividends is very disheartening and designed to frustrate small stock holders.
Meanwhile, if you buy American stocks, it’s only your broker that you know and your broker also sends you dividends. You have no business with registrars and their useless requirements.

Why can't we put in place a system whereby immediately you buy a stock, your broker would provide the relevant registrar with the same KYC documents you provide it while opening an , for the registrar to process your dividend promptly as and when due?

Why do SEC, CSCS and relevant continue to keep quite,
and fold their hands on this dividend issue while they continue to publish list of unclaimed dividends running to billions?
Why do Africans continue to sink in the abyss of mental and physical laziness, ineptitude, lack of vision and innovation !?
Our political leaders are just a reflection of the larger society. A bundle of fatty-pot-bellied and fat-headed morons.
You write the registrars, no response, you call them on phone, no response. If the finally respond, they ask you to scan and send documents on your life history!!!
Can we form an associate of stock investors and launch complaints to all the relevant "fanthom" authorities? The force of our cooperative efforts, should be able to move these gluttonous zombies.

stockbull:
Nigerian stock exchange market alert,
Daily market report,capitalization,index,cscs,today report.
If you are investor in the Nigeria stock exchange market and you are active investor , follow this thread as I will be posting stocks that would make significant gains and the time limit based on my perspective.
You want to alert your friends,share and bookmark this topic,copy the link below

https://coindecimal.com/stock-market/

please read my disclaimer that's effective on any stock pick recommendation you get here
DISCLAIMER
YOU SHOULD CONSULT YOUR TRUSTED INVESTING COUNSELLOR OR YOUR BROKER BEFORE YOU INVEST IN MY RECOMMENDED STOCKS AS YOU KNOW STOCKS RESPOND TO NEWS AND NO ONE CAN PREDICT WHAT WILL HAPPEN TO ANY STOCK IN THE NEXT DAY AND THE FUTURE DECISION OF ANY COMPANY 'S MANAGEMENT

Toluway:
Why can't we put in place a system whereby immediately you buy a stock, your broker would provide the relevant registrar with the same KYC documents you provide it while opening an , for the registrar to process your dividend promptly as and when due?

Why do SEC, CSCS and relevant continue to keep quite,
and fold their hands on this dividend issue while they continue to publish list of unclaimed dividends running to billions?
Why do Africans continue to sink in the abyss of mental and physical laziness, ineptitude, lack of vision and innovation !?
Our political leaders are just a reflection of the larger society. A bundle of fatty-pot-bellied and fat-headed morons.
You write the registrars, no response, you call them on phone, no response. If the finally respond, they ask you to scan and send documents on your life history!!!
Can we form an associate of stock investors and launch complaints to all the relevant "fanthom" authorities? The force of our cooperative efforts, should be able to move these gluttonous zombies.

Well said my brother but you know how things are in this Country. The only thing a lot of the people who act like Dinosaurs know is the word "Aggressive Change". I think we should set up a Cooperative that will assist people by getting necessary Court Orders to force the Registrars and the Stockbrokers to do their jobs and make the Capital Market transactions easier for people.

I have been chasing a plethora of outstanding dividends for some time and a particular Registrar told me they would only accept a signed Share Transfer Form instead of a Banker's s Confirmation of Signature Letter ("BoCL". I requested to see their Head of Operations and asked for an explanation on why a BoCL was not acceptable. I had to explain to her that a BoCLwas moresecure.and noteworthy than the signed STF they were requesting because it requires physical presence, pictures, signatures which are verified at the bank as well as a Bank with details similar to what the Registrars have in their records.

The Registrars agreed to accept the BoCL after my dogged explanation but they called several weeks later to tell me the signature was irregular. The signature wey I sign on the BoCL is the one I dey use withdraw money from the o! I went to the Bank to resolve it and the Bank showed me that they confirmed the document to them.

We still dey on the matter o! It was when I threatened them to take them to an Arbitration or Court that they started behaving like they were concerned about resolving it. I know say na format.

Abeg where can I find return on equity figures on companies listed on NGX and NASD OTC Exchanges?

Wapgod:
Abeg where can I find return on equity figures on companies listed on NGX and NASD OTC Exchanges?

You should be able to calculate, using the data in the annual report

I need a finance company licence, it takes time to get granted by the CBN, anyone knows who is willing to sell theirs, let's talk ASAP.

This week on the podcast, we chat with Mr Segun Aremu of United Capital Trustees about Estate planning and why everyone should give serious thought to it.

We talk through Wills, Trusts, their upsides/ downsides and discuss real life examples of the good, bad and ugly of estate planning.

Thanks for listening.

https://anchor.fm/value-nigeria/episodes/66--Estate-planning-A-chat-with-Mr-Segun-Aremu-e1korea

I am having the same issues with my Zenith Bank PLC shares since 2019 all the same story can anybody help me with what to do

ololufemi:


Well said my brother but you know how things are in this Country. The only thing a lot of the people who act like Dinosaurs know is the word "Aggressive Change". I think we should set up a Cooperative that will assist people by getting necessary Court Orders to force the Registrars and the Stockbrokers to do their jobs and make the Capital Market transactions easier for people.

I have been chasing a plethora of outstanding dividends for some time and a particular Registrar told me they would only accept a signed Share Transfer Form instead of a Banker's s Confirmation of Signature Letter ("BoCL". I requested to see their Head of Operations and asked for an explanation on why a BoCL was not acceptable. I had to explain to her that a BoCLwas moresecure.and noteworthy than the signed STF they were requesting because it requires physical presence, pictures, signatures which are verified at the bank as well as a Bank with details similar to what the Registrars have in their records.

The Registrars agreed to accept the BoCL after my dogged explanation but they called several weeks later to tell me the signature was irregular. The signature wey I sign on the BoCL is the one I dey use withdraw money from the o! I went to the Bank to resolve it and the Bank showed me that they confirmed the document to them.

We still dey on the matter o! It was when I threatened them to take them to an Arbitration or Court that they started behaving like they were concerned about resolving it. I know say na format.

Toluway:
Why can't we put in place a system whereby immediately you buy a stock, your broker would provide the relevant registrar with the same KYC documents you provide it while opening an , for the registrar to process your dividend promptly as and when due?

Why do SEC, CSCS and relevant continue to keep quite,
and fold their hands on this dividend issue while they continue to publish list of unclaimed dividends running to billions?
Why do Africans continue to sink in the abyss of mental and physical laziness, ineptitude, lack of vision and innovation !?
Our political leaders are just a reflection of the larger society. A bundle of fatty-pot-bellied and fat-headed morons.
You write the registrars, no response, you call them on phone, no response. If the finally respond, they ask you to scan and send documents on your life history!!!
Can we form an associate of stock investors and launch complaints to all the relevant "fanthom" authorities? The force of our cooperative efforts, should be able to move these gluttonous zombies.

trust me those gluttonous zombies know how break any efforts put together

4tunebest:
Thanks for this.
Please has Presco been marked down yet?

No.
Presco was among the listed company in my qouted post.
Once you see the qualification date for any stock, the markdown can only come the next trading day after then.
In the case of PRESCO, the qualification date is Friday 8th July, 2022........Markdown will be Monday 11th July if there's no Salah holiday, if there is, then it will be next trading day.

2cato:
I am having the same issues with my Zenith Bank PLC shares since 2019 all the same story can anybody help me with what to do

* Simply fill E-Dividend Form for the particular Registrar.....
* Scan and send to the registrar......
* Request for a "Share Transfer Form" from your broker....
* Fill for each stock you have with the Registrar and scan clear copy back to your broker (ask for which section/column to fill) and ensure to do follow up with the broker......
** Once broker confirms ing, then keep following up with the Registrar, don't wait and expect automatic anything.
*** After everything is sorted, ensure you don't sell all units you have at any particular time***

BTW, there's now a CSCS window whereby clients info can be gotten by these registrars, once you already submit E-Dividend for one.
The Registrars are coming up gradually, and with time they'll get there.
* There are instances where you don't fill E-Div for some Registrars and you'll still get your Dividend.......Cardinal Stone for instance. So let's blv they'll get there some day.

** Also find out if the Registrar has Online Dividend registration portal. Fill and submit the form on their website. AFRIPRUD, and Cardinal Stone Registrar have.