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Silent stocks of the NGX: Five years without dividends  

Silent stocks of the NGX: Five years without dividends  

When listed companies go silent on dividends, investors end up holding dead money Forty-five out of the 146 companies listed on the Nigerian Exchange Limited (NGX) have not paid dividends in at least five years. That means roughly one in every...

Milk is a basic need, though a luxury at present but meticulous supply chain can curb price

Milk is a basic need, though a luxury at present but meticulous supply chain can curb price

Background Milk price is exorbitantly higher in Sri Lanka when comparing to the countries of the world. Sri Lanka shows the highest price gap for milk with the farm gate price and the retail price, as of now the farm gate price of a litre of milk...

Ghana: The Victors and the Spoils

Ghana: The Victors and the Spoils

On December 7, 2024, the day Ghanaians went to the polls, a video of a voter went viral. A stocky elderly man in an oversize white tunic stands in front of a voting booth with the sun glistening on his bald head as he hectors his ballot. “Eight...

Looking back, looking ahead: Ogbuku and the fierce urgency of developing the Niger Delta now, By Ogaga Ifowodo

Looking back, looking ahead: Ogbuku and the fierce urgency of developing the Niger Delta now, By Ogaga Ifowodo

Managing Director of the Niger Delta Development Commission (NDDC), Samuel Ogbuku It goes without saying that Dr Samuel Ogbuku is a son of the soil and waters of the Niger Delta. And not just because he was born in the old Rivers State, now rivers...

Looking back, looking ahead: Ogbuku and the fierce urgency of developing the Niger Delta now

Looking back, looking ahead: Ogbuku and the fierce urgency of developing the Niger Delta now

It goes without saying that Dr Samuel Ogbuku is a son of the soil and waters of the Niger Delta. And not just because he was born in the old Rivers State, now rivers and Bayelsa, but because he lives and breathes the air — I’m tempted to say...

Why Many Nigerian Stocks Have Gone Silent on Dividends for Years

Why Many Nigerian Stocks Have Gone Silent on Dividends for Years

Dividend payments for many Nigerian retail investors are the most obvious advantage of owning stocks. Still, many listed companies on the Nigerian Exchange (NGX) have left investors waiting uselessly. According to a recent study, around 45 of the...

'Now is the time': Sporting Jax president eyes ambitious targets for soccer club

'Now is the time': Sporting Jax president eyes ambitious targets for soccer club

Sporting Club Jacksonville launched its women's soccer team in the Gainbridge Super League. Sporting Jax is also developing a men's soccer team that aims to join a new Division I league planned by USL. A key challenge remains finding a suitable...

DNDi receives global award for developing new treatments for NTDs

DNDi receives global award for developing new treatments for NTDs

The Drugs for Neglected Diseases initiative (DNDi) has been awarded Japan’s prestigious Hideyo Noguchi Africa Prize for its role in delivering new treatments for neglected diseases in Africa, particularly sleeping sickness. Co-founded by the Kenya...

DEME delivers another strong performance

DEME delivers another strong performance

DEME Group today announced its half-year 2025 results, delivering strong performance across key business areas. Photo courtesy of DEME The company’s Dredging & Infra sector continued working on global capital dredging, maintenance, and major...

Hoops for Harmony: Women’s AfroBasket 2025 Champions Peace in Abidjan

Hoops for Harmony: Women’s AfroBasket 2025 Champions Peace in Abidjan

ABIDJAN (Côte d'Ivoire) – As the top women’s basketball players of Africa converged for the FIBA Women’s AfroBasket 2025, there was more than just a winner’s crown at stake. The event was also a platform to promote peace. Thanks to FIBA...

Liberia: New Report Recommends Holistic Approach to Drug Crisis; Calls for Joint Taskforce Against Drug Trafficking In The Mano River Area

Liberia: New Report Recommends Holistic Approach to Drug Crisis; Calls for Joint Taskforce Against Drug Trafficking In The Mano River Area

A new EU-backed report warns Liberia faces a drug use “apocalypse” that needs a holistic approach to combat Researchers say the growing number of users – now one in five Liberian young people – is driven by unemployment, broken families, and...

Token feminism has reduced gender equality to a funding checkbox

Token feminism has reduced gender equality to a funding checkbox

WOMEN in Pakistan constitute 48.5 per cent of the population but face systemic disadvantages in education, healthcare and economic participation. To realise the country’s full potential, increa­sing women’s economic participation is critical....

Goldstar Air To Promote Agro Tourism In Ghana

Unique private international airline Goldstar Air, Ghanaian and United States–registered company with an issued Air Carrier Licence (ACL/N-SCH No. 0239) from the Ghana Civil Aviation Authority (GCAA) to operate passenger and cargo flights across...

War risk insurance: Nigeria’s hidden maritime surcharge

War risk insurance: Nigeria’s hidden maritime surcharge

BY MUNTASIR ADAMU KANAM If you ever wondered why the prices of cars, electronics, or even medicines seem to carry an invisible weight in Nigeria, you may want to take a trip – not to the markets in Lagos or Onitsha – but to the high seas. Out...

6 PSU stocks offer dividend yields of up to 5-7%; should you buy?

6 PSU stocks offer dividend yields of up to 5-7%; should you buy?

Coal India, Oil And Natural Gas Corporation Ltd (ONGC), National Aluminium Co Ltd (Nalco), REC Ltd (REC) and Power Finance Corporation Ltd (PFC) are among six PSU stocks offering healthy dividend yields of 5-7 per cent. Coal India and NMDC...

A Warrior’s Roost: Veteran Raises Ostriches, Tends a Menagerie of Animals at His Ranch

A Warrior’s Roost: Veteran Raises Ostriches, Tends a Menagerie of Animals at His Ranch

The ostriches on this recent Wednesday morning are being standoffish. They’re hanging out near the back of their pen with no apparent desire to meet some visitors. Linda the emu is being much more social, wandering about and getting close — but...

Asylum policy and Farage’s deportation pledge

Asylum policy and Farage’s deportation pledge

Sir, The establishment of a commission of “independent adjudicators” to decide asylum appeals (report, Aug 24) has panic written all over it. The government has at last realised the folly of having first tier judges whose requirement is but five...

Meet the four friends who have completed 80,000 rounds at Oxford Golf Club

Meet the four friends who have completed 80,000 rounds at Oxford Golf Club

John White, Ron Creese, Chris Digweed, and Dave Jones have been members at the Cowley club for a combined total of 237 years. During their estimated 80,580 rounds, they have collectively covered around 288,553 miles, equivalent to circumnavigating...

Nigerian Exchange Limited Investors Trade N107.426 Billion in Shares Amid Market Decline, Financial Sector Dominates Activity

Nigerian Exchange Limited Investors Trade N107.426 Billion in Shares Amid Market Decline, Financial Sector Dominates Activity

LAGOS, Nigeria – August 25, 2025 – Investors on the Nigerian Exchange Limited (NGX) traded a total of 4.773 billion shares valued at N107.426 billion across 152,965 deals during the week ending August 22, 2025, according to the exchange’s weekly...

The pivot the market had been waiting for

The pivot the market had been waiting for

Good things come to those who wait: that was the lesson for markets last week. After days of anticipation leading up to Jerome Powell's speech at Jackson Hole, investors were rewarded: the Federal Reserve Chair threw the door wide open to a...

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