Silent stocks of the Nigerian Exchange: Five years without dividends

When listed companies go silent on dividends, investors end up holding dead money.
1M | 3M | YTD | 1Y | 2Y |
+5.05% | +26.56% | +37.23% | +46.36% | +115.45% |
Value Traded (Mln NGN) 22,217.45 |
Volume 682,861,882 |
Transactions 28,666 |
Market Cap. (Bln NGN) 89,323.18 |
When listed companies go silent on dividends, investors end up holding dead money.
The Federal Government of Nigeria has moved to strengthen the insurance sector: companies will have 12 months to significantly increase their minimum capital or risk losing their licenses.
FMDQ Group owners of Nigeria’s fixed income securities exchange FMDQ have confirmed plans to launch its equities market placing it in direct competition with the NGX.
Following a record-breaking launch that raised ₦8.79 billion from institutional and retail investors, the Coronation Infrastructure Fund (CIF) is set to be listed on the Nigerian Exchange (NGX).