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Complaints and Investigations

No dividend from Access Bank

I want to complain of the stock I bought at Access Bank. Till today I have not receive any dividend. Please how do I go about it? (Titilope Odupaye)

Investors Forum

Please contact the registrar of Access Bank. The company is United Securities. The contact is United Securities Limited 10, Ojikutu Street, Victoria Island, Lagos. Telephone: 01-2714566 or 01-2714567)

I want to sell part of my shares and GTBank. But I don’t have a CSCS account, and neither I am able to determine the total bonus. Please how can you help?

(Akinola J.A)

Investors Forum

This implies that you still have the shares certificates. You will need to first dematerialise the certificates, meaning put them in electronic form, and deposited in a CSCS account. This may take some time but without doing so, it would be almost impossible to sell the shares.  To achieve this you need the services of a stockbroker. Visit the website of Nigeria Stock Exchange ( ng) for list of registered stockbrokers.

I am yet to get the money invested in Trade Bank IPO

I told you how I bought Trade Bank Shares and it closed down in 2005. Money was refunded to some investors, but mine was not.  Please help me.

Investors Forum

Please send a complaint to

Securities and Exchange Commission (SEC) or and copy If there is no response from SEC after three weeks. Send a reminder to us, and we would take up the matter. The address of SECOND is:  SEC TOWERS, Plot 272, Samuel Adesujo Ademulegun Street, Central Business District P.M.B:315 Garki Abuja


No dividend  from  AP & Benue Cement

I am a shareholder of African Petroleum and Benue Cement  co.  Please how can I receive my dividend through my bank accout. For some years now I have not get any dividend.  (Aterezi O. Isaac)

Investors Forum

Visit the registrars of the companies, and tell them you want to register for electronic dividend. African Petroleum is now Forte Oil and its registrar is Zenith Registrars Limited. The contact is  Plot 89 Ajose Adeogun Street. Victoria Island Extension, Lagos.   Tel: 234-1-2708930-4. E-mail: Also Benue Cement has been acquired by Dangote Cenment. The registrar of the company is  Afribank Registrars Limited. The contact is 2A Gbagada Expressway, Anthony Village, Lagos. P.M.B.12021 Lagos. Phone: +234 1 2691867, 2692094, 7735963; Fax: +234 1 2692019

Complaint against Stock Investment Limited

I gave my share certificate to my stock brokers called Stock Investment Limited for dematerialisation since 2008. He gave me CSCS statement in respect of some of the shares but could not give me in respect of my Guiness Nig Ltd, Nigeria breweries, First Bank and Oando. He pays me dividends from his office in respect of these shares. My problem now is that I want CSCS statements in respect of these shares. He trades on these shares without giving me anything. Please advise me. (Bar G A Ukpebor)

Investors Forum

We could not find any stockbroking firm called Stock Investment Limited. But there  is one called Century Stock Investment Limited.  We hope that is the name of the stockbroking firm otherwise, you might have been relating with a fake stockbroking firm. However, we advise you to visit the Central Securities Clearing System, and search for the account created for you.

This is to ascertain that the broker is even telling the truth. If the search produces negative result, send a formal complaint to Securities and Exchange Commission (SEC). If there is no response from SEC after three weeks, send a reminded and copy vanguardinvestorsforum@gmailcom.  The contact of SEC is SEC TOWERS, Plot 272, Samuel Adesujo Ademulegun Street, Central Business District P.M.B:315 Garki Abuja Email: The contact of CSCS is Central Securities Clearing System Plc, 1st floor Stock Exchnage House 2/4 Customs street Lagos or or 07025768449

Who are the registrars of Avon Crown Caps?

Who are the registrars of Avon Crown Caps & Containers (Nig) plc?   (Barr. Eboh Patrick)

Investors Forum

The registrar is BOI Investment and Trust Company Limited. The contact is 23, Marina PMB 12855 Lagos Tel 01-2715215 Email:

Is First Bank delisted from the stock exchange?

Please is  First Bank shares  delisted from stock  exchange? Since 2010 I placed order  requesting my broker to purchase  First Bank shares  for me ,and she gave reasons  that they have not resume trading and my money is still hanging.  I need advice

Investors Forum

First Bank is still listed on the stock exchange. There is possibility that your broker is playing games with your money. Demand that your money should be refunded and that you would report to the Securities and Exchange Commission (SEC) if the money is not refunded. If the situation persist, send a formal complaint to  SEC TOWERS, Plot 272, Samuel Adesujo Ademulegun Street, Central Business District P.M.B:315 Garki Abuja Email:

I am confused over my investment

I  am confused over my shares and dividends. What do I do ?  I am an ignorant person in that aspect of life.

Investors Forum

What specifically is the issue? Is it that you are not receiving dividend or you have unclaimed dividend? We need specifics to decided the kind of advise we give.

Irregular signature on Firstbank IPO form

I bought Firstbank shares during its  IPO in 2007 but I made some mistakes in filling-in my names and I cannot remember how I signed on it because I was naive at that time about issue of shares. But my signature is different now. Please help.(Tayo Adetunji)

Investors Forum

Take the share certificate, and other documents showing evidence of payment and purchase, and visit First Registrars at Plot 2 Abebe Village Road, Iganmu Lagos. You may also call   08033018295, 08191410456. Explain your plight to the company, and they would advise you how to correct the mistake.


Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.