SEC has come up with a new rule that dividend would be returned to the company to start up a new business outside its original business after one year of release without claim from shareholders. In this interview, shareholders disapprove of such rule. They argue that companies do not release the dividend warrant until after four months and that the dividend warrant would also go through other processes, therefore the directive cannot work unless the Companies and Allied Matters Act is ammended.

On the top 10 performing stocks were the shares of Airline Services and Logistics, ASL Plc, Seplat Petroleum Development Company plc, Cadbury Nig. Plc, Okomu Oil Palm Co. Plc, Cement Company of Northern Nigeria, CCNN Plc and Vitafoam Nig. Plc.

“Money is lost when invested in things you are not familiar with”. This is the fourth basic law of money, according to the Richest Man in Babylon. It is also the reason why many people lose money in investment. It appears simple, but unfortunately, it is often ignored or taken for granted by investors.

On the top 10 performing stocks last week were the shares of R.T Briscoe Plc, Dangote Flour Mills Plc, UACN Property Development Plc, Ikeja Hotels Plc, Champion Breweries Plc and National Salt Company of Nigeria (NASCON) Plc.

It is possible to invest and not lose money. Examples abound of people who invested and did not lose money; hence the fear of losing money is not a justifiable reason for not investing.