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SEC Backs Unclaimed Dividends Trust Fund

SEC Backs Unclaimed Dividends Trust Fund The Securities and Exchange Commission has stated that it is not against the proposal by the Federal Government to set up unclaimed dividends and balances trust fund. This was disclosed by the Head, Securities and Investments Services (SIS) Department, SEC...

Fed Govt Seeks To Manage N150bn Unclaimed Dividends

Fed Govt Seeks To Manage N150bn Unclaimed Dividends         The federal government is proposing to take over the management of over N150 billion unclaimed dividends and unutilised bank balances. The proposal is contained in the 2020 Finance Bill, currently being considered by the National Assembly. Speaking at a...