Finance Minister, Shareholders Disagree Over N150bn Unclaimed Dividends         The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, yesterday, disagreed with the Independent Shareholders Association of Nigeria over plans by the Federal Government to take over unclaimed dividends worth over N150billion in the country. While...

SEC says N29bn Claimed Via Accounts Harmonization The Securities and Exchange Commission has stated that about N29bn of unclaimed dividends have been claimed by investors through the introduction of harmonization of multiple accounts. The SEC introduced the regularisation of multiple accounts in 2015 where it requests...

Fed Govt Considers Another Tax Exemption For Small Businesses       The exemption of small businesses from the payment of tertiary education tax has been proposed in the draft Finance Bill 2020. This was disclosed by the Fiscal Policy Reforms Committee, established by the Ministry of Finance, Budget...

SEC Extends Deadline To File Quarterly Financials       The Securities and Exchange Commission has extended the deadline for market operators to file quarterly financial statements for the period ended September 30, 2020 to 30-day grace period. The extension became necessary following the disruption of business operations across...

Financial Experts Seek Review Of New CAMA         Some financial experts have called for the amendment of some sections of the new Company and Allied Matters Act as a precondition for the revival of the Nigerian Capital Market. They made the call on Wednesday at the beginning...

Border Closure Boosts Rice Sufficiency, Manufacturing - FG       The Federal Government on Thursday said the closure of Nigeria’s land borders was good for the economy as the country was now close to attaining self sufficiency in rice production. Minister of Finance, Budget and National Planning, Zainab...