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...

House Decries N200bn Unclaimed Dividends         The House of Representatives has expressed concerns over a projection that unclaimed dividends will hit N200bn or more by the end of 2020. According to the House, this is not a good picture of the state of the capital market and...

States Borrow N900bn From Capital Market         The Securities and Exchange Commission (SEC), has disclosed that state governments in Nigeria have borrowed not less than N900 billion from the capital market since 1978. The Director General, SEC, Mr Lamido Yuguda, disclosure this at a webinar organised by...

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...

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...

SEC's Head of Corporate Communication Buries Father. The Head of Corporate Communications of the Securities and Exchange Commission(SEC) Mrs Efe Ebelo just concluded the burial rites of her late Father, Bishop Diamond Emuobor. Bishop Diamond Emuobor, a popular cleric, was Founder of Trinity Gospel Mission, Warri...