Shareholders Disagree With SEC Over N170bn Unclaimed Dividend
Shareholders of quoted companies in the country have disagreed with Securities and Exchange Commission (SEC) on the use of the reported N170billion unclaimed dividend in the Nigerian capital market.
They expressed shock on N170billion reported by the Commission,...
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...
Unclaimed Dividend Rises By 32% To N158.4bn
Despite the introduction of electronic dividend payment system, e- dividend, in the Nigerian capital market the total value of unclaimed dividend has risen sharply to N158.4 billion at the end of 2019, representing an increase of 32 percent...
Unclaimed Dividend: 2.7m Investors Sign-up For E-dividend
The Securities and Exchange Commission says a total of 2.7 million investors have been captured under the Electronic Dividend Mandate Management System.
The acting Director-General, SEC, Ms Mary Uduk, while speaking at the press briefing after the second quarter...
