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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...

House Decries N200bn Unclaimed Dividends

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...

SEC Restates Commitment To Reducing N158bn Unclaimed Dividends

SEC Restates Commitment To Reducing N158bn Unclaimed Dividends     The Director-General of the Securities and Exchange Commission (SEC), Mr. Lamido Yuguda, has said the commission is renewing its commitment towards tackling the issue of unclaimed dividends in the nation’s capital market. Speaking at the first post Capital...