SEC directs companies to pay dividends older than 12 years, clarifies Finance Act 2020 provisions
The Securities and Exchange Commission (SEC) has issued a directive instructing all public companies and Registrars to stop treating dividends ...
Tag: Unclaimed Dividends
Geregu Power declares final dividend of N8.50, reveals payment date
Geregu Power Plc has announced a final dividend of N8.50 per ordinary share for the period ending December 31, 2024, ...
Digital capital market will drive $1 trillion economy target, resolve unclaimed dividends in Nigeria7- SEC
The Securities and Exchange Commission (SEC) has said that the digitisation of the capital market will be instrumental in establishing ...
Practical steps to tackling perennial problem of unclaimed dividends in Nigeria
Over a decade ago, Nigeria’s total unclaimed dividends reportedly stood at N60bn.
Nigeria’s SEC to sanction stakeholders frustrating efforts to reduce N180 billion unclaimed dividends
The SEC says it will sanction stakeholders whose actions are frustrating its efforts toward reducing the volume of unclaimed dividends.
Nigeria’s unclaimed dividends rises to N180 billion
The DG of the SEC has stated that the Commission is working to ensure the level of unclaimed dividends gets ...
Rising unclaimed dividends; a tale of idle investors’ funds
Based on news reports, the Director-General of the Securities and Exchange Commission (SEC), Mr Lamido Yuguda, expressed dissatisfaction with the ...
Tackling the menace of unclaimed dividends with compulsory reinvestment strategy
Very recently, the Director-General of the Security and Exchange Commission, (SEC), Mr Lamido Yuguda, hinted that the value of unclaimed ...
Unclaimed dividends rise to N170 billion – SEC
The Securities and Exchange Commission (SEC) revealed that unclaimed dividends in the Nigerian Capital Markets rose to N170 billion as ...
Court stops FG from taking over N200 billion unclaimed dividends
A Federal High Court sitting in Abeokuta has granted an interim order restraining the federal government from having access to ...
