Unclaimed Dividends Archives — City Business News

September 2, 2023 No Responses

Unclaimed Dividends: NGX Seeks More Awareness, Financial Literacy

Nigerian Exchange Limited (NGX) has said that a mix of financial literacy and awareness can help to reduce the growing number of unclaimed dividends in the capital market. This is coming after efforts by the Securities and Exchange Commission (SEC) to tackle...

December 8, 2021 No Responses

How To Tackle Unclaimed Dividends Through Identity Management, By SEC DG

The Securities and Exchange Commission (SEC) has disclosed that the Commission is engaging relevant stakeholders in a bid to resolve issues of identity management which will assist in solving the rising unclaimed dividends in the capital market as well as...

August 14, 2021 No Responses

Unclaimed Dividends Hit N170b

The Securities and Exchange Commission (SEC) on Friday said the total unclaimed dividends in the Nigerian capital market stood at N170 billion as of December 2020. The Director-General, SEC, Mr Lamido Yuguda, said this at the second post-Capital Market C...

November 20, 2020 No Responses

Unclaimed Dividend: ICSAN Urges Review Of Finance Bill

The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) has called for review of Section 39 of the Finance Bill 2021 over its provision for take-over of unclaimed dividends of public listed companies. ICSAN President, Bode Ayeku made the.....

July 13, 2020 No Responses

Nigeria’s Unclaimed Dividends Hit N158.44b

The total unclaimed dividend figure in the Nigerian capital market stood at N158.44 billion as of December 2019, the News Agency of Nigeria (NAN) reports. Data obtained exclusively by NAN from the Securities and Exchange Commission (SEC) show that the...