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Tag "unclaimed dividends"

Banks’ unclaimed dividends hit N79bn — up by 8% in six months

    Banks’ unclaimed dividends hit N79bn — up by 8% in six months

The unclaimed dividends in the banking sector hit N79.57 billion in the period ending June 2023, rising by N7.13 billion within the first six months of the year. The value

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SEC: Unclaimed dividends surged 7% to N170bn in 2020

    SEC: Unclaimed dividends surged 7% to N170bn in 2020

The Securities and Exchange Commission (SEC) says the total unclaimed dividend in the Nigerian capital market increased by 7.3 percent from N158.44 billion at the end of 2019 to N170

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Court restrains FG from borrowing unclaimed dividends

    Court restrains FG from borrowing unclaimed dividends

A federal high court sitting in Abeokuta, Ogun state, has issued an interim order restraining the federal government from borrowing unclaimed dividends of shareholders in the Nigerian capital market. The

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FG to borrow dormant account balances, unclaimed dividends

  FG to borrow dormant account balances, unclaimed dividends

Unclaimed dividends and bank account balances unattended to for at least six years will be available as special credit to

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