Unclaimed dividends in the Nigerian capital market stood at N52.2 billion as at December 31, 2011, the Securities and Exchange Commission (SEC) has said at the weekend. SEC made this disclosure while commending the positive move by the House of Representatives to tackle the challenge posed by unclaimed dividends in […]

Contributors to the new pension scheme cannot change their Pension Fund Administrators once they open a Retirement Savings Account because the window of transfer, which should allow such under the 2004 Pension Reform Act, has not been opened. NIKE POPOOLA reports that the National Pension Commission may soon issue a […]

The Securities and Exchange Commission (SEC) has welcomed the decision of the Federal House of Representatives, reached at is plenary session of Wednesday April 18, 2012, to investigate the high volume of unclaimed dividends in quoted companies in the country. The House Committee on Capital Market and Other Financial Institutions […]