By IHEANYI NWACHUKWU …First Bank, Access, GTB, Intercontinental, Fidelity top list The Securities and Exchange Commission (SEC) has disclosed that at December 2010, the unclaimed dividend figure from quoted companies was N33.92 billion (N33, 929,435,751.27). SEC also says five companies – mainly banks – have the highest figures of unclaimed dividend. […]

By GODFREY OBIOMA The possibility of trading bonds on the floor of the Nigerian Stock Exchange formed the subject of discussion between the self -regulatory organization and the Financial Market Dealers Association. BusinessDay learnt that NSE claim that the fixed income securities can be traded on its platform called for facility […]

By Yemi Kolapo The Asset Management Corporation of Nigeria has bought about N1tn non-performing loans of 22 rescued and non-rescued banks in the second phase of its rescue programme in the banking sector. The Managing Director, AMCON, Mr. Mustafa Chike-Obi, disclosed this in an exclusive interview with our correspondent on […]