Unclaimed dividends

Following the signed Finance Act 2020 which provides that the federal government can borrow from the unclaimed dividends and dormant account balances under the Unclaimed Funds Trust Fund,…

Minister of finance, budget and national planning, Zainab Ahmed, in a virtual presentation on the highlights of the 2021 Federal Government budget and Appropriation Act on Tuesday, dampened…

Economy analysts and legal practitioners have insisted that the plans by the Buhari- led government to borrow the unclaimed dividend standing at about N200 billion will erode investor…

The Securities and Exchange Commission (SEC) has stated that about N29billion of unclaimed dividends have been claimed by investors through the introduction of regularisation of multiple…