SEC Worries About Unclaimed Dividends
Via SEC

SEC Worried Over Accumulated Unclaimed Dividends

The Securities and Exchange Commission (SEC) has expressed concern over the high number of unclaimed dividends in the capital market.

The commission director-general, Mr. Lamido Yuguda, expressed his concern while receiving Prof. Kabiru Bala, vice-chancellor of Ahmadu Bello University, Zaria, in his office in Abuja.

RELATED: South Sudan President Defends Troops Deployment to Deputy’s Home

He urges investors to mandate their accounts for electronic payment to reduce the number of unclaimed dividends.

Yuguda said that sec was currently carrying out some initiatives that would attract younger generations to the capital market.

READ NEXT: Turkish Leader Hosts Ukraine-Russia Talks, Says It Must Yield Results

 

Leave a Reply