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SEC To Re-Build E-Dividend Platform To Reduce Unclaimed Dividends
The Securities and Exchange Commission (SEC) Nigeria on Thursday announced that it had initiated moves to rebuild the E-Dividend Management Mandate System (e-DMMS) platform as a strategic step towards reducing unclaimed dividends in the nation’s capital market. The commission’s Director-General, Mr. Lamido Yuguda, who gave this hint in Abuja, said that the initiative was informed by the […]
Nigeria Seeks Joint Sub-Regional Protection of Undersea Cables
Following recent undersea cable cuts that challenged connectivities in many countries in the West African region, Nigeria has canvassed the need for a coordinated and multilateral approach by the regional authorities to protect shared telecommunications infrastructure, and diversify connectivity to ensure uninterruptible connections. The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr. Aminu […]
NERC Raises Prices Of Electricity Meters Amid Economic Hardships
Despite its promises for improved electricity supply at customer-friendly tariff and cost regime, the Nigerian Electricity Regulatory Commission (NERC) has approval an upward adjustment in the prices of prepaid electricity meters. The regulatory commission, in a circular dated September 5, 2023 and signed by its Chairman, Sanusi Garba, and the Commissioner of Legal, Licensing, and […]