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SEC Cautions Quoted Firms On Selective Dividend Payments

The Securities and Exchange Commission (SEC) Nigeria has warned quoted companies and capital market registrars to desist from selective payments and distribution of dividends to investors. Director General of the SEC, Mr. Lamido Yuguda, gave this warning in his keynote address delivered weekend at the Institute of Capital Market Registrars (ICMR) 10th Annual Conference, Investiture of […]

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Unclaimed Dividends Value Hits N170Bn In 2020 – SEC

The Securities and Exchange Commission (SEC) at the weekend disclosed that the total value of unclaimed dividends in the Nigerian capital market increased by 7.3 percent from N158.44 billion at the end of 2019 to N170 billion by December 2020. The commission’s Director General, Mr. Lamido Yuguda, made the disclosure at the second post-capital market […]