SHARES
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NEWS
Sokoto: Commission begins hearing on alleged unaccounted N16.1 bn shares
The Sokoto State Commission of Inquiry commenced hearings on Tuesday regarding the alleged unaccounted N16.1 billion from the state shares sold between 2018 and 2023 by the previous administration. Mr. Amanzi Amanzi, counsel to the commission, briefed newsmen at the end of the session, stating that eight memoranda were deliberated upon during the proceedings. Amanzi said that one of the…
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NEWS
Nigeria’s unclaimed dividends now N158.44billion
The total unclaimed dividend figure in the Nigerian capital market stood at N158.44 billion as of December 2019. Data obtained from the Securities and Exchange Commission (SEC) show that the figure is still on the increase in spite of e-dividend registration introduced by SEC in 2015. Dividend is the distribution of a portion of the company’s earnings, decided and managed…
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