By Aluta News March 6, 2024 The House of Representatives Committee on Capital Markets and Institutions has queried operators of the capital market over unclaimed dividends by shareholders. The committee said that it was necessary to ensure a healthy business environment in Nigeria where investors would be safe and couldContinue Reading
By Aluta News Aug 25, 2023 The Securities and Exchange Commission (SEC) says that the unclaimed dividends figure in the nation’s capital market currently stands at N190 billion. Mr Lamido Yuguda, the Director-General of SEC, said this at the second post Capital Market Committee (CMC) media briefing in Abuja onContinue Reading
By Aluta News June 15, 2022 Dangote Sugar Refinery Plc has declared a turnover of N276 billion for the financial year ended Dec. 31, 2021, translating to a 29 per cent increase against the N214 billion recorded in 2020. Its Chairman, Mr Aliko Dangote, said this at the company’s 16thContinue Reading
By Aluta News April 08, 2022 Shareholders of Guaranty Trust Holding Company (GTCO) on Friday unanimously endorsed the payment of a total dividend of N3 per share for the financial year ended Dec. 31, 2021. The shareholders gave the endorsement at the holding company’s 1st Annual General Meeting (AGM) inContinue Reading
By Aluta News Mar. 27, 2022 The Securities and Exchange Commission (SEC) has lamented the high number of unclaimed dividends in the capital market. A statement by the Commission in Abuja on Sunday, said Mr Lamido Yuguda, the Director-General of SEC, expressed the regret when Prof. Kabiru Bala, Vice-Chancellor of AhmaduContinue Reading
By Aluta News Oct. 22, 2021 The Nigeria Deposit Insurance Corporation (NDIC) is currently settling the liquidation dividends of depositors of banks whose licenses were revoked by the Central Bank of Nigeria (CBN). The Managing Director of the Corporation, Mr Bello Hassan, said this in an interview on the sidelinesContinue Reading
