SEC launches campaign to recover unclaimed dividends, inherited assets
By Obas Esiedesa The Securities and Exchange Commission (SEC) has launched a nationwide campaign to help investors and beneficiaries recover unclaimed dividends and inherited investments, as part of efforts to strengthen investor protection and reduce dormant assets in Nigeria’s capital market.
He described unclaimed dividends and dormant assets as a major concern for the capital market, stressing that they represent funds that should be benefiting Nigerian families rather than remaining idle.
The initiative which was unveiled in Abuja through the Probate/Unclaimed Monies Awareness and Investor Clinic, seeks to educate investors, beneficiaries and estate executors on probate procedures, estate administration and the process for accessing inherited financial assets.
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