SEC launches nationwide drive to recover unclaimed dividends
By Obas Esiedesa, Abuja The Securities and Exchange Commission (SEC) has launched a nationwide awareness campaign to assist 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.
The initiative, unveiled on Thursday in Abuja through the Probate/Unclaimed Monies Awareness and Investor Clinic, is designed to educate investors, beneficiaries and executors on probate procedures, estate administration and the processes required to access inherited financial assets.
The SEC boss described unclaimed dividends and dormant assets as a major concern for the capital market, stressing that such funds belong to individuals and families who should be benefiting from them.
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