SEC commences nationwide campaign to recover unclaimed dividends
By Peter Egwuatu The Securities and Exchange Commission (SEC) has commenced a nationwide enlightenment campaign to help Nigerians recover unclaimed dividends and other monies arising from capital market transactions. The campaign, which began with a town hall meeting in Lagos yesterday, is aimed at sensitising investors on the existence of unclaimed monies, the role of the […]
Investor Protection Fund: Board to approve N400,000 per claim
The Nigerian Stock Exchange (NSE) has disclosed that the Board of Trustee for the Investor Protection Fund, IPF would meet to approve the recommended maximum N400,000 per claim for investors who had applied for compensation .
Group petitions Presidency over plans to sack 10,000 dockworkers
A group of dock workers, under the Delta state branch of the Maritime Workers Union of Nigeria, MWUN has sent a petition to President Goodluck Jonathan over alleged plans by the Nigeria Ports Authority, NPA to sack more than 10,000 Nigerian dockworkers.
Insurers accuse LASG of frustrating insurance monitoring
The Nigerian Insurers Association, NIA, has accused the Lagos State Government of frustrating its efforts to distribute the Nigerian Insurance Industry Database, NIID, device to law enforcement agents in the state.
Niger govt, IFAD collaborate to develop cassava, rice value chain
THE Niger Government on Thursday said it was collaborating with the International Fund for Agriculture Development (IFAD) to develop cassava and rice value chain in the state.
$1trn market capitalisation target unattainable—NSE boss
The Nigerian Stock Exchange, NSE yesterday said that its target of reaching $1 trillion capitalisation by 2016 is no longer attainable. Chief Executive Officer, NSE, Mr. Oscar Onyema , disclosed this while briefing news men in Lagos on “2014 market recap and outlook for 2015”.
