The Securities Exchange Commission (SEC) has disclosed plans to set up special units to address issues of unclaimed dividends in the industry.
Director-general of SEC, Emomotomi Agama, said unclaimed dividends had risen to N215 billion as at March.
Speaking at a news conference held after the capital market committee (CMC) meeting on Thursday, he said the commission is strongly making efforts towards reducing unclaimed dividends.
Agama said the small offices will be established in the commissions’ headquarters and other offices across the nation.
