SEC commences nationwide campaign to recover unclaimed dividends

Nigeria's Securities and Exchange Commission (SEC) has initiated a significant nationwide campaign aimed at reuniting investors with their unclaimed dividends and other funds tied to capital market transactions. The drive commenced with a town hall meeting in Lagos, signaling a concerted effort to address the issue of dormant assets within the country's financial system.

The SEC's objective is to broadly sensitize the investing public about the existence of these unclaimed monies. The campaign will educate investors on the processes and the commission's role in facilitating the recovery of these funds. This initiative is crucial for restoring confidence among investors and ensuring that capital within the market is actively circulating and accessible to its rightful owners.

By engaging directly with citizens through town hall meetings and broader awareness efforts, the SEC intends to demystify the recovery process. This proactive approach underscores the commission's commitment to investor protection and market integrity. The campaign is expected to encourage more Nigerians to engage with the capital market, knowing that mechanisms are in place to help them reclaim their financial entitlements.