Category: Capital Market

Capital Market

ISAN: Unclaimed dividend trust fund will encourage corruption, nepotism – Punch

Unclaimed dividend trust fund will encourage corruption, nepotism. Shareholders have said that the creation of unclaimed Dividend Trust Fund and transfer of the unclaimed dividends into the Federation Account will encourage corruption and nepotism to the detriment of the shareholders/beneficiaries of returns on investments. The shareholders under the aegis of Independent Shareholders Association of Nigeria […]

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Capital Market

IST Restrains Unregistered Fintech Company From Stock Trading-SEC

IST Restrains Unregistered Fintech Company From Stock Trading The Investments and Securities Tribunal, (IST) on Thursday 17th December 2020, made interim Orders restraining a Fintech company, Chaka Technologies Limited, and its promoters from advertising or offering for sale shares, stock or other securities of companies or other entities. The interim Orders, which apply to all […]

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