Claim Your Share of N242 Billion in Unclaimed Dividends – Here's How!

An estimated N242 billion in dividends declared since 2004 remains unclaimed in Nigeria’s stock market. These payouts never reached shareholders who moved houses or changed contacts without updating records. Under the Finance Act 2020, dividends older than six years should go to the Unclaimed Funds Trust Fund. That fund is not fully set up yet. For now, the SEC still allows companies and registrars to pay valid claimants directly. But this window will close soon. How to claim your funds: • Visit the SEC unclaimed dividend portal. • Search by your name and relatives’ names, using all spelling variations. • Note the registrar if you find a listing and submit your valid ID. • Get a CSCS number and link your bank account via NIBSS e-dividend mandate. The search is free and takes only minutes. Many have recovered forgotten payouts in days. Tag someone whose family invested during the 2004–2008 boom so they don’t miss out.

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