FG To Amass Unclaimed Dividends, Funds In Dormant Bank Accounts
The federal government may have concluded plans to acquire unclaimed dividends and funds in dormant bank accounts as stipulated by the Banks and Other Financial Institutions (BOFI) Act recently signed into law by President Muhammadu Buhari. The Act reads in part: “Any unclaimed dividend of a public limited liability company quoted on the Nigerian Stock … Read more