Nigeria's SEC plans to issue a recapitalisation framework for banks, focusing on technology to address unclaimed dividends and market challenges.

Nigeria's Securities and Exchange Commission (SEC) plans to issue a recapitalisation framework for banks, as announced by Acting Director General Dr. Emomotimi Agama. The framework aims to resolve pending issues and challenges, with an emphasis on technology to address unclaimed dividends and improve overall market efficiency. SEC will engage with various stakeholders in stakeholder meetings to resolve market concerns.