Nigeria's SEC promotes e-dividend portal for safer, self-service dividend management.

Nigeria's Securities and Exchange Commission (SEC) has urged investors to utilize the e-dividend portal on their website, emphasizing the process is safe and beneficial. The e-Dividend Mandate Management System (e-DMMS) portal, which was revamped, introduces a self-service interface, allowing investors to mandate their accounts for e-dividends virtually, without visiting a registrar or a bank. These initiatives aim to reduce unclaimed dividends and improve the investor experience in Nigeria's capital market.

August 25, 2024
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