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  #33741 (permalink)  
Old 28th July 2015, 04:57 PM
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Default Re: MarketWatch

MTD loss stands at 8.49% as SELL-OFFs depress stocks further - Proshare
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  #33742 (permalink)  
Old 28th July 2015, 10:40 PM
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Default Re: MarketWatch

There was this news flash yesterday on channels about SEC, CBN and NIBSS agreement on E-Dividend.

Any details on this please?
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  #33743 (permalink)  
Old 29th July 2015, 04:47 AM
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Default Re: MarketWatch

11 Companies May Make NSE's $1 Billion Premium Board, Articles | THISDAY LIVE
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  #33744 (permalink)  
Old 29th July 2015, 09:09 AM
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Default Re: MarketWatch

Quote:
Originally Posted by MissedOpportunities View Post
There was this news flash yesterday on channels about SEC, CBN and NIBSS agreement on E-Dividend.

Any details on this please?
Not aware. The best way to go is for the E-Dividend thing should to be originated from NSE since they have information about investors. So you just submit one e-dividend mandate to them and they either send to the various registrars or they pay the dividend by integrating to NIBSS.
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  #33745 (permalink)  
Old 29th July 2015, 09:29 AM
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Default Re: MarketWatch

Quote:
Originally Posted by MissedOpportunities View Post
There was this news flash yesterday on channels about SEC, CBN and NIBSS agreement on E-Dividend.

Any details on this please?
Quote:
Originally Posted by migiets View Post
Not aware. The best way to go is for the E-Dividend thing should to be originated from NSE since they have information about investors. So you just submit one e-dividend mandate to them and they either send to the various registrars or they pay the dividend by integrating to NIBSS.

It was in the news days back. Not sure the format of the collaboration. Hope they will shed more light about it soon.
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  #33746 (permalink)  
Old 29th July 2015, 06:18 PM
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Default Re: MarketWatch

Investors loss hits N1.01Trillion as Bears remain in charge - Proshare
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  #33747 (permalink)  
Old 29th July 2015, 11:29 PM
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Reps to compel telecom, oil coys to list on stock exchange | BusinessDay
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  #33748 (permalink)  
Old 29th July 2015, 11:30 PM
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Default Re: MarketWatch

Registrars return unclaimed dividends to listed coys — SEC | BusinessDay
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  #33749 (permalink)  
Old 29th July 2015, 11:59 PM
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Default Re: MarketWatch

Aside from my obvious conflict of interest as a shareholder in Afriprud, I think this directive of the SEC on unclaimed dividends is not a wise one. There is no demand on the companies to maintain the unclaimed dividends in a separate bank account not mixed with their own operation. Given the difficulty of obtaining dividends in Nigeria either through the post or the time and logistics it takes to set up e-dividend mandate, the 15 months period is too short. Also, I believe unclaimed dividends should be in custody of a trust company, a role that the registrars have played very well. I think this whole policy is driven by a jealousy of the registrars who has the fortune of sitting on unclaimed dividends.
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  #33750 (permalink)  
Old 30th July 2015, 04:05 PM
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Default Re: MarketWatch

Quote:
Originally Posted by dupeodus View Post
Aside from my obvious conflict of interest as a shareholder in Afriprud, I think this directive of the SEC on unclaimed dividends is not a wise one. There is no demand on the companies to maintain the unclaimed dividends in a separate bank account not mixed with their own operation. Given the difficulty of obtaining dividends in Nigeria either through the post or the time and logistics it takes to set up e-dividend mandate, the 15 months period is too short. Also, I believe unclaimed dividends should be in custody of a trust company, a role that the registrars have played very well. I think this whole policy is driven by a jealousy of the registrars who has the fortune of sitting on unclaimed dividends.
The Launch of the New e-dividend Mandate Management System - TNI Q3/E5 - Proshare
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  #33751 (permalink)  
Old Yesterday, 10:11 AM
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Default Re: MarketWatch

Alleged Infractions: BGL to Appear Before SEC Next Tuesday, Articles | THISDAY LIVE
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  #33752 (permalink)  
Old Yesterday, 06:57 PM
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Default Re: MarketWatch

SEC shuts down Onitsha, Ibadan, Kaduna offices
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  #33753 (permalink)  
Old Today, 06:43 AM
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Default Re: MarketWatch

"Henceforth we should expect an August Visit"

*ThE OcToPuS *
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