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Will Nigerian companies pay dividends: Some of Nigeria's biggest listed firms have recorded significant foreign exchange
The move by Access Bank Plc to expand its foray across other African countries through a series of acquisitions of smaller banks is seen to...
Views: Visits 49 When the Federal Government recently announced that it will be borrowing N895bn from dormant account balances and unclaimed dividends to shore up its revenue, so many frowned at this even though the very act itself is backed by a law President Muhammadu Buhari signed last year – the Companies and Allied Matters Act in the signed Finance Act 2020. That the FG resorted to borrowing from dormant account balances is evidence of the dire economic situation the country has found itself in and in a bid to keep the nation afloat. And this may not be unconnected to a st...