Types[ edit ] There are several types of human capital flight:
Bassey Udo Related News The Securities and Exchange Commission on Wednesday rolled out the e-dividend payment platform to address the rising incidence of unclaimed dividends in the Nigerian capital market. The new payment system, he said would address the lingering problem of unclaimed dividend, which the market had sought solution for the past 20 years.
The director-general said that the Commission would embark on massive public enlightenment on how investors would utilise the portal, apart from intensive training for bankers and registrars on its usage. The Capital Market Committee he said, has adopted a three-point agenda to promote financial inclusion in the capital market and market efficiency.
These include direct settlement of investors, smart trading and full dematerialization of the capital market, which would be concluded by December Gwarzo said SEC has closed down three of its zonal offices in Onitsha, Ibadan and Kaduna to strengthen the other offices.
About 17 of the 22 registrars operating in the capital market, he said, have so far complied with full dematerialisation of share certificates, saying the Commission was currently working with all stakeholders in the market to conclude the process this year. To ensure that investors complied with the process, the SEC DG said the Commission had commenced public enlightenment programme to reach out to all states in Nigeria.
Besides, he said SEC had already instructed registrars to notify shareholders to elect stockbroking firms of their choice in readiness for the full dematerialisation of the market.
Gwarzo stated that with the process, shareholders forms already with the Central Securities Clearing System would be passed to the registrars, after which they would notify the broker about the choice of the investor.
On the 10 year capital market master plan, Mr. Gwarzo said SEC has already set up an advisory council that would review the report and make amendments where necessary. On the recapitalisation of stock broking firms, the Director-General said the September deadline was irrevocable.
Oluyemi said investors would supply bank account number, registrars shareholders account numberclearing house account number and bank verification number in the mandate form to facilitate payment.
He explained that investors would not be charged for mandate verification, noting that it had been resolved that dividends could be paid into both savings and current accounts. Oluyemi said the portal would also accept payment of dividends into dormant accounts, adding that an investor could only withdraw the money after revalidating the account.BibMe Free Bibliography & Citation Maker - MLA, APA, Chicago, Harvard.
As of midyear , Nigeria had a population of million, annual population growth rate of %, and 44% of Nigeria’s population was under age The Total Fertility Rate, or the average number of children per woman over the course of her lifetime, has declined . The study reveals that dividend policy significantly impact as well as account for large variation in shareholders wealth and actual dividend payable per share.
It also shows that profit after tax is a significant determinant of the magnitude and changes associated with dividend payable per share. THE new policy directive by the Central Bank of Nigeria, CBN, on dividend payment by banks is a proactive measure to strengthen and protect the banking industry, consumers and financial system, to.
Dividend policy is the set of guidelines a company uses to decide how much of its earnings it will pay out to shareholders. Trend events on 's key trends, in 11 global cities. From now until December