MINT: A new acronym in the global vocabulary?

Happy New Year to all readers and followers of this blog. Thank you for your support in 2013. We look forward to a year of fulfillment in 2014 as we strive to provide a refreshingly different perspective to business and investment related issues in the heart of Africa – Nigeria. We begin the year on…

How to enhance minority shareholder protection in Nigeria

Introduction The minority shareholder is one without controlling interest in a company. A direct consequence of the majority rule in corporate administration is the fact that the minority shareholders are at risk of exploitation by the majority. Thus, there is need to protect this group of shareholders in order that their interest in the corporation…

Much ado about unclaimed dividends

Introduction Recently, the Securities and Exchange Commission (SEC) put the figure of unclaimed dividends in the country at an alarming N60bn[i]. The news has since generated considerable reaction from stakeholders including regulatory authorities and shareholders’ associations. Various reasons have been adduced for the steady increase of unclaimed dividends in the country.