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Tag "dormant accounts"

FG to borrow dormant account balances, unclaimed dividends

    FG to borrow dormant account balances, unclaimed dividends

Unclaimed dividends and bank account balances unattended to for at least six years will be available as special credit to the federal government through the Unclaimed Funds Trust Fund. According

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FG mulls taking custody of unclaimed dividends, dormant account balances

    FG mulls taking custody of unclaimed dividends, dormant account balances

The federal government is considering the creation of an unclaimed dividend and unutilised bank balance trust fund where dividends declared and unclaimed will be held. Providing highlights of the 2020

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