SEC Partners Stakeholders To Resolve Multi-billion Naira Unclaimed Dividends — Yuguda

FMDQ Holdings PLC has announced Dangote Group, the Securities and Exchange Commission, Stanbic IBTC Holdings, amongst others as winners of its 2020 Gold Awards.

Other awardees are; Chapel Hill Denham and Corporate Affairs Commission.

FMDQ Holding in a statement on Sunday noted what the awards were to acknowledge valuable efforts of financial market participants whose contribution in the FMDQ markets and across the financial market infrastructures positively shaped the course of the markets.

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According to the company, despite an exceptionally tough year in 2020, the awarded stakeholders had continued to play an all-important role in stabilising the economy at large, providing a viable avenue to raise capital, transfer value and manage risks.

The statement quoted the Group Chairman of FMDQ Group, Dr. Kingsley Obiora, as describing the year as a “challenging yet, rewarding year.”

He said the year was one which had stretched the resilience of the market and at the same time availed opportunities to deepen the markets.

Obiora, acknowledged the finalists and nominees, and congratulatee the awards winners.

The Director-General of the SEC, Lamido Yuguda, was quoted as commending the winners and stakeholders for their efforts at making Nigeria globally competitive.

Yuguda who was represented by the Executive Commissioner, Operations, SEC, Temidayo Obisan, restated the commission’s commitment to collaborating with stakeholders to define appropriate market structures, create an enabling environment, and ultimately reduce systemic risks.

Expressing delight at the innovative strides of the FMIs, including FMDQ, and other market participants, former Treasurer/Vice President at the World Bank, Arunma Oteh, congratulated the winners, nominees, finalists and other stakeholders for their positive contributions.