He said the figure increased due to issues concerning identity management in the country.
Mr Yuguda said that the NIBSS would be responsible for hosting and disseminating a comprehensive e-dividend form.
Mr Yuguda said the commission had been fighting a serious war against Ponzi schemes where people without licenses extort money from unsuspected victims.
Mr Yuguda said unclaimed dividends as of 2021 stood at N177 billion, which was higher than the 2020 figure of N168 billion.
The virtual discussion will hold at the third Capital Market Committee (CMC) meeting scheduled for November 11 and 12.
SEC noted that it unveiled the 10-year plan in 2014 and had continued to implement the initiatives designed to reposition the country’s capital market.
