Nigeria: Shareholders

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Article
Borrowing From The Unclaimed: An Examination Of The Legality Of Diverting The Unclaimed Funds Trust Fund To Finance Government Loan Schemes In Nigeria
A pattern is emerging, one where private-owned monies are being diverted for public borrowing without the notice or express consent of the legal owners. In August 2026, President Bola Tinubu proposed the use of unclaimed dividends and dormant accounts funds to fund the Nigerian Education Loan Fund (“NELFUND”). Dr. Maruf Alausa, the Minister of Education, informed the public that cross ministerial efforts have commenced between the Ministries of Education, Finance and office of the Attorney-General of the Federation towards removing legal hurdles and operationalising this directive.2
Nigeria Finance
SA
S.P.A. Ajibade & Co.
Article
Holding It Together: Using Holding Companies To Preserve Family Businesses
Family businesses are the quiet engine of the global economy, accounting for a large share of the jobs and output of almost every country on earth. Yet they share one stubborn weakness: most do not outlive the people who build them. Studies of family enterprises find repeatedly that only a minority survive into the second generation, and fewer into the third.1 The problem is rarely a lack of talent or ambition. It is a lack of structure.
Nigeria Commercial
SP
SimmonsCooper Partners
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