By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian stock exchange (NSE) Wednesday said filling financial statements before corporate action could lead to negative reaction as the market operators will not be aware that the company will declare dividends and or issue bonuses at a future date. The NSE in a statement […]
Author: InvestAdvocate
Tanzania: Taking Steps to Enhance Fiscal Sustainability
Press Release/IMF A team from the International Monetary Fund (IMF), led by Paolo Mauro, visited Tanzania during February 12–25, 2014. The mission completed the assessment of the recent performance under the Standby Credit Facility (SCF) and discussed a possible new Policy Support Instrument (PSI) program.[i][i] The mission met with Hon. […]
Wema Bank gets April deadline to restructure capital
The Nigerian Stock Exchange (NSE) has given Wema Bank April 2014 deadline to restructure its capital to comply with the minimum requirement of 20 per cent free float of shares of companies listed on the main board of the NSE. Companies listed on the Exchange are required to maintain a […]
