Author: InvestAdvocate

CBN to phase out COT By 2016

By Richard ABANGWU InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has planned to phase out Commission on Turnover (COT) by year 2016 according to a Revised Guide to Bank Charges. This is contained in a circular with reference number: “FPR/DIR/GEN/CIR/03/002, dated March 27, 2013, and signed by I.T Nwaoha […]

NSE Extends Filing Date for Listed Companies

Press Release Update-In response to the challenges being experienced by listed entities in meeting their regulatory periodic filing obligations with The Exchange for fiscal 2012 Audited Accounts and 2013 Interim Accounts, The Nigerian Stock Exchange (NSE) confirmed on Thursday, March 28, 2013 that it will grant all listed entities an […]