26/3/2018/SEC Sundry Amendments Proposed Amendment To Rule 41(4): Publication Of Interim Financial Statement All public companies shall publish their “signed” quarterly balance sheet, income statement and cash flow statements in at least one (1) national daily newspaper. However, the accounting policies, notes and other relevant information shall be posted on […]
Capital Market
Y”hello Nigeria – MTNN to list on NSE
Culled—Proshare March 26, 2018/Vetiva After series of discussions, MTN is cementing plans to list its Nigerian Business (“MTNN”), which is estimated to be worth about $6 billion, on the Nigerian Stock Exchange by H2’18. The company has obtained shareholder approval for the listing and is in the process of seeking […]
NSE Proposes Rules for Price Stabilization of Securities to the Rulebook
March 22, 2018/NSE Introduction The Exchange is proposing to add the Rules for Price Stabilization of Securities to the Rulebook of The Exchange (”Rulebook”) (Issuers’ Rules). Summary of the Proposed Rules The stabilization of securities creates a regulatory framework for ’the buying of security for the limited purpose of [preventing […]
