21/10/2016/SEC New Rule Proposed Rule for the Three-Tiered Know-Your-Customer (KYC) Framework for Capital Market Operators Sundry Amendments a. Proposed amendment to Rule 39(2) -Proposed New Rule on Fast Track Filing of Annual Reports b, Proposed amendment to Rule 305 -Proceeds of Issue c, Proposed amendment to the National Investor Protection […]
Capital Market
Stocks Close Week in Red, Dips 0.95% on Profit-Taking
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday closed the week on a negative note as the all-share-index (ASI) and market capitalisation depreciated by 0.95 percent to close at 27,596.82 and N9.479 trillion respectively and coming on the heels of profit-taking. “Similarly, all other Indices finished […]
Transcorp Hotels Reports N3.93 Billion Pretax Profit for Nine Months Ended 30 September
By InvestAdvocate Lagos (INVESTADVOCATE)- Transcorp Hotels Plc, the hospitality unit of Nigeria’s top tier conglomerate, Transnational Corporation of Nigeria Plc on Friday said its pretax profit for the nine months period ended September 30, 2016 rose 14.7 percent to N3.93 billion from N3.42 billion recorded a year ago. Post-tax profit […]
