Culled—Proshare April 20, 2018/NASD Plc This week, NASD Plc. formally launched the NASD Enterprise Portal (NASDeP). The launch was well attended by key stakeholders from the Federal Government, Economy, Business and Capital Markets community. We received addresses and remarks from the Representative of the Director-General, Securities and Exchange Commission, the […]
Investors Bite
Douglas Scheidt, Associate Director, Chief Counsel in the Division of Investment Management, to Leave Agency After 32 Years of Public Service
April 20, 2018/US SEC The Securities and Exchange Commission announced today that Douglas Scheidt, an Associate Director and the Chief Counsel in the Division of Investment Management, will retire from the SEC at the end of September. Mr. Scheidt has led the Division’s Chief Counsel’s Office for over 21 years. […]
Zenith Bank Plc: Interest income growth sustains profitability in Q1 2018; CAR drops 210 bps following IFRS 9 adjustments
April 20, 2018/Cordros Report Update: Zenith Bank plc released its Q1-2018 results, showing improved performance across key line items. Gross earnings was higher by 14.52% y/y (-20.91% q/q) at NGN169.19 billion, while PAT and PBT also grew by 22.17% y/y (+6.07% q/q) and 25.55% y/y (-3.32% q/q) to NGN54.0 billion […]
