Culled—Proshare November 10, 2017/NASD Plc The Nigerian Capital Market and 2017 Budget: Lessons for 2018. The Securities and Exchange Commission (SEC) held its 2nd Budget Seminar Series to identify how the capital market can contribute to, and in turn benefit from the 2018 Budget (“Budget of Consolidation”) and its implementation. Themed “The […]
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Okomu Oil Q3 2017 Results – Neutral Rating Maintained
Culled—Proshare November 10, 2017/ FBNQuest Research Modest downward revisions to our estimates and price target Okomu Oil’s (Okomu) Q3 2017 results surprised negatively – sales and PBT missed our estimates by 18% and 30% respectively. As such, we have reduced our earnings estimates over the 2017-18E period by 7% on average […]
SEC Unveils Proposed New Rule on Green Bonds, Sundry Amendments to Commission’s Rules
November 10, 2017/SEC New Rule Proposed Rule On Green Bonds Name/Citation of the Rule: Green Bonds Definition of Terms “Green Bond” A Green Bond is any type of debt instrument, the proceeds of which would be exclusively applied to finance or re-finance in part or in full new and/or existing projects […]
