October 18, 2017/NSE The Exchange has received the Securities and Exchange Commission’s approval to the Rules set out below: S/No. Approved Rule Approval Date 1 Amendments to Dealing Members’ Rules (Part XIIIA) – Block Divestments and Large Volume Trades 16 October 2017 2 Amendments to Issuers’ Rules – Deletion of Chapter […]
Investors Bite
Oando Confirms Suspension on Shares Trading
October 18, 2017/NSE The Company (“the Company” or “Oando”) has received communication from the Nigerian Stock Exchange (NSE) that the Securities and Exchange Commission (SEC) have issued a directive to immediately suspend the trading of Oando shares, a directive to which the NSE has complied. The Company is currently reviewing […]
GTBank Reports Q3’17 Results – On track to Beat Consensus FY PBT Forecast of N193bn
Culled—Proshare October 18, 2017/FBNQuest Research Event: GT Bank reports Q3 2017 results Implications: On track to beat consensus full year PBT forecast of N193bn Positives: Marked y/y declines in opex and provisions Negatives: Weaker-than-expected non-interest income This afternoon GT Bank (GTB) published its Q3 2017 results. Although the bank’s results […]
