December 21, 2016/IOSCO The Board of the International Organisation of Securities Commissions (IOSCO) published today the Report on Order Routing Incentives for public consultation. The report provides an overview of the practices used by market regulators regarding incentives for order routing that may influence how intermediaries treat their clients. The […]
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Presco Plc – Still on Track for a Stellar 2016
Culled—Proshare December 21, 2016/FBNQuest Research Strong topline growth impact on earnings Although Q3 2016 sales missed our forecast by 5.2%, Presco has continued to enjoy strong double digit sales growth in recent quarters. Aside increased demand for its product locally, the company is also benefiting from increased pricing power as […]
Interswitch “Suspend” Planned IPO Due To Dollar Scarcity
20/12/2016/Nairametrics The menacing dollar scarcity that has pervaded the Nigerian economy since 2016 is said to be responsible for the suspension of the $1 billion initial public offering by Interswitch Ltd. Reports suggest, foreign investors, who were mainly the target market for the offer have been adamant to invest in […]
