Investors Bite

IOSCO Updates Information Repository for Central Clearing Requirements for OTC Derivatives

April 1, 2016/IOSCO The International Organisation of Securities Commissions (IOSCO) today released an update of its information repository for central clearing requirements for OTC derivatives, which provides regulators and market participants with consolidated information on the clearing requirements of different jurisdictions. By providing this information, IOSCO seeks to assist authorities […]

Berger Paints Says 2015 Pretax Profit up 126%, Declares 75 Kobo Dividend

By InvestAdvocate Lagos (INVESTADVOCATE)-Paint manufacturer, Berger Paints Plc said on Thursday pretax profit for the period ended December 31, 2015 climbed up to N565.21 million from N249.25 million recorded a year ago. Similarly, profit after tax (PAT) rose 122 percent to N330.31 million from N148.80 million posted the corresponding period […]

Nestle Nigeria Says Iquo Ukoh Exits as Marketing Services Director

By InvestAdvocate Lagos (INVESTADVOCATE)-Food and beverage producer, Netsle Nigeria Plc said on Thursday Iquo Ukoh, marketing services director of the company has resigned, according to Reuters. The company said Ukoh’s resignation is with effect from March 15, 2016.