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Lafarge Africa Seeks SEC Approval to Issue N100 Billion Bond

By InvestAdvocate Lagos (INVESTADVOCATE)-Cement producer, Lafarge Africa Plc said on Tuesday it seeking the approval of the Securities and Exchange Commission (SEC) to issue a N100 billion Series I and II Bond. The cement producer disclosed that the SEC also confirmed the commencement of the Book Build up to N60 […]

IOSCO issues Statement on Non-GAAP Financial Measures to assist issuers in providing clear disclosure for investors

June 7, 2016/IOSCO The Board of the International Organisation of Securities Commissions (IOSCO) today issued the Statement on Non-GAAP Financial Measures. The Statement is intended to assist issuers in providing clear and useful disclosure for investors and other users of financial measures other than those prescribed by Generally Accepted Accounting […]

OANDO Delays Release of 2015 Audited Financial Statements

By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing firm, Oando Plc said on Thursday the release of its 2015 audited financial statement will be delayed to June 30, 2016. Oando had earlier communicated a timeline of May 31, 2016 to submit its accounts to the Nigerian Stock Exchange (NSE) and make it public. […]