Updates

ZENITHBANK Post-Tax Profit Climb 22.9% in 2016, Proposes N1.77 Kobo Dividend

By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier lender Zenith Bank Plc said on Monday its post-tax profit for the period ended December 31, 2016 climbed up 22.9 percent to N129.6 billion from N105.5 billion recorded a year earlier. Pretax profit for the review period also appreciated 24.8 percent to N156.7 billion […]

World Federation of Exchanges publishes report into SME financing & equity markets

February 27, 2017/WFE The World Federation of Exchanges (“WFE”), which represents more than 200 market infrastructure providers including exchanges and CCPs, today published a report into exchanged-based financing of Small and Medium Enterprises (SMEs), aimed at identifying globally-consistent barriers and opportunities for enhancing SME access to equity finance. ​As significant […]

WFE responds to FSB consultation on continuity of access to critical FMI services for a firm in resolution

February 27, 2017/WFE The World Federation of Exchanges (“WFE”), which represents more than 200 market infrastructure providers including exchanges and CCPs, has responded to a consultation from the Financial Stability Board (“FSB”) related to the Continuity of Access to Financial Market Infrastructures (“FMIs”) for a Firm in Resolution. ​Whilst focused […]