October 28, 2016/IOSCO The Board of the International Organisation of Securities Commissions (IOSCO) today published a report on the implementation of the G20/FSB post crisis recommendations aimed at strengthening securities markets. The Implementation Report: G20/FSB Recommendations related to Securities Markets was prepared by IOSCO’s Assessment Committee, as part of its […]
Updates
NSE Gets SEC’s Approval to New Rules for Filing of Accounts, Treatment of Default Filing
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) said on Friday it has secured the approval of the Securities and Exchange Commission (SEC) on the Rules for Filing of Accounts and Treatment of Default Filing. Click here to see the approval notice
Dangote Cement Plc PBT Declines by 38% YoY Due to Gross Margin Contraction and Spike in OPEX
Culled—Proshare October 28, 2016/FBNQuest Research Event: Dangote Cement reports Q3 2016 results Implications: Likely upward revisions to consensus 2016 PAT forecast Positives: PAT grew 147% y/y driven by OCI gains of N37bn Negatives: PBT declined by 38% y.y due to a gross margin contraction of -1773bps y/y and an 81% […]
