Updates

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 […]

Bank strengthens Nordic partnerships – “our priorities are aligned”

7/6/2016/AfDB The Bank strengthens its longstanding partnerships with the Nordic countries this week as its President, Akinwumi Adesina, visits Norway, Denmark, Finland and Sweden. “The Nordic countries are strong supporters of the African Development Bank, and they also contribute significantly to the African Development Fund. The Bank’s strategies are perfectly […]

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 […]