Monday, 7 March 2016

COMPANIES GET 19-DAY DEADLINE TO SUBMIT ANNUAL REPORTS



  • -       Companies quoted on the Nigerian Stock Exchange (NSE) have 19 working days to submit their audited report and accounts for the past business year to the regulators and the  investing public.
  • -       Post-listing rules at the NSE require quoted companies to submit their earnings reports, not later than three months after the expiration of the business period.
  • -       However, the NSE can grant waivers and extension of the deadline if a company applies for waiver and extension of the deadline.
  • -       Most quoted companies use the 12-month Gregorian calendar year as their business year, which terminates on December 31.
CULLED FROM NATION NEWSPAPER

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