The Nigerian stock exchange has granted companies yet to release their year to December 2014 results additional 30 days grace. The exchange made this announcement via a press release and sighted the change of date of the general elections which impacted meeting calendars of some boards, entities who also need to obtain primary regulators approval before their financial statements are released to the public as reasons.
So many companies are yet to release their 2014 FY results more than 3 months into the new year a move many retail investors believe is not good for the market.
Get the press release