NGX Group Kayode Tokede A total of 16 companies worth N109.11billion in market capitalization have failed to comply with post-listing requirements of the Nigerian Exchange Limited (NGX) of filing audited result and accounts at stipulated period, THISDAY investigation has revealed. THISDAY learnt that three out of the 16 companies have not remitted six years results […]
Darasimi Adebisi Oando Plc, Medview Airlines Plc, among other listed companies have failed to submit over two-year audited result and accounts on the Nigerian Exchange Limited (NGX). The Exchange disclosed that Oando, Medview Airlines, International Energy Insurance Plc, Thomas Wyatt Nigeria Plc, and Goldlink Insurance Plc have not submitted 2019 & 2020 audited results to […]
No fewer than 38 firms will pay a fine totalling N429.5 million. The fine was imposed by the Nigerian Stock Exchange (NSE) over the firms’ failure to file their financial statements as of when due last year. According to a recent report from the bourse, the fine was slammed on the firms for 52 offences […]
By Dipo Olowookere Authorities of the Nigerian Stock Exchange (NSE) have announced the review of composition of its market indices, with some publicly quoted companies exiting and joining various indexes. In a statement, the stock exchange management said the NSE-30, and its eight sectoral indices; NSE Consumer Goods, NSE Banking, NSE Insurance, NSE Industrial, NSE […]
The Nigerian Stock Exchange (NSE) has lifted embargo placed on the trading in the shares of Standard Alliance Insurance Plc,for non-compliance with Rule 3.1, for filing of Accounts and treatment of Default Filing, rulebook of the Exchange. According to the Exchange, the rule provides that; “If an Issuer fails to file the relevant accounts by […]
Feyisayo Popoola The nation’s equities market extended its decline on Thursday as it shed N111bn following the price depreciation recorded by 31 stocks at the close of trading. The All-Share Index and market capitalisation of equities listed on the Nigerian Stock Exchange fell by 0.88 per cent to close at 34,110.22 basis points and N12.452tn […]
The Nigerian Stock Exchange (NSE) has lifted the trading suspension placed on Standard Alliance Insurance Plc. The Exchange suspended the company for non-compliance in filing its audited account within the stipulated date as provided by Rule 3.1, Rule for filing of Accounts and Treatment of Default Filing. The company was suspended on July 5, 2018 […]
File: Floor of Nigerian Stock Exchange The Nigerian Stock Exchange has lifted the suspension on trading in the shares of Standard Alliance Insurance Plc. Head of Listings Regulation Department of the NSE Godstime Iwenekhai noted this on Wednesday. The firm was handed the suspension on July 5, 2018, over non-compliance with rule 3.1 of the […]
Feyisayo Popoola The Nigerian Stock Exchange said on Wednesday that it had lifted the suspension it placed on the trading in the shares of Standard Alliance Insurance Plc. It said the firm was suspended on July 5, 2018, for non-compliance with rule 3.1 of the Exchange (Issuers’ Rules) − Rules for filing of accounts and […]
Nigeria Stock Exchange (NSE) Related News The Nigeria Stock Exchange (NSE) on Wednesday lifted the suspension placed on trading in the shares of Standard Alliance Insurance Plc over non-submission of accounts. In a statement by Godstime Iwenekhai, Head of Listings Regulation Department, NSE said the suspension was lifted after the company submitted its accounts. The […]
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