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 […]
The Nigerian Exchange Limited has suspended trading in the shares of four firms this year for falling short of regulatory criteria, even as it is in the process of delisting three firms. The NGX Regulation Limited said in a report that Chellarams Plc, Niger Insurance Plc, The Tourist Company of Nigeria Plc, and Thomas Wyatt […]
The Nigerian Stock Exchange (NSE) has debarred Thomas Wyatt Nigeria from trading their shares. A statement signed by Lilian Dako, head of NSE listing regulation department, said the company was suspended for failing to file its audited financial statements for the year ended March 31, 2020. NSE said: “The suspension of trading in the shares […]
Proshare Nigeria Pvt. Ltd. Pursuant to Rule 3.1, Rules for Filing of Accounts and Treatment of Default Filing, ("Default Filing Rules"), which provides that: "If an Issuer fails to file the relevant accounts by the expiration of the Cure Period, The Exchange will: a) Send to the Issuer a "Second Filing Deficiency Notification" within two […]
Feyisayo Popoola The Nigerian Stock Exchange has lifted the suspension of trading in the shares of Thomas Wyatt Nigeria Plc. The NSE, in a statement on Monday, referred to its Market Bulletin dated November 1, 2018, which notified the public of the suspension of six listed companies for non-compliance with the rules for filing of […]
The Nigerian Stock Exchange ended Friday’s trading session in positive territory. The All Share Index closed at 29.616.38 basis points, up 0.21%. Year to date, the index is up 5.77%. Top Gainers and Losers First Aluminium Plc was the best performing stock today. The stock gained 10% to close at N0.33. Chams Plc gained 9.09% […]
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 […]
The Nigerian Stock Exchange (NSE) has announced plans to sanction 28 companies for failing to meet post-listing requirements. This include defaultment in timely release of operational reports and financial statements. The list of offenders released by the exchange include three commercial banks, a microfinance bank, three mortgage bankers, five insurance companies, one investment management firm […]
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