Unity Bank, Dangote Sugar Among List of Companies Stocks Underperforming on the Nigerian Exchange

Unity Bank, Dangote Sugar Among List of Companies Stocks Underperforming on the Nigerian Exchange

According to the Nigerian Exchange, there are over 156 listed firms with a total market capitalization of over N21 trillion While some companies’ stocks have made billions for shareholders, many are left to count their losses As the year draws to a conclusion, many people’s prospects of recovering are dwindling, while others will just have […]

NSE to sanction Fidelity Bank, others for late filing of reports

NSE to sanction Fidelity Bank, others for late filing of reports

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 […]