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The industry analysts believe that when results of the remaining banks are rolled out, combined profit would be in excess of N3.5 trillion.
The seven companies are: Niger Insurance, C&I Leasing, African Alliance Insurance, Coronation Insurance, Ekocorp, Premier Paints and Mutual Benefits Assurance. The suspension, which takes effect from yesterday, July 1, 2022, implies that there would be no price movement on the shares because the company’s investors would no longer trade on their stocks. A circular issued […]
The Nigerian Exchange Regulation Limited (NGX RegCo) has suspended trading on nine companies listed in the stock market, a move that will negatively impact the investment of shareholders in the firms,
By Dipo Olowookere Nine publicly quoted organisations trading their shares on the Nigerian Exchange (NGX) Limited have been suspended. A circular issued by the bourse explained that the affected firms were slammed for failing to file their Audited Financial Statements (AFS) for the year ended December 31, 2021. With