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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
Punch Newspapers Sections Published 23 June 2021 The Nigerian Exchange Limited has imposed a total penalty of N719.7m on 14 companies listed on the stock market for late filing of their audited and interim financial statements. The NGX disclosed this under the ‘2021 default filings’ section of a report obtained by our correspondent on Tuesday. The companies that filed their financial statements after the regulatory due date include Japaul Gold and Ventures Plc, Conoil Plc, Meyer Plc, Cornerstone Insurance Plc, Afromedia Plc, FTN Cocoa Processors Nigeria Plc and Unity Bank Plc. Others are ...