The Nigerian equities market yesterday sustained its upswing as the overall capitalisation rose by N421 billion following a price uptick in Seplat Energy and
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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 NPF Microfinance Bank Plc, C & I Leasing Plc, Notore Chemicals Industries Plc, Vitafoam Nigeria Plc, Juli Plc, Greif Nigeria Plc and Omatek Ventures Plc.
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