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Champion Breweries, Seven Others Fail To File Annual Reports–NGX

The Nigerian Exchange Regulation Limited (NGX) has said Champion Breweries Plc and seven other companies which are: International Energy Insurance Plc; Wema Bank Plc; Conoil Plc; Presco Plc; GlaxoSmithKline Consumer Nigeria Plc; Pharmadeko Plc; and Universal Insurance Plc have failed to issue an explanation on why they are yet to file their annual audited reports. ....

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First Bank: Shareholders Task Regulators on Disclosure Requirements


By Goddy Egene
Shareholders have advised the Securities and Exchange Commission (SEC), the Nigerian Exchange Regulation Limited (NGX REGCO), and other regulators in the financial sector to strengthen their disclosure requirements for quoted companies.
The shareholders said this following recent revelation by the Central Bank of Nigeria (CBN) that First Bank Nigeria Limited, which is a subsidiary of FBN Holdings Plc, had been enjoying forbearance since 2016. And this forbearance was not disclosed in the audited financial statements submitted to the NGX REGCO.
Speaking to THISDAY, the National Coordinator, Pragmatic Shareholders Association of Nigeria (PSAN), Mrs. Bisi Bakare, said it was shocking to know that FBN Holdings, which is one of the leading firms listed on the stock exchange, had been submitting its annual reports without disclosing the forbearance it had been enjoying from CBN. ....

Bisi Bakare , Anthony Omojola , Goddy Egene , Central Bank , Holdings Plc , Exchange Commission , Oceanic Bank , Shareholders Association Of Nigeria , Pragmatic Shareholders Association Of Nigeria , First Bank Nigeria , Nigerian Exchange Regulation Limited , National Coordinator , Intercontinental Bank , First Bank Nigeria Limited , Pragmatic Shareholders Association , Independent Shareholders Association , Bernard Longe , பிசி பாக்றே , மைய வங்கி , ஹோல்டிங்ஸ் ப்ல் , பரிமாற்றம் தரகு , கடல் வங்கி , பங்குதாரர்கள் சங்கம் ஆஃப் நைஜீரியா , ப்ர்யாக்‌ம்யாடிக் பங்குதாரர்கள் சங்கம் ஆஃப் நைஜீரியா , முதல் வங்கி நைஜீரியா , தேசிய ஒருங்கிணைப்பாளர் ,