By Peter OBIORA InvestAdvocate

Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Wednesday put total amount of fines paid by erring quoted companies and other capital market operators at N104.7 million in year 2013.

Oscar Onyema, Chief Executive officer (CEO) of the Nigeria’s Exchange disclosed this at the 2013 Market recap and outlook for 2014 at the Stock Exchange House in Lagos Nigeria.

According to him, quoted companies paid a total of N61.2 million compared to other market operators that paid a total of N43.5 million in the review period.