The Nigerian Stock Exchange has imposed a fine of N56.3m on 31 listed companies for their failure to file their financial statements within the stipulated period. According to the NSE, the sanctions were imposed on the companies as they filed their 2011 and 2012 financial statements after the regulatory due […]
Tag: X-Compliance Report
NSE Hails Firms for Timely Disclosures
The management of the Nigerian Stock Exchange (NSE) Monday commended some companies for the timely disclosure of their quarterly financial performance for the third quarter ended September 30, 2012. This commendation was contained in the NSE X-Compliance Report obtained by THISDAY. X-Compliance Report is a transparency initiative of the exchange […]
NSE fine 83 Firms N26 Million for Non-Compliance
By Peter OBIORA InvestAdvocate (Lagos INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) still retain its penalty on 83 Quoted Companies on its Bourse with a fine totaling N26 million for late filing of Financial Statements. This is contained in the X-Compliance Report of the Nigeria’s Exchange dated November 05 2012 and made […]
