News Formal

NSE suspends Medview airline, Capital Oil, four other companies

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 78%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The Nigerian Stock Exchange(NSE) has suspended trading in some companies for their non-compliance with corporate governance rules spelt out by the NSE

The NSE said the move was a sequel to the companies’ inability to comply with corporate governance rules which mandate them to submit financial statements within a specified period.

The suspension was over their failure to “file their audited financial statement for the year ended December 31, 2019,” the NSE said.The NSE said the companies were suspended after the expiration of an extended period offered them and many notifications demanding the submission of the financial statements.

Listing and regulatory rules at the capital market require all quoted companies to submit their annual audited report and financial statement not later than 90 days after the end of the financial year.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NSE Market Indices Gain 0.07% | Leadership NewspaperNSE Market Indices Gain 0.07% The nation’s bourse on Monday closed the last trading day of August with a growth of 0.07 per cent, following sustained positive sentiment. Specifically,
Source: LeadershipNGA - 🏆 4. / 77 Read more »