Nigeria's leading finance and market intelligence news report.

Companies sacrifice investors’ dividends for regulatory penalty

No fewer than 39 listed companies that filed their Audited and Interim Financial Statements after the regulatory due dates for years 2019 and 2020 paid the Nigerian Stock Exchange (NSE) penalties cumulatively valued at N345 million, X-Compliance Report at the bourse shows. The X-Compliance Report is a transparency initiative of the NSE, which is designed…

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