Tag Archives: default filing

Diamond, Fidelity Bank others slamed N296m fine over default filing

Thirty-Five (35) quoted companies have been fined N296 million by the Nigerian Stock Exchange (NSE) over their failure to file financial statements with the NSE as slated in their listing requirement. A cursory look at the affected entities show that majority of them are in the insurance subsector, where most quoted securities have turned penny stocks  due to low demand arising …

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