• NSE to sanction 14 firms for earnings’ report default

    NSE to sanction 14 firms for earnings’ report default

    The Nigerian Stock Exchange (NSE) will sanction 14 firms for failing to meet July 31 deadline for the submission of their interim financial and operational reports.

    NSE sources said at the weekend that the firms were to submit their first half and second quarters’interim earnings report and accounts by that date.

    NSE’s Post-listing rules require quoted companies to submit their audited earnings’reports, not later than three months after the expiration of the period. The rules also require quoted companies to submit their […]