- The NGX has suspended seven listed companies for not filing their account report on time
- Amongst the suspended companies is Ardova Plc, a top player in the energy sector in Nigeria.
- Affected companies will no longer be able to trade shares or move share prices until otherwise stated
A total of seven companies have been sanctioned by the Nigerian Exchange Group (NGX) for failing to comply with the guideline of The Exchange.
The companies; Ardova Plc, Presco, C and I Leasing, Royal Exchange, International Energy Insurance, Pharma Deko and Afromedia, will be halted from shares transaction and movement of share price.
