NGX Fines 9 Firms N76.8m for Late Filing of Annual Reports

The report indicated that the companies were sanctioned for their inability to meet the regulatory requirements for the year-end 2022 and 2023 financials.

Companies that are listed on Nigerian Exchange Limited (NGX) are required to adhere to high disclosure standards which are prescribed in the Rulebook of NGX, 2015 (Issuers’ Rules), and other Rules of NGX, from time to time.