- About 16 companies that committed various infractions have received sanctions from the Nigerian Exchange Limited
- The companies include four banks and 12 others sanctioned for multiple offences
- The offences were committed between 2020 and 2022 and included untimely release of financials
According to a new report by the Nigerian Exchange Limited (NGX), about 16 companies, including four banks, have been sanctioned for various infractions.
The NGX charged N779.5 million on LASSACO Assurance, Presco, Ardova Plc, C&I Leasing, and 12 other firms listed on the Exchange.