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Iwenekhai said,“Trading in the shares of the eight companies below have been suspended from the facilities of Nigerian Exchange Limited (NGX or The Exchange) effective today, Monday, 8 July 2024, for not filing their Audited Financial Statements for the year ended 31 December 2023.” Also, listed companies are obligated to comply with post-listing requirements by submitting their accounts and other documents within a specified timeframe on the Exchange.
“b) Suspend trading in the issuer’s securities, and c) Notify the Securities and Exchange Commission and the Market within 24 hours of the suspension.” According to the regulation, the trading suspension on the shares of the impacted companies will be removed upon their adherence to the regulations..
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