Economic News Update

Financial statements: NSE may suspend Conoil, 10 others

 

The Nigerian Stock Exchange on Monday announced that 11 companies had missed the deadline to file their audited financial statements for the year ended December 31, 2016. The Exchange said it might suspend trading in their securities.

The defaulting companies were A.G Leventis Nigeria Plc, African Alliance Insurance Plc, Austin Laz & Company Plc, Capital Hotel Plc, Conoil Plc, Niger Insurance Plc, Premier Paints Plc, Resort Savings & Loans, Smart Products Nigeria Plc, Sovereign Trust Insurance Plc, and Union Diagnostic & Clinical Services Plc.

 

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