NGX Penalises 15 Firms N123.17m for Late Financial Filings

The Nigerian Exchange Limited (NGX) has listed penalties totalling N123.17 million against 15 listed companies for delays in submitting their audited and interim financial statements, raising fresh concerns about compliance with disclosure requirements and the effectiveness of existing sanctions.The Nigerian Exchange Limited (NGX) has listed penalties totalling N123.17 million against 15 listed companies for delays in submitting their audited and interim financial statements, raising fresh concerns about compliance with disclosure requirements and the effectiveness of existing sanctions.