• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result

Note: These 6 Companies Were Delisted From The Nse Last Year (2013)

Nairametrics by Nairametrics
February 2, 2014
in Uncategorized
Share on FacebookShare on TwitterShare on Linkedin

No fewer than six companies were among the entities and securities delisted from the Nigerian Stock Exchange in 2013; according to data obtained from the NSE.

The companies were delisted in the space of eight months starting with the (1.) Nigerian Bag Manufacturing Company Plc on April 11, 2013.

(2) Crusader Nigeria Plc was removed from the official trading list on May 13, 2013, followed by (3) West African Aluminium Products Plc and (4) Nigeria Wire Industries Plc, which were both delisted on June 3.

RelatedStories

CBN issues directive to curb mass sacking by banks

How companies determine who to fire in an economic crunch

November 29, 2022
shopping mall prices

Why A Drop In Inflation Does Not Necessarily Mean A Drop In Prices Of Commodities

July 17, 2019

Three weeks later, on June 24, 2013, (5)First City Monument Bank Plc was delisted from the banking sub-sector and went on to become a part of the new holding company, FCMB Group Plc.

FCMB Group Plc is listed on the NSE under the other financial services sub-sector of the financial services sector.

(6) Poly Product Plc was the last company to be delisted from the NSE last year. It voluntarily exited the Exchange on December 12 due to harsh economic climate, according to the NSE.

The delisting of four other companies had not been completed by the end of the year.

The companies include Pinnacle Point Group Plc, which is in the process of liquidation, and Afrik Pharmaceutical Plc, which is being delisted by the Exchange for noncompliance with post-listing obligations.

The Tourist Company of Nigeria Plc is undergoing voluntary delisting due to Free Float deficiency, while Adswitch Plc is being voluntarily delisted due to harsh economic climate.

As for the securities, the Crusader (Nigeria) Plc Zero Coupon Convertible Bond was delisted on February 15, while up to seven Federal Government of Nigeria bonds, which were due in 2013, were delisted as well.

They are the 5.5 per cent FGN FEB 2013 bond (delisted on March 1, 2013); 15 per cent FGN MAY 2013 bond; 16 per cent FGN JUN 2013 bond (delisted on July 1) and 12.74 per cent FGN OCT 2013 bond (delisted on November 1).

Tags: News Review
Nairametrics

Nairametrics

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

Related Posts

CBN issues directive to curb mass sacking by banks
Small Business

How companies determine who to fire in an economic crunch

November 29, 2022
shopping mall prices
Blurb

Why A Drop In Inflation Does Not Necessarily Mean A Drop In Prices Of Commodities

July 17, 2019
Treasury Bills
Financial Literacy

20 Financial Terms You Need To Know In The Stock Market

August 5, 2018
MTN Nigeria Plc
Business News

30% equity of MTN’s shares could go to retail investors

June 13, 2018
[The Nigerian Economy Daily] FG has approved the closure of five foreign missions and embassies
Macros

THIS WEEK: Big Macros and a very important task for President Buhari.

June 10, 2018
internet subscriptions growth
Business News

Why Glo and 9mobile are losing their internet mobile subscribers

June 5, 2018
Next Post

Facebook Visits Nigeria; Loves Our Market & Plans To Set Up A Regional Office In Nigeria

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Zenth Bank
Emple
first bank
Zenth Bank








DUNS

Recent News

  • Billionaire Bill Ackman exits Universal Music Board 
  • Mamuda Group to invest $50 million in Ogun State industrial expansion 
  • CNG implementation faces setbacks over poor infrastructure – Expert says 

Follow us on social media:

Recent News

Billionaire Bill Ackman exits Universal Music Board 

Billionaire Bill Ackman exits Universal Music Board 

May 14, 2025
Mamuda Group to invest $50 million in Ogun State industrial expansion 

Mamuda Group to invest $50 million in Ogun State industrial expansion 

May 14, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics