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Nairametrics
Home Business News

NSE has just given these firms a red card

Onome Ohwovoriole by Onome Ohwovoriole
October 8, 2018
in Business News
Bonds, CBN

Nigerian Stock Exchange Trading Floor

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The Nigerian Stock Exchange (NSE) has suspended trading in the shares of the following firms:

  • DN Tyre & Rubber Plc
  • FTN Cocoa Processors Plc
  • International Energy Insurance Plc
  • Thomas Wyatt Nigeria Plc
  • Union Dicon Salt Plc
  • Unic Diversified Holdings Plc.

The Exchange disclosed this in a notice posted on its website. The move was due to their inability to submit their audited results as at when required. The suspension will be lifted, once their results are submitted.


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Onome Ohwovoriole

Onome Ohwovoriole

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

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