3.1% of listed firms on NSE axed in 3 years
A total of 3.1 per cent of listed companies on The Nigerian Stock Exchange (NSE) have been delisted in the past three years, leaving the number at 190.
Data gathered by our correspondent revealed that listed equities on The Exchange in 2013 stood at 198. A year later, it dropped to 196 while in 2015, it was 190.
The Exchange under Mr. Oscar Onyema, the Chief Executive Officer, has delisted several companies on the heels of variuos violations of the listings rules while some sought to be delisted voluntarily.
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