Nigerian bourse delists two firms as ‘securities no longer suitable’
The Nigerian Exchange Limited (NGX) announced on Friday that the securities of Tourist Company of Nigeria Plc and Union Homes
The Nigerian Exchange Limited (NGX) announced on Friday that the securities of Tourist Company of Nigeria Plc and Union Homes Savings and Loans Plc have been delisted from its facilities.
The bourse said in its weekly report that the firms were delisted “on the grounds that they are operating below the listing standards of NGX, and their securities are no longer considered suitable for continued listing and trading in the market”.
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