The Nigerian Stock Exchange (NSE) has suspended trading in the shares of Unity Bank Plc as well as five other companies.
This was revealed in a statement by the NSE Head of Listings Regulations, Godstime Iwenekhai on Thursday.
According to Iwenekhai, the shares of the companies were suspended over failure to file their financial statements.
“Trading in the shares of the following companies via the facilities of the Exchange has been suspended effective today, November 1, 2018: Unity Bank Plc, Fortis Microfinance Bank Plc, Thomas Wyatt Nigeria Plc, Multi-Trex Integrated Foods Plc, Golden Guinea Breweries Plc and Deap Capital Management & Trust Plc,” the statement read.
“In accordance with the rules set forth above, the suspension of the above-listed companies will only be lifted upon the submission of the relevant accounts and provided the Exchange is satisfied that the accounts comply with all applicable rules of the Exchange.”