NGX report lists ₦123.17 million in late-filing penalties for 15 firms
The latest NGX RegCo report lists ₦123.17 million in late-filing penalties across 22 entries for 15 listed companies.
- Publish date: 2026-10-21
- Category: Standards & Policy
- Original source: Nairametrics
- Reading time: 1 min read
The latest NGX RegCo X-Compliance Report lists ₦123.17 million in penalties against 15 listed companies for late audited or interim financial statements, across 22 penalty entries. This includes ₦87.30 million for audited accounts and ₦35.87 million for interim statements.
International Energy Insurance had the largest penalty at ₦28.20 million; Caverton’s combined penalties were ₦19.20 million and Legend Internet’s ₦16.80 million. Three capital-market professionals interviewed by Nairametrics recommended stronger responses to repeat defaults, including possible SEC referral or board accountability; these were recommendations, not announced sanctions.