# 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.

- **Source date:** 2026-10-21
- **Original source:** [Nairametrics](https://nairametrics.com/2026/10/21/ngx-fines-15-companies-n123-17-million-for-late-filings-experts-seek-tougher-sanctions/)
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- **Language:** English
- **URL:** https://voltformer.com/news/ng-ngx-fines-15-listed-firms-late-filings-20261021
- **Markdown:** https://voltformer.com/news/ng-ngx-fines-15-listed-firms-late-filings-20261021.md

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.

[Nairametrics](https://nairametrics.com/2026/10/21/ngx-fines-15-companies-n123-17-million-for-late-filings-experts-seek-tougher-sanctions/)

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