NGX fines 16 firms N779m for market offences

The Nigerian Exchange Limited has sanctioned 16 companies for various market infractions in three years, according to findings by The PUNCH. Specifically, the NGX imposed the sum of N779.5m fine on LASACO Assurance Plc, Presco Plc, Ardova Plc, C&I Leasing Plc, and 12 other listed companies on the bourse between 2020 and 2022. The sanctions