Lagos - Investors are expected to lose over N74.855 billion in investment when the Nigeria Stock Exchange (NSE) finally goes ahead with the delisting of 21 firms from its daily official list.
The companies are being delisted for failing to file their quarterly and annual financial reports and accounts with the NSE, reports Vanguard.
If the NSE goes ahead with its decision, market capitalization, is expected to drop by almost N75billion.
The proposed delisting planned for August brings to 38 the number of companies delisted from the NSE due to regulatory action in four years,
Read more at Vanguard.
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