Lagos - Quoted companies that are yet to submit their 2013 financial statements to the Nigerian Stock Exchange (NSE) have been given another one month grace to comply or face sanctions, reports Daily Trust.
In granting the extension, NSE said it was concerned and mindful of the challenges being encountered by these companies in submitting their accounts.
The commission, however warned defaulting companies that penalties for late rendition of the audited financial statements would become applicable and enforceable after the grace period.
Read more at Daily Trust.
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