The Nigerian Exchange Limited (NGX) has cautioned three companies – Aradel Holding Plc, ABC Transport Plc, and Cutix Plc – for breaching certain provisions of the Listings Rules.
The NGX disclosed these sanctions in its enforcement report contained in the February 28 X-Compliance Report.
The X-Compliance Report is a transparency initiative of NGX Regulation Limited (NGX RegCo) designed to maintain market integrity and protect investors by providing compliance-related information on all listed companies.