Nigerian Stock Exchange (NSE) expels 35 Stockbroking Firms – SEE THE LIST

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The Nigerian Stock Exchange (NSE) had at its National Council Meeting expelled 35 Stock Broking Firms in Nigeria.

STOCKS:  The NSE said the public should not deal with the expelled firms in relation to transactions on the exchange and that any investor who has a stockbroking account with the firm should transfer to any licensed firm that is a dealing member of the exchange.

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Here is a full list of the affected firms:

  • Andruche Investments Plc
  • Angela Eccies Limited
  • Associated Trust Investment and Finance Limited
  • Beaver Securities Limited
  • Betraco Securities Limited
  • Cobal Ventures Limited
  • Financial Intermediaries Limited
  • Corporate Focus Securities Limited
  • GF Securities Limtied
  • IB Finance Limited
  • Intergrated Securities Limited
  • Integrated Ventures Nigeria Limited
  • Intercommerce and Consultant Limited
  • Investment and Capital Development Company Limited
  • Investment Trust Company Limited
  • Kamrash Securities Limited
  • Lakeside Asset Management Limited
  • M and F Investment and Securities Limited
  • Milestone Investment and Securities Limited
  • Millennium Investment Trust Limited
  • Moji Securities and Investment Nigeria Limited
  • Morgan Trust Asset Management Limited (formerly known as IMB Morgan Plc/IMB Securities Limited).
  • Multibank International Securities Limited
  • Nationwide Finance and International Securities Limited
  • Novelty Investment Limited
  • Optimus finance and securities Limited
  • Pabod Finance and Investment Company Limited
  • Pabofin Securities Limited
  • Path Securities and Investments Limited
  • Shiroro Finance Limited
  • Tassel Finance and Investment Limited
  • Unique Securities and Finance Services Limited
  • Upper Credit Securities and Investments Limited
  • WellsFargo Capital Limited
  • Westland Investment Limited.

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www.sojworld.com (c) December 29, 2018

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