Oando Plc, Medview Airlines Plc, among other listed companies have failed to submit over two-year audited result and accounts on the Nigerian Exchange Limited .
Specifically, Oando in July of 2021 entered arrangement with Securities and Exchange Commission to settle all matters subject of litigation, among others.For Medview Airlines, the value of its shares on the floor of the NGX has not moved below or above N1.62 in the last two years. Chairman of the airline, Sheik Abdul-Mosheen Al-Thunayan, had blamed the performance on political tension and tight liquidity.
The NGX also disclosed that Capital Oil Plc, Staco Insurance Plc and Resort Savings & Loans Plc have not submitted three-year audited results, while PZ Cussons Nigeria Plc and Chellarams Plc have failed to submit 2021 audited results to the NSE.
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