By Financescape
The Nigeria Stock Exchange Has announced the delisting of Skye Bank Plc and Fortis Microfinance Bank Plc. In a notice to its dealing members, The Nigeria Stock Exchange stated that pursuant to Clause 15 of the General Undertaking, Appendix III of the Rule Book of The Nigerian Stock Exchange, 2015 (Issuers’ Rules), the companies were delisted from the Daily Official List of The Nigerian Stock Exchange (The Exchange) today, Wednesday, 21 August 2019:
The delisting of the listed companies was approved by the National Council of The Exchange on Thursday, 30 May 2019 in line with The Exchange’s regulatory delisting process as a result of the revocation of their operating licenses by their primary regulator, the Central Bank of Nigeria.
