Tag: Rulebook

NSE fines NEM Insurance for contravening its Rulebook

Oct 25, 2018

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by

Olaotan Falade

in Business News, Nigeria

The Nigerian Stock Exchange (NSE) has fined NEM Insurance Plc for contravening Rule 19.3 of its Rulebook. This was after the NSE received a complaint by Bernateva Partners – the solicitor to Eaton Acquisitions Limited, a major shareholder in NEM Insurance Plc – to reverse the decisions reached at the Annual General Meeting (AGM) held…