Apel, EDC, Calyx face penalty for market infraction

by | March 3, 2013 12:58 pm

 Three stockbroking firms, Apel Asset & Trust Limited, EDC Securities Limited, and Calyx Securities Limited, have been penalised by the Nigerian Stock Exchange (NSE) for various market infractions. The trio would collectively be paying N21.5 million as penalty while also facing suspension from trading for one week. Apel Asset & Trust Limited will pay N15…

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