The Nigerian Stock Exchange has expelled 35 stockbroking firms. The exchange disclosed this in a notice published in the Punch newspapers of December 28, 2018.
Here are 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 Fiannce 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.