NSE set to delist Nigeria Wire & Cable, 2 others

The Nigerian Stock Exchange (NSE) has revealed its plans to delist Nigerian Sewing Machine Manufacturing Plc , Stockvis Plc  and Nigeria Wire & Cable Plc.

The report from the bourse said the mentioned companies  failed to take any steps to regularize their listing status and The Exchange will proceed with the delisting process effective July 13, 2015

. 
"The Exchange will continue to engage the remaining fifteen (1​5) companies that have taken steps towards regularizing their listing statuses with a view to bringing them into compliance with their post listing obligations," it statement added.