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Home Business & Economy

NGX suspends Notore Chemical Industries from trading

by Admin
June 11, 2025
in Business & Economy
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Investors rake in over N732.91 bn from Dangote, MTN, 56 other companies’ dividend payout
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June 11, 2025

The Nigerian Exchange Ltd. (NGX) has announced the suspension of trading in the shares of Notore Chemical Industries Plc, effective Wednesday, June 11.

This development, according to a corporate disclosure on the NGX website, is in preparation for the formal delisting of the company from the Exchange.

The disclosure was signed by Godstime Iwenekhai, Head of the Issuer Regulation Department, NGX.

It read: “Trading license holders and the investing public are hereby notified that trading in the shares of Notore Chemical Industries Plc was suspended today, Wednesday, June 11, 2025.

“The suspension is necessary to prevent trading in the shares of the company in preparation for the delisting of the securities of the company in line with the approval obtained from Nigerian Exchange Limited (NGX).”

Notore Chemical Industries Plc is a Nigerian-based agro-allied and chemicals company known for its production of fertilisers and other chemical products.

The company has been listed on the NGX since 2018.

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