Nigeria’s 34 listed companies paid a cumulative N540.37 million in penalties for late submission of financial statements during the 2024/2025 compliance cycle, with the insurance sector accounting for the largest share of sanctions.
This is according to the latest X-Compliance Report published by NGX Regulation Limited on February 20, 2026.
The report highlights governance and disclosure lapses across sectors and also identifies early filers that met deadlines ahead of schedule, offering insight into compliance trends in Nigeria’s capital market.
