The Nigerian Stock Exchange has placed full suspension of trading on the shares of Cement Company of Northern Nigeria Plc.
According to a statement on the website of the Nigerian Stock Exchange, “Dealing Members are hereby notified that trading in the shares of Cement Company of Northern Nigeria Plc (CCNN or the Company) was today, Tuesday, 24 December 2019 placed on full suspension. The suspension becomes imperative to prevent trading in the shares of the Company beyond the Effective Date (the date the Certified True Copy (CTC) of the Court Sanction will be registered with the Corporate Affairs Commission) of the Scheme of merger between the Company and Obu Cement Company