Insights, Business Advisory, Company Set-up and Regulatory Compliance, Corporate Commercial Practice Group

From Listed to Lost Liquidity: Understanding What Happens to Shareholders When Companies are Delisted from the NGX

Introduction

On 9th April 2026, the Nigerian Exchange Limited (NGX) removed two companies from its Daily Official List: DN Tyre & Rubber Plc and Greif Nigeria Plc. What appeared as a routine regulatory notice carries significant consequences for shareholders. A delisting means their shares, still legally theirs, can no longer be bought or sold on the exchange, and for some, that reality may have come completely out of the blue.

This article explains what delisting means, why it happens, what shareholders can do when it does, and the due diligence habits that can protect investors before they find themselves in that position.

Adamolekun R, “DN Tyre & Rubber, Greif Nigeria Delisted from Nigerian Exchange” (Premium Times Nigeria, April 9, 2026)

To read the full article, kindly download the PDF

Oluchi Nwaizim

Senior Associate

Philip Oladimeji

Associate

Practice Key Contacts

More To Read

02/06/2026
Committal Proceedings for Contempt of Court in Nigeria

In Volume I, we explored the constitutional underpinnings of committal proceedings in Nigeria, revealing, perhaps unsurprisingly to the seasoned practitioner, the doctrinal tensions inherent in

22/05/2026
LASERC’s 24/7 Electricity Franchise Zones: A New Chapter for Power Supply in Lagos?

  Dear Readers, Lagos is building a new electricity market from the ground up! For many Lagos residents and businesses, unreliable electricity has become part