Quoted Companies: Definition, Features, And Examples - SS2 Accounting Lesson Note

Quoted companies, also known as publicly traded companies, are businesses that have issued shares of stock to the public and are traded on a stock exchange. These companies are required to follow strict reporting and disclosure requirements, which provides transparency for investors.

Features:

• Quoted companies are owned by shareholders who can buy and sell shares on the stock exchange.

• They are required to publish financial statements and other relevant information to the public.

• Quoted companies are subject to regulation by the Nigerian Stock Exchange (NSE) and the Securities and Exchange Commission (SEC).

Examples:

Below are some of the most well-known quoted companies in Nigeria, but there are many others listed on the Nigerian Stock Exchange:

• Dangote Cement Plc

• Guaranty Trust Bank Plc

• Nestle Nigeria Plc

• Nigerian Breweries Plc

• Zenith Bank Plc