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AugThe Nigerian stock market on Wednesday closed on a bearish note, shedding 1.75%. Year to date, the market has returned 25.2% with the All Share Index and Market Capitalisation at 64,167.39 points and N34.919 trillion respectively. In a stock market review with Mr Gilbert Ayoola, a capital market expert, the following were discussed: Excerpts: The market on Wednesday […]
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AugIndustrial and Medical Gases Nigeria Plc Wednesday published its Second Quarter report for the period ended 30 June 2023. The Company reported revenue of N2.726 billion for the 6 months period, up by 14.58% from N2.379 billion reported the previous year. Profit after tax grew year on year by 20.93% to N325.065 million from N268.799 million reported[…]
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AugAirtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, has announced that it’s wholly owned subsidiary in Uganda (Airtel Uganda Limited) has announced the intention to publish a prospectus and float shares on the Main Investment Market Segment of the Uganda Securities Exchange. Airtel Uganda Limited intends[…]
