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AugStock Market Review: August 10, 2023
The 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 […]
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AugIndustrial and Medical Gases reports N2.73bn revenue in 6 months, PAT rises by 20.93%
Industrial 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%[…]
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AugAirtel to float shares on the Uganda Securities Exchange
Airtel 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[…]
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AugMarket sheds N621bn as NGXASI drops by 1.75%
The equity market on Wednesday closed on a bearish note as the All Share Index dropped by 1.75% to settle at 64,167.39 points from the previous close of 65,309.65 points. The Market Capitalisation declined by 1.75% to close at N34.919 trillion from the previous close of N35.540 trillion, thereby shedding[…]
