Aradel Holdings Plc, an integrated energy company has listed 4.34 billion shares on Nigerian Exchange Limited (NGX) Main Board.
The shares, listed at N702.69 per share through a “Listing by Introduction,” boosted the market capitalisation of NGX by N3.
05 trillion, marking a significant milestone in the oil and gas sector’s participation in the stock market.
Aradel Holdings Plc, a major player in Nigeria’s oil and gas industry, operates across the entire oil and gas value chain, with business interests in the exploration, production, and refining of petroleum products.
“The listing of Aradel Holdings on NGX represents a pivotal moment for us,” Jadesimi said.
“We are committed to driving sustainable growth in Nigeria’s energy industry, particularly in the renewables space, while continuing to excel in petroleum product exploration and refining.
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