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Trading in Ardova Shares Resumes as NGX Removes Embargo.

Source :
Business Post Nigeria; 7/11/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Trading in Ardova shares on the Nigerian Exchange (NGX) has resumed after the regulatory agency, NGX Regulation Limited, removed the embargo that was placed on the company's securities. The trading suspension was announced on July 1, 2022, due to Ardova's failure to file its audited financial statements for the 2021 accounting year. Although Ardova reported a loss of N3.9 billion for the year, shareholders can now buy and sell the company's equities on the NGX platform. The trading value remained unchanged at N13.05 per unit, and the trading volume decreased from the previous session. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Business Post Nigeria
Publication Type :
Periodical
Accession number :
177338940