Transcorp Power: A Viable Company For Investors
Transcorp Power becomes the second Electric Power Generating company to be listed on the mainboard of the Nigerian Exchange Limited (NGX) by Introduction.
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Transcorp Power becomes the second Electric Power Generating company to be listed on the mainboard of the Nigerian Exchange Limited (NGX) by Introduction.
Analysts and stockbrokers across Nigerian have spoken highly of the potential of Transcorp shares after its subsidiary, Transcorp crossed the N2 trillion market cap.
Despite rising insecurity and a mix of macroeconomic challenges, the Nigerian equities market soared significantly last year 2023 with investors gaining N13 trillion in nominal terms.
Year 2023 seems to be rosy for capital market investors as well as the insurance industry with equity investors gaining N11.7 trillion and insurers mobilising
The Nigerian Stock Exchange (NGX) All-Share Index appreciated by 29.52% to close at 66,382.14 index points in the third quarter of 2023. This development has pushed the market to its 15-year high on the back of strong positive sentiments. Available statistics showed that the All-Share Index, which is the broad index that measures the performance…